Author: admin

12 Apr Opinion | How reskilling Asia’s workforce can secure a more sustainable future

Posted at 07:30h in Asia

The sheer scale of this workforce transformation underscores the critical importance of developing a skilled labour force capable of supporting Asia’s energy transition. As the demand for renewable energy, energy efficiency and sustainable practices continues to rise, employers are seeking workers with specialised technical skills...

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12 Apr UK economic growth, February 2024

Posted at 06:44h in Europe

Plane contrails streak across the sky over Regent Street on February 15, 2024 in London, England. Dan Kitwood | Getty ImagesLONDON — U.K. gross domestic product rose 0.1% in February, the Office for National Statistics said on Friday, providing another sign of a return to sluggish...

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12 Apr Indebted Chinese developer Zhenro asks to delay restructuring amid ‘strained’ conditions, Ping An unit’s lawsuit threat

Posted at 05:11h in Asia

Defaulted Chinese developer Zhenro Properties Group is seeking to postpone a restructuring plan as its liquidity woes continue amid slumping sales, slow asset disposal and the threat of a lawsuit from Ping An Insurance Group over a property-linked trust.Zhenro plans to delay the implementation of...

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12 Apr Amazon adds AI expert Andrew Ng, Google Brain founder and Baidu alumnus, to its board

Posted at 03:20h in Asia

Amazon.com is adding artificial intelligence visionary Andrew Ng to its board of directors, a move that comes amid intense AI competition among start-ups and big technology companies.The Seattle company said Thursday that Ng, a managing director at the Palo Alto, California-based AI Fund, will replace...

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12 Apr Hong Kong stocks fall tripped by yuan’s weakness, but gold stocks rise after bullion posts record high

Posted at 02:46h in Asia

Hong Kong stocks dropped for a second day pressured by weakness in the Chinese yuan currency which hovered around a five-month low. Investors are also cautious awaiting trade data which is expected to show a contraction in exports from the world’s second-largest economy.The Hang Seng...

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12 Apr Singapore office rents rebound as tenants from law firms to finance companies snap up space in main business zones

Posted at 00:00h in Asia

Rents in Singapore’s office market rose in the first three months of the year, shaking off two consecutive quarters of declines as some tenants snapped up limited premium spaces and others renewed their leases instead of relocating owing to cost considerations, according to Colliers.In the...

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11 Apr Bell Canada CEO Mirko Bibic defends job cuts in Commons committee testimony

Posted at 21:34h in Canada

As members of Parliament accuse Bell Canada of corporate greed, the head of the company is defending its decision to cut thousands of jobs, citing a shift in Canadians' viewing habits away from traditional TV.Liberals, Conservatives and New Democrats grilled CEO Mirko Bibic during often...

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11 Apr China’s Suzhou city plans supercharged cross-border e-commerce business after Shein and Temu success

Posted at 14:00h in Asia

The hi-tech manufacturing hub of Suzhou has unveiled a plan to double the city’s cross-border e-commerce annually for the next three years, as it looks to tap into the growing influence of Chinese platforms such as Shein and PPD Holdings’ Temu.The municipal government of the...

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11 Apr Lianjia, China’s largest real estate brokerage, opens Manner coffee shop in Shanghai outlet to brew up home transactions

Posted at 13:40h in Asia

Lianjia, mainland China’s largest real estate brokerage, has teamed up with coffee chain operator Manner to open a cafe in one of its outlets in Shanghai, launching a crossover marketing campaign to drive transactions amid lack of homebuying interest.The property agency opened the Manner coffee...

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11 Apr City University of Hong Kong calls for broader ESG reporting coverage, says all financial institutions licensed by SFC should submit emissions data

Posted at 13:00h in Asia

All financial institutions licensed by the Securities and Futures Commission (SFC) to carry out regulated activities should be required to submit environmental, social and governance (ESG) reports that cover their overall greenhouse gas emissions for the development of a comprehensive ecosystem of sustainability disclosures in...

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