Month: March 2024

JPY Bears Beware

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🇯🇵 🇯🇵 One question is obsessing Tokyo’s financial markets — when will the Bank of Japan exit negative interest rates? The country’s biggest bank Misubishi UFJ, expects the move to come in two weeks and is positioning itself accordingly
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Gender Pay Gap: It’s Not So Simple

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🚨 🚨 While gender pay gap is a bellwether of how we value women’s economic and corporate contributions, eradicating this discrimination won’t mean instant equality. More hard work is needed not only to achieve pay equality, but create workplaces where women have equal opportunities

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Soju Is Back With A Bang

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🇰🇷 🇰🇷 Soju is experiencing surging demand at top bars and restaurants around the world. South Korea’s largest soju producer, Jinro, doesn’t just dominate the soju market, it’s the world’s top liquor brand. Parent HiteJinro Co. took in approximately $1.13 billion in revenue from soju in 2022. That year, Jinro became the first liquor brand to sell more than 100 million cases, up from 65.3 million a decade ago
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China: 5% Target Without A Plan

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🇨🇳 🇨🇳 China–Target Without A Plan: While Li told delegates support was needed on “all fronts,” his annual report to the legislature didn’t offer much fiscal firepower: it kept the government’s deficit stable, and lacked aggressive moves to boost consumption or new policies to solve the real estate crisis. The Asian nation’s slide into its longest streak of falling prices since the 1990s wasn’t directly addressed
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Starbucks Middke East Axes Jobs

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☕️ ☕️ The Starbucks operator in the Middle East and North Africa has cut thousands of jobs as it faces tough economic conditions and calls to boycott the US coffee chain over its response to the Israel-Hamas war
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F-35 Report Is Classified

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✈️ ✈️ The Pentagon’s test office has completed the most comprehensive evaluation yet of Lockheed Martin Corp.’s F-35, the world’s costliest weapons system, but won’t share what it’s found: The report has been marked “classified”
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Blinken Urges Hamas To Sign Cease-Fire Deal

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🇮🇱 🇮🇱 Secretary of State Antony Blinken urged Hamas leaders to agree to a cease-fire deal that would free hostages and halt the war in Gaza, even as he called on Israel to let in more humanitarian aid for increasingly desperate Palestinians
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Elon Meets Trump

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🇺🇸 🇺🇸 Donald Trump and billionaire Elon Musk met on Sunday as the Republican presidential frontrunner is seeking to woo donors to fund his cash-strapped political operation
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Trump Haters Listen Up

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🇺🇸 🇺🇸 Trump has remained popular with GOP primary voters of all ages, genders and races, including the working-class and college-educated Republicans, according to exit polling from early states
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Edge AI Versus Cloud AI

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🧠 🧠 Edge AI and Cloud AI represent two distinct approaches to artificial intelligence, each with its unique characteristics and applications
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