Arkib Harian: October 14, 2024

India’s HCLTech beats second-quarter revenue estimates

Indias HCLTech beats second quarter revenue estimates

BENGALURU (Reuters) -HCLTech, India’s third-largest IT services company, reported a bigger-than-expected second-quarter revenue on Monday amid a slight recovery in discretionary spending by clients. The company’s consolidated revenue rose 8.2% on-year to 288.62 billion rupees ($3.43 billion) in the quarter ended Sept. 30. Analysts, on average, had expected a revenue …

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DBKL’s ops to remove Chinese signboards sparks debate online

DBKLs ops to remove Chinese signboards sparks debate online

A RECENT Kuala Lumpur City Hall (DBKL) operation to remove Chinese signboards along Jalan Imbi in Bukit Bintang, Kuala Lumpur, has sparked heated debates online about the regulation and claims of double standards in enforcement. During the operation on Saturday (Oct 14), DBKL issued a 14-day notice to five premises …

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Nobel economics prize goes to inequality researchers

Nobel economics prize goes to inequality researchers

STOCKHOLM (Reuters) -Three U.S.-based academics won the 2024 Nobel economics prize on Monday for research that explored the aftermath of colonisation to understand why global inequality persists today, especially in countries dogged by corruption and dictatorship. Simon Johnson and James Robinson, both British-American, and Turkish-American Daron Acemoglu were commended for …

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Indonesia’s Prabowo considering offering Sri Mulyani a cabinet post – sources

Indonesias Prabowo considering offering Sri Mulyani a cabinet post

JAKARTA (Reuters) – Indonesia’s incoming president Prabowo Subianto is considering offering current finance minister Sri Mulyani Indrawati a cabinet minister post in his administration, two sources with knowledge of the situation told Reuters. Former World Bank managing director Sri Mulyani could be asked to stay on as finance minister or …

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Asian currencies subdued, stocks gain; regional central bank decisions awaited

Asian currencies subdued stocks gain regional central bank decisions awaited

Asian stock markets rose on Monday and currencies declined as investors assessed China’s underwhelming stimulus measures, while focus was on key interest rate decisions by central banks in Indonesia, Thailand and the Philippines later this week. China said on Saturday it will “significantly increase” debt to revive its sputtering economy …

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Discord seen as online home for renegades

Discord seen as online home for renegades

Known for its appeal to online renegades, chat platform Discord finds itself in the crosshairs of Turkey and Russia. Turkey on Oct 9 said it was banning Discord under the auspices of protecting young people from abuse. A day earlier, Russia’s telecoms watchdog Roskomnadzor announced that Discord was being “restricted” …

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Rice seals it as England outclass Finland, Haaland frustrated by Austria

Rice seals it as England outclass Finland Haaland frustrated by

PARIS, Oct 14 — England eased to a 3-1 victory away to Finland in the Nations League yesterday, while Austria put five past Erling Haaland’s Norway. Jack Grealish put England ahead in the first half, then Trent Alexander-Arnold curled in a superb free-kick and Declan Rice sealed the win inside …

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World Bank says 26 poorest countries in worst financial shape since 2006

World Bank says 26 poorest countries in worst financial shape

WASHINGTON (Reuters) – The world’s 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than at any time since 2006 and increasingly vulnerable to natural disasters and other shocks, a new World Bank report showed on Sunday. The report finds that these economies are …

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Ambani’s Reliance lobbies India on satellite spectrum in new face-off with Musk

Ambanis Reliance lobbies India on satellite spectrum in new face off

NEW DELHI (Reuters) -Indian billionaire Mukesh Ambani’s Reliance has privately argued that the telecom regulator incorrectly concluded that home satellite broadband spectrum should be allocated and not auctioned, a letter seen by Reuters shows, intensifying a face-off with Elon Musk’s Starlink. The methodology of giving out spectrum for satellite services …

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