Grab sees no big layoffs despite weak market

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In: South-East Asia

SINGAPORE: Grab, Southeast Asia’s greatest ride-hailing and food delivery firm, will not envisage having to undertake mass layoffs as some rivals have done, and it is selectively hiring, while reining in its economic service ambitions. Chief Working Officer Alex Hungate said that earlier in the year, Grab have been worriedContinue Reading

Spookish report fingers tech-hoovering Chinese scientists

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In: Asia

China is luring back its US-trained and educated talent to work for the Chinese military’s high-tech weapons programs, effectively using US expertise and resources to advance its research in cutting-edge military technology and its applications, a new in-depth private intelligence report claims. Provocatively entitled “The Los Alamos Club”, the Strider Technologies report shows in graphic […]

The post Spookish report fingers tech-hoovering Chinese scientists appeared first on Asia Times .

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The mechanics of recession, inflation

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In: Asia

How do they actually it?   Experts speak metaphorically when they say, as I furthermore sometimes do, present problems with recession/inflation (r/i) are due to governments’ policy of printing too much money. As well, when they discuss the “cure. ” they blithely speak about raising the eye rate, as if this kind of action is equivalent to turning down some […]

The posting The mechanics of recession, inflation appeared first upon Asian countries Times .

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Weak yen on a collision course with strong yuan

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In: Asia

TOKYO — As Xi Jinping places the finishing details on securing another term as Chinese language president, his group has a Japanese yen dilemma on its hands. And so really does Tokyo. On Thursday night, the Bank of The japanese made a sudden despoliation into currency markets. It had been Japan’s first work to prop up the particular yen since […]

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The particular post Weak yen on a collision course with strong yuan appeared initial on Asia Times .

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Carro drives Into Japan through partnership with Softbank

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In: Technology

Plans to broaden marketplace for individual usersAims to introduce subscription-based services and car renting Southeast Asia’s biggest used car marketplace, Automóvel, has announced the expansion into Japan through a joint venture with SoftBank Corporation (SoftBank). ÂIn a statement, the used car industry said as part of the entry, Carro The japanese…Continue Reading