Search result for Chair
Fed hikes rates, leaves the option of a tightening cycle halt
With what could be the last in a record run of interest rate hikes and a heightened focus on credit and other economic vulnerabilities, the Federal Reserve entered a new phase in its management of the post-pandemic economic recovery on Wednesday. As expected by the financial markets, the Federal ...
Consumers are more upbeat about the here and now, but they expect inflation to rise in the near future.
The Federal Reserve's efforts to stem the rise in prices were given a complication boost on Friday by a crucial report from the University of Michigan that found consumer sentiment had improved in February but inflation expectations had increased.
Preliminary data for February show ...
After Powell's remarks, European stocks hit a nine-month high, as the dollar wobbles.
On Wednesday, global stocks soared and most currencies rallied against the dollar as investors perceived a dovish tone in comments from Federal Reserve Chair Jerome Powell, albeit an ECB policy change meant European bonds sat out the rally. MSCI's world stock index increased 0.3%, returning t...
Anand Mahindra's clever response to a Twitter user after he posted a photo of an ad that pleased him has gone viral.
Anand Mahindra rushed to Twitter to post a photo of an advertising that he dubbed "supeb." He even responded wittyly to one of the Twitter users who commented to his article.
Anand Mahindra tweeted a photo of an advertising.
He was blown away by the originality and d...
Powell, the Fed's chairman, discovers inflation to be a more obstinate foe than expected.
The central bank chief is balancing between managing inflation and precipitating a recession.
Whiplash, to say the least.
The Federal Reserve raised interest rates for the fourth time in a row on Wednesday, coupled with a statement that Wall Street read as a signal that it mig...
President Yoon names the FTC chairman and the main prosecutor
In order to fill the months-long leadership void at the prosecution, President Yoon Suk-yeol on Friday accepted the appointment of Lee Won-seok as the first chief prosecutor of the administration.
Yoon also announced that Han Ki-jeong, a professor of law at Seoul National University, ha...
Stephen A. Owens to Chair the Chemical Safety and Hazard Investigation Board
Stephen Owens was appointed as the chairman of the Chemical Safety and Hazard Investigation Board by President Joe Bidden
The US Senate in 2021 December confirmed Owens as a part of the United State Chemical Safety and Hazard Investigation Board (CSB).
Since Owens's member...
Vietnam and Singapore have agreed to strengthen their parliamentary ties
On May 18, Chairman of the National Assembly (NA) Vuong Dinh Hue and visiting Speaker of the Singaporean Parliament Tan Chuan-Jin met in Hanoi to discuss the necessity for their countries' overall relations and parliamentary relationships to be strengthened to strengthen their strategic partn...
How Dubai Internet City is transforming into a centre for internet businesses looking to expand into the Middle East
Khazna, one of the Middle East's major data centre infrastructure providers, announced the opening of two new data centres in Dubai Internet City.
The greatest centre for technology businesses in the UAE is Dubai Internet City. The new data centres will help these businesses by allo...
Samsung still searching for direction, a year after Lee Kun-hee’s death
Monday marks the first anniversary of Lee Kun-hee, Samsung and its flagship unit Samsung Electronics chief, one of South Korea’s largest conglomerate.
Highlights
- It has been a year since Lee Kun-hee passed away
- Lee Jae-yong is the new ...
Global ENT Chairs Market to Grow at Promising 7.1% CAGR during 2021-2029 – A Report
The ENT chairs market was valued at US$ 359.8 million in 2020 and is expected to reach US$ 573.4 million by 2029, growing at a CAGR of 7.1% over the next eight years. Technological innovations in the designing of ENT chairs are anticipated to driver the global market growth. Rising demand from th...
EAST JAPAN CITY GOVT. TO REVOKE PARTNERSHIP AGREEMENT WITH DHC CORP.
Highlights –
- East Japan city govt. to revoke partnership agreement with DHC Corp.
- The Shimotsuma Municipal Government in Ibaraki Prefecture gave the decision.
- The company's website is said to have discriminated against Korean peop...
US: FREE SAMSUNG BOSS
Highlights:
- US companies are urging South Korean President Moon Jae-in to release Samsung’s chairman Lee Jae-Yong.
- US companies believe that Samsung’s chairman has the ability to boost American Presi...
S. KOREA'S BUSINESS CHIEF’S DIVIDEND PAYMENTS ROSE 37.1% IN 2020
Highlights –
- S. Korea's business Chief’s dividend payments rose 37.1% in 2020.
- 39 heads of the nation's 50 conglomerates received a combined US$1.6 billion in 2020.
- Late Samsung Group Chairman Lee Kun Hee’s dividen...
FOUNDER OF KAKAO SOLD $447 MILLION WORTH OF STOCKS AS DONATION
Highlights –
- Founder of Kakao sold $447 million worth of stocks as donation.
- Kakao's chairman had pledged in February this year to donate more than half of his assets.
- He had joined the Giving Pledge, a global campaign created by ...
TOSHIBA CORP. PRESIDENT & CEO RESIGN OVER INTERNAL MANAGEMENT CONFLICT
Highlights –
- Toshiba Corp. President & CEO resign over management conflict.
- Chairman Satoshi Tsunakawa takes up the posts of Kurumatani.
- The conflict happened over a proposed buyout of the company by CVC Capital Partners. <...
US SEC DENIED THE RIGHT TO SCRUTINIZE RIPPLE OFFICIALS’ TRANSACTION HISTORY
Highlights:
• SEC has brought allegations against Ripple
• XRP is Ripple's cryptocurrency that SEC calls a security
According to the US SEC, Ripple’s XRP is not a cryptocurren...
FED CHAIR JEROME POWELL PLEDGES TO GET U.S. BACK TO A GREAT ECONOMY
Highlights
• Powell told a virtual panel that his commute home takes him past substantial tent city, and thinks that there millions of Americans who are still trying to get back to work
• The impact of Powell’s speech was clearly visible on the stock market as ...
PETROCHINA AIMS TO SUPPLY ZERO-CARBON PRODUCTS BY 2035
Highlights –
- PetroChina aims to supply zero-cabon products by 2025.
- It also expects its carbon emissions to peak by 2025.
- In 2025, the company aims to produce between 150 billion and 160 billion cubic metres of natural gas.
MIGRANTS' TRADE UNION ASKS S. KOREAN GOVT. TO IMPROVE WORKING CONDITIONS
Highlights –
- Migrants' Trade Union asks S. Korean govt. to improve working conditions.
- Foreigners are now allowed to land jobs of sorting and loading parcels.
- The Ministry of Justice has preannounced a revision of an enforcement d...