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 …

Baca Lagi »

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 …

Baca Lagi »

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 …

Baca Lagi »

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 …

Baca Lagi »

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 …

Baca Lagi »