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Samsung Said to Cut Thousands of Jobs Amid Struggles in AI Market
Samsung Electronics Co. is initiating layoffs across Southeast Asia, Australia, and New Zealand. These layoffs are expected to impact roughly 10 percent of the workforce in these regions, though the figures may differ for each subsidiary, sources told Bloomberg.
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Jobs In South Asia Lagging Behind Growing Population, Says World Bank
Job creation in South Asian economies is not keeping pace with the rise in the working age population, putting the region on a path that risks "squandering its
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Asia’s Line Messaging App Plans to Expand into NFT Ecosystem, Bags Millions in Investment
In January 2024, Line Next plans to officially launch its global NFT platform named Dosi. This platform will let users engage in trading digital assets and products. Line Next plans to launch Dosi as a mobile app and provide new solutions to help brands give ownerships of digital assets and trade them. This will help users and brands linked to the ...
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Asian Development Bank Cuts India Growth Forecast To 5.1% For Fiscal Year 2019
The ADB also lowered its forecast for South Asia's largest economy India for fiscal years 2019 and 2020 to 5.1 per cent and 6.5 per cent, from its September estimates of 6.5 per cent and 7.2 per cent, due to liquidity strains on its non-banking finance companies and slow job growth.
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Indian Students Lag In Skills Needed For 21st Century: UNICEF
With almost half of its population of 1.8 billion below the age of 24, led by India, Pakistan and Bangladesh, South Asia will have the largest youth labour force in the world until 2040.
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Facebook India Head Umang Bedi Resigns; Sandeep Bhushan Named Interim Managing Director
Facebook India MD Umang Bedi has quit the company 14 months after joining it, and will stay on for another three months for a smooth transition.
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Asia Stocks Weaker After Soft US Jobs, China Trade Data
MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.2 percent. Australian stocks shed 0.4 percent and South Korea's Kospi fell 0.6 percent.
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With Jobs Scarce, South Korean Students Linger on Campus
Youth unemployment hit a 14-year high in South Korea in 2014, and with hiring sluggish amid a weak economy, especially for "good" jobs with permanent status, thousands of students due to graduate in early 2015 are expected to instead remain on campus.
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Infosys rejects claims of hiring discrimination in US
Infosys, India's second-largest software services provider, rejected allegations by an American job applicant that she was not hired for a position in the United States because of her nationality.
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Japan's Shinzo Abe turns to South-East Asia to counter China
The last time he was prime minister of Japan, Shinzo Abe's inaugural foreign trip was to China. In the job again 7 years later and relations with Beijing now chilly, Abe is turning first this time to the rising economic stars of Southeast Asia.
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Asia stocks rise as US jobs picture improves
Asian stock markets rose sharply on Monday, boosted by stronger-than-expected US hiring figures.
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Asia stocks up amid positive US jobs data
Japan's Nikkei 225 index rose 1.2 percent to 8,744.15. South Korea's Kospi rose 0.9 percent to 1,932.71.
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Samsung Said to Cut Thousands of Jobs Amid Struggles in AI Market
Samsung Electronics Co. is initiating layoffs across Southeast Asia, Australia, and New Zealand. These layoffs are expected to impact roughly 10 percent of the workforce in these regions, though the figures may differ for each subsidiary, sources told Bloomberg.
-
Jobs In South Asia Lagging Behind Growing Population, Says World Bank
Job creation in South Asian economies is not keeping pace with the rise in the working age population, putting the region on a path that risks "squandering its
-
Asia’s Line Messaging App Plans to Expand into NFT Ecosystem, Bags Millions in Investment
In January 2024, Line Next plans to officially launch its global NFT platform named Dosi. This platform will let users engage in trading digital assets and products. Line Next plans to launch Dosi as a mobile app and provide new solutions to help brands give ownerships of digital assets and trade them. This will help users and brands linked to the ...
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Asian Development Bank Cuts India Growth Forecast To 5.1% For Fiscal Year 2019
The ADB also lowered its forecast for South Asia's largest economy India for fiscal years 2019 and 2020 to 5.1 per cent and 6.5 per cent, from its September estimates of 6.5 per cent and 7.2 per cent, due to liquidity strains on its non-banking finance companies and slow job growth.
-
Indian Students Lag In Skills Needed For 21st Century: UNICEF
With almost half of its population of 1.8 billion below the age of 24, led by India, Pakistan and Bangladesh, South Asia will have the largest youth labour force in the world until 2040.
-
Facebook India Head Umang Bedi Resigns; Sandeep Bhushan Named Interim Managing Director
Facebook India MD Umang Bedi has quit the company 14 months after joining it, and will stay on for another three months for a smooth transition.
-
Asia Stocks Weaker After Soft US Jobs, China Trade Data
MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.2 percent. Australian stocks shed 0.4 percent and South Korea's Kospi fell 0.6 percent.
-
With Jobs Scarce, South Korean Students Linger on Campus
Youth unemployment hit a 14-year high in South Korea in 2014, and with hiring sluggish amid a weak economy, especially for "good" jobs with permanent status, thousands of students due to graduate in early 2015 are expected to instead remain on campus.
-
Infosys rejects claims of hiring discrimination in US
Infosys, India's second-largest software services provider, rejected allegations by an American job applicant that she was not hired for a position in the United States because of her nationality.
-
Japan's Shinzo Abe turns to South-East Asia to counter China
The last time he was prime minister of Japan, Shinzo Abe's inaugural foreign trip was to China. In the job again 7 years later and relations with Beijing now chilly, Abe is turning first this time to the rising economic stars of Southeast Asia.
-
Asia stocks rise as US jobs picture improves
Asian stock markets rose sharply on Monday, boosted by stronger-than-expected US hiring figures.
-
Asia stocks up amid positive US jobs data
Japan's Nikkei 225 index rose 1.2 percent to 8,744.15. South Korea's Kospi rose 0.9 percent to 1,932.71.
