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Bank of England sees potential risks from cloud data providers
LONDON (Reuters) - The Bank of England might strengthen its controls on cloud data providers and other technology firms to counter possible risks to the stability of the financial system from the rise of fintech, Deputy Governor Dave Ramsden said.
Britain's driverless car ambitions hit speed bump with insurers
LONDON (Reuters) - Britain's goal to be a leader in adopting self-driving cars could backfire unless automakers and government regulators spell out the current limitations of the technology, insurance companies warn.
Meituan CEO who beat Jack Ma gets US$10bil for next fight
The competition between Wang Xing’s Meituan and fellow tech billionaire Jack Ma’s Alibaba Group Holding Ltd is turning into one of the great rivalries in Chinese business.
Tesla protest at Shanghai Auto Show 2021 ends with woman dragged off by security after climbing onto car and shouting
A woman in China claims her Tesla’s brakes malfunctioned, causing her car to crash. The company denies this and said the car was speeding, but has refused to release all of the car’s data from the crash.
CIMB Thai reports lower Q1 operating income
KUALA LUMPUR: CIMB Thai Group's operating income fell 17.2% year-on-year (y-o-y) to THB3.51bil in the first quarter of the year due to a drop in other income and net interest income.
Domestic helpers to be covered under social security plan
KUALA LUMPUR: Local and foreign domestic helpers are set to benefit from the government’s expansion of social security protection, with approximately 100,000 workers in this segment slated to be covered.
Social security coverage extended to domestic helpers from June, says Saravanan
KUALA LUMPUR: The social security coverage has been extended to benefit 100,000 local and foreign domestic helpers, says Datuk Seri M. Saravanan.
UK unemployment falls again under government's jobs shield
LONDON: Britain's unemployment rate unexpectedly fell for a second month in a row to 4.9% in the December-to-February period, most of which the country spent under a tight COVID-19 lockdown, official figures showed on Tuesday.
China’s FDI inflows surge at fastest rate in 13 years during first quarter, surpassing pre-pandemic level
10,263 new foreign-invested companies were established in China during the first three months of the yearData from the Ministry of Commerce comes as China continues to court foreign businesses while the United States is looking to help American companies exit the Chinese market
Cook calmly accepts murder charge over wife’s death
GEORGE TOWN: A cook charged with murdering his wife appeared calm and composed in court despite having admitted to committing the crime last week.
