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Negative bias persists under US yield pressure – MUFG

MUFG’s Lloyd Chan reports broad Asia FX weakness versus the Dollar, with the Thai Baht underperforming. The Bank of Thailand has kept its policy rate at 1% as growth remains low and uneven and credit conditions soft. MUFG maintains a near-term negative bias on the Baht, citing Thailand’s low yield…

The quality PepsiCo’s APAC CEO looks for in entry-level hires

As AI rapidly transforms the workplace, many employers are rethinking the qualities they prioritize in candidates.Anne Tse, CEO of Asia Pacific Foods at PepsiCo, said the food and drinks company, which owns brands like Poppi and Lay’s, is increasingly scanning for curiosity, especially in entry-level applicants. It’s also looking for those who show adaptability and learning agility, as AI and new technologies rapidly reshape work.”It’s all about the aptitude, the speed, the agility to learn,”…

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A New York primary winner has a defiant message for OpenAI and Anthropic

The new Democratic nominee for a congressional seat in Manhattan had a strong message for the AI industry on Tuesday night.After defeating a crowded field of eight candidates in New York’s 12th congressional district, Micah Lasher, who won by 39.1%, took aim at the tech giants and their allies who spent…

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