Wells Fargo Wins $4.2 Million in Arbitration Dispute With Financial Advisor
A Finra arbitration panel sides largely with the bank in ordering a former Wells Fargo advisor to repay recruiting loans but finds the company isn’t blameless.
A Finra arbitration panel sides largely with the bank in ordering a former Wells Fargo advisor to repay recruiting loans but finds the company isn’t blameless.
KUALA LUMPUR (Reuters) -Malaysia is targeting at least 500 billion ringgit ($107 billion) in investment for its semiconductor industry, Prime Minister Anwar Ibrahim said on Tuesday, as the Southeast Asian country looks to position itself as a global manufacturing hub. Malaysia is a major player in the semiconductor industry, accounting for 13% of global testing and packaging. It has attracted multibillion-dollar investments from leading firms in recent years, including Intel and Infineon.
A consortium of U.S. investment firm KKR and Singapore Telecommunications (SingTel) has emerged as the frontrunner to buy a minority stake worth $1 billion in one of Asia's biggest data centre providers, two sources said. The potential investment in ST Telemedia Global Data Centres (STT GDC) reflects growing interest and demand for data centres across Asia Pacific as nations and companies respond to the boom in artificial intelligence.
The European Commission's expected move to hike tariffs on Chinese electric vehicles is set to kick off a round of talks that Chinese executives hope will soften the blow for the world's biggest EV industry. But both Europe and China have reasons for wanting to strike a deal. China’s EV industry needs profitable exports to the world's third-largest economy to counter falling margins at home, while German automakers want access to China's auto market and EV partnerships to drive costs down.
BEIJING (Reuters) -Chinese companies plan to request that authorities open an anti-dumping investigation into imports of some pork products from the European Union, the state-backed Global Times newspaper reported on Saturday, citing an unidentified "business insider". China imported a total of 1.55 million metric tons of pork in 2023 with the EU accounting for more than half of the total, customs data showed. The report comes as trade tensions between the EU and China intensify, with the EU conducting investigations into various imports from China to protect home-grown manufacturers.
Just because you retire doesn't mean you have to stop working. And when work is an option rather than a requirement, it's possible to select a low-stress job that multiplies fulfillment without adding anxiety - but still provides a bit … Continue reading → The post 12 Low-Stress Jobs You Can Do in Retirement appeared first on SmartAsset Blog.
A former senior NHS heart surgeon has been charged with sexually assaulting six members of staff at a hospital in Blackpool.
We recently compiled a list of 25 Countries with the Lowest Average Salaries in the World. To check that out, click here. According to the ILO’s World Employment and Social Outlook: Trends 2024 report, in 2023, the global unemployment rate improved slightly to 5.1% from 5.3% in 2022. However, projections for 2024 indicate an increase […]
China's flagship economic cooperation program is bouncing back after a lull during the global pandemic, with Africa a primary focus, according to a Reuters analysis of lending, investment and trade data. Chinese leaders have been citing the billions of dollars committed to new construction projects and record two-way trade as evidence of their commitment to assist with the continent's modernisation and foster "win-win" cooperation. But the data reveals a more complex relationship, one that is still largely extractive and has so far failed to live up to some of Beijing's rhetoric about the Belt and Road Initiative, President Xi Jinping's strategy to build an infrastructure network connecting China to the world.
Having a solid plan can keep you on track for your retirement goals, but just because you have one now doesn't mean you never need to update it. In fact, if you want to ensure you can retire on your...
Higher U.S. tariffs on medical gloves, syringes and face masks from China are unlikely to make U.S. producers more competitive, as other low-cost suppliers are expected to rush in to fill the gap, industry executives said. Earlier this month, Washington announced steep tariff hikes on an array of Chinese imports including medical goods as part of a broader strategy to fuel domestic production and safeguard against supply shortages seen during the COVID-19 pandemic. But industry executives argue tariffs are unlikely to boost the competitiveness of local producers, as Chinese firms could reroute shipments via overseas supply chains, and suppliers from other countries such as Malaysia could seize this opportunity.
Oil prices rose Tuesday on tensions in the Middle East while stock markets wavered as investors awaited key inflation data later this week. "Risk sentiment has faltered in recent weeks, and global stock markets have experienced a mild sell off as the focus shifts to a plethora of economic data that is released this week," said XTB research director Kathleen Brooks.
Brazil has overtaken Belgium as the largest export market for Chinese new energy vehicles, industry data showed, as Chinese carmakers increase sales to non-European markets amid European Union's anti-subsidy probe into Chinese electric vehicles. Exports of pure electric and plug-in hybrid cars to Brazil soared 13-fold year-on-year to 40,163 units in April, making it the biggest export market for a second straight month, according to data from the China Passenger Car Association (CPCA).
Amidst a landscape where trend-following strategies are demonstrating resilience across various market conditions, investors in Singapore's SGX might consider the stability offered by dividend stocks. These stocks can serve as a strategic component in portfolios, aiming to provide steady income streams even during volatile phases. A good dividend stock typically features robust fundamentals and a consistent payout history, qualities that are particularly appealing in the current environment...
Amid inflation and pandemic-era restrictions, customers at grocery stores are growing increasingly irate — and taking it out on helpless, minimum-wage workers who have little recourse for protection.
Laura told GOBankingRates what mistakes retirees should avoid making so that they don’t end up feeling “out of sorts” in retirement.
The retail veteran has experience at upscale digital sites.
Apple's smartphone shipments in China rose 52% in April from a year ago, extending a rebound seen in March, according to data from a research firm affiliated the Chinese government. The jump follows a weak performance by the U.S. tech giant in the world's biggest smartphone market earlier this year amid intensifying competition in the high-end smartphone category from local rivals like Huawei. Shipments of foreign-branded phones in China increased by 52% in April to 3.495 million units from 2.301 million a year earlier, data from the China Academy of Information and Communications Technology (CAICT) showed on Tuesday.
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Michael Tay, group managing director said that the FY2024 results reflect a cooling-off period in the high-end watch industry.
OPEC+ is working to agree oil production capacity for its member countries by the end of 2024, an issue that has created tensions in the past because each nation's output target is calculated from its notional capacity. Members of OPEC+ - comprising OPEC and allies such as Russia - tend to push for higher capacity to get higher output targets after the percentage cut required by the group is factored in. OPEC+ has been curbing output to support prices.