Risks. Xi jinping isdent firmly in control, the message. Haidi a rate rise seems all but week, janet yellen warning danger if the fed acts too late. Risk aversion in this first trading session in asia. 30 minutes away from the open in china and hong kong. Looking at how those markets are digesting policy announcements from the npc. Rishaad the first time asia has had a chance to react to what janet yellen is saying. Sophie kamaruddin is having a look at the movers. Sophie quite a bit today. Korean stocks, the rosalind the kospi falling, Consumer Services falling over 1. 6 . A number of players falling today. Rising upperks are 1 . The kospi is asias worstperforming index and asia this year, falling nearly 5 . Hanjin we do havehanjin shipping on the decline over 21 . Hanjin shippings u. S. Creditors sellin given the nod to stateside containers. The judge overseeing the hearing rejected hanjins claim that it still had equity in the containers. In tokyo, the nikkei 225 slipping as the yen
She makes her first appearance since she got her new post. And the french president is set to talk trade and iran with barack obama as the two get down to business. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. A warm welcome. Miss yellen is on the agenda. In the spotlight. Its not officially called that, any more. Not the old hump. Other things on the show cat walk cash. That would be you . That would be me. We find out what the top trends are in new York Fashion Week. Glencore ex strat what has posted higher output. We got chinese copper prices down in twomonth lows. Well have a discussion on that. And were talking about this yesterday, nestle cuts back its stake in lori el. Well get all the details from paris. But first, barclays shares are lower after earnings came down to 5. 2 billion pounds in the Fourth Quarter. The bank says its still increased its bonus pool last year. At the same time, the bank says it will cut another 12,000 j
In a 2021 Accenture survey, nearly two out of three firms blamed their talent gap on not being able to get work permits for foreigners. Nowadays, only 37% cite difficulty in securing employment passes as a hiring challenge. For this dramatic change, the employers and employees should thank Hong Kong.
Artificial intelligence has been a phrase on everyone’s lips as of late. With the invention of AI DJs in Malaysia, ads for small businesses that use the likeness and voice of celebrities or Google’s testing of an AI journalist, it may seem that the long running joke of AI taking over one’s job is