Arkib Harian: December 18, 2023

Asia shares subdued for BOJ meeting, US inflation test

Asia shares subdued for BOJ meeting US inflation test

SINGAPORE: Asia stocks slipped on Monday in a subdued start to a week where Japan’s central bank might edge further away from its uber-easy policies, while a key reading on U.S. inflation is expected to underpin market pricing of interest rate cuts there. The Bank of Japan (BOJ) meets Tuesday …

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Tencent turns to ByteDance in gaming showdown with NetEase

Tencent turns to ByteDance in gaming showdown with NetEase

HONG KONG: Tencent Holdings is relying on one-time bitter rival ByteDance to promote its most important video game release in years, in a sign of warming relations as well as intensifying competition as China’s gaming industry returns to growth. Tencent released on Friday mobile party game DreamStar that it hopes …

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Cricket: Cricket-Pakistan’s tough-talking coach has no doubts his side can beat Australia

Cricket Cricket Pakistans tough talking coach has no doubts his side can

MELBOURNE (Reuters) – Pakistan will hope Shaheen Afridi can bowl himself back into form and his batting team mates can rebuild confidence in a two-day tour match before trying to save the test series against Australia in Melbourne. Shan Masood’s team were trounced by 360 runs in the opener in …

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Arm lays off over 70 engineers in China, relocating roles

Arm lays off over 70 engineers in China relocating roles

Arm Holdings Plc has recently laid off over 70 software engineers in China though it will relocate some of the roles outside of the Asian nation, according to people with knowledge of the move. The British firm’s actions mirrored those of major chip companies including Qualcomm Inc that have cut …

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Flip-flopping of DLP guidelines leaves for more confusion, says MCA Youth

Flip flopping of DLP guidelines leaves for more confusion says MCA

KUALA LUMPUR: The Dual Language Programme (DLP) is once again in the spotlight, following the launch of an online petition to maintain the status quo on its existing guidelines by MCA Youth on Monday (Dec 18). MCA Youth secretary-general Saw Yee Fung said the unofficial announcement of the new DLP …

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Cash-strapped Congolese eye deep inequalities ahead of vote

Cash strapped Congolese eye deep inequalities ahead of vote

KINSHASA (Reuters) – Five years after graduating with a diploma in computer network maintenance, Georges Bamue, 27, still navigates the streets of Democratic Republic of Congo’s capital as a motorcycle taxi rider, unable to find a job or raise enough to start a business in his trained field. On a …

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Bank of Canada says ‘too early’ to consider cuts

Bank of Canada says ‘too early to consider cuts

Ottawa: The Bank of Canada’s top official said policymakers will consider cutting interest rates when inflation is “clearly” on a path to the 2% target, but added that it’s still “too early”. In a speech last Friday, Bank of Canada governor Tiff Macklem said that once officials are assured that …

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1MDB trial: Prosecution plans to call Jasmine Loo

1MDB trial Prosecution plans to call Jasmine Loo

KUALA LUMPUR: The prosecution in Datuk Seri Najib Tun Razak’s trial on Monday (Dec 18) told the High Court here that 1Malaysia Development Berhad’s (1MDB) former general counsel Jasmine Loo Ai Swan would be called to testify in the case. Deputy public prosecutor Ahmad Akram Gharib said the prosecution is …

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Tesla autopilot recall threatens its defence in lawsuits over crashes

Tesla autopilot recall threatens its defence in lawsuits over crashes

Tesla Inc’s biggest vehicle recall ever threatens to hurt the company’s defence in several high-profile lawsuits it faces over crashes linked to Autopilot. The automaker’s recall of two million cars comes after a top US auto-safety regulator found its driver-assistance program failed to ensure drivers stay attentive. Lawyers representing crash …

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Startups face grim holiday season as layoffs, closures mount

Startups face grim holiday season as layoffs closures mount

In a year when much of the tech industry has pulled back on spending, startups have been hit particularly hard. During the pandemic boom, investors were happy to bankroll promising young companies’ growth at any cost. Now, with new funding rounds all but evaporated, the order of the day is …

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