Artificial intelligence will lead to many companies employing fewer people in the next five years, staffing provider Adecco Group said on Friday, in a new survey highlighting the upheaval AI will bring to the workplace.

AI seen cutting worker numbers, survey by staffing company Adecco shows

Japan's land prices rose at the fastest pace in 33 years in 2023 and returned to the level seen before the coronavirus crisis, a government survey showed, another sign of an improving economic outlook as the nation plots a path out of years of stagnation.

Japan's land prices rise at fastest pace since 1991

Economists have upgraded Singapore's 2024 growth forecast, according to a survey by the country's central bank published on Wednesday, with better-than-expected external growth seen as the top upside driver for the economy.

Economists upgrade Singapore 2024 growth forecast, survey shows

Global investors are at their most bullish in two years this month and no longer expect a recession, as confidence grows in the resilience of the underlying economy, a Bank of America survey showed on Tuesday.

Bullish investors drop recession calls for first time since April 2022

US companies in Hong Kong want the once-freewheeling city to stop talking about national security even as they face growing geopolitical risks, according to the American Chamber of Commerce in Hong Kong.

US firms want Hong Kong to stop talking about national security

Australian business conditions continued to soften in December as manufacturing and construction lost ground, a survey showed on Tuesday, while price pressures eased markedly in a promising sign for slower inflation.

Australia Dec business conditions ease, price pressures cool

A tax raid on Britain’s super rich is unlikely to trigger an exodus, a survey has found, suggesting the next government has more scope to boost revenue.

Tax raid on UK’s richest unlikely to trigger exodus, LSE finds

A perceived decay in the quality of social media platforms will drive 50% of consumers to abandon or significantly limit their social media interactions by 2025, according to Gartner.

Most consumers to limit social media interactions by 2025 — survey

Jamie Dimon has lorded over JPMorgan Chase & Co for more than 17 years, quadrupling the stock price and captivating legions with candid comments and occasional zingers on the economy, regulators and politicians.

Jamie Dimon is boss bankers crave, investor survey shows

Malaysia came in at 73rd spot in a new “stateness” index for 2022 created by researchers in Germany, lagging far behind Singapore which ranked first on the list.

Malaysia ranked 73rd in new 'stateness' index for 2022, lags behind index-topper Singapore 

Up to 51% of Malaysian employees believe their organisations will not survive more than 10 years from now, according to the latest findings in PwC's Global Workforce Hopes and Fears Survey 2023 released on Wednesday (June 21).

PwC: Half of M'sian employees believe their employers will not survive beyond next decade without transformation

The publicity of ChatGPT has prompted executive leaders to increase artificial intelligence (AI) investments, according to respondents of a poll.

In a statement on May 3, consulting firm Gartner Inc said 75% of executives said their organisations are in investigation and exploration mode with generative AI, while 19% are in pilot or production mode.

ChatGPT has prompted increase in AI investment, says Gartner

Nearly half of Americans are anxious about the safety of the money they have in accounts at banks or other financial institutions, according to a latest poll.

Nearly half of Americans worried about their money's safety in banks — Gallup 

KUALA LUMPUR (Feb 28): A majority of women (64%) think they can do their manager’s jobs better than men, versus 47% of men who believe the same (that women can do the job better).

Majority of women think they can do their manager’s job better — CNBC

Take-Two Interactive Software Inc, the company behind the Grand Theft Auto video games, plans to fire 5% its workforce and drop several projects as part of a cost-savings drive.

‘Grand Theft Auto’ maker to fire 5% of staff, drop some projects

Canada will raise capital gains taxes on businesses and wealthy individuals to help pay for tens of billions in new spending aimed at making housing more affordable and improving the lives of young people.

Canada hikes capital gains tax to raise billions for housing

The AI-driven boost in power consumption is going to be big for nuclear energy, according to Joe Dominguez, chief executive officer of Constellation Energy Corp.

AI boom needs nuclear energy, Constellation Energy CEO says

Wall Street see-sawed to a mixed close on Tuesday as rising US Treasury yields and elevated geopolitical worries counteracted a generally positive string of first-quarter corporate results.

US stocks end mixed on rising Treasury yields, Middle East jitters

Wall Street stocks ended lower in choppy trading on Tuesday as Treasury yields climbed, with investors weighing the likely path of interest rates in a resilient US economy with persistent inflation.

Wall Street stocks close lower on higher Treasury yields, rate expectations

Britain condemns the killing of Israeli teenager Binyamin Achimair and is alarmed by the "shocking levels of violence" in the occupied West Bank after his death, the country's foreign office said in a statement on Tuesday.

Britain condemns West Bank killings, calls to 'restore calm'

Paris St Germain's Kylian Mbappe scored twice in the second half to help guide his side to a 4-1 comeback win at 10-man Barcelona in their Champions League quarter-final, second leg to wrap up a 6-4 aggregate victory on Tuesday.

Mbappe scores twice as PSG beat 10-man Barca to reach semi-finals

Borussia Dortmund stormed into the Champions League semi-finals with a rip-roaring 4-2 home win over Atletico Madrid on Tuesday that saw them fight back from a 2-1 defeat in the first leg to win the tie 5-4 on aggregate.

Dortmund down Atletico Madrid in thriller to make Champions League semi-finals

WASHINGTON (April 16): US Treasury Secretary Janet Yellen on Tuesday warned that the US intends to hit Iran with new sanctions in coming days over its unprecedented attack on Israel, and these actions could seek to reduce Iran’s capacity to export oil.

US to hit Iran with new sanctions in ‘coming days’, Yellen says

KUALA LUMPUR (April 16): The Unity Secretariat meeting, held on Tuesday night, discussed preparations to strengthen machinery and the working mechanism of parties within the Unity Government, in preparation for next month’s Kuala Kubu Baharu by-election.

Saifuddin Nasution: Unity Secretariat discussed machinery preps for Kuala Kubu Baharu by-election

KUALA LUMPUR (April 16): Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday:

MyEG, HeiTech Padu, Apex Healthcare, Globetronics Technology, Kossan Rubber, Tomei, GDEX, Serba Dinamik, Alpha IVF and Comfort Gloves

Practice Note 17 (PN17) company Serba Dinamik Holdings Bhd said it had been granted an extension of time until May 15 by Bursa Malaysia to submit its regularisation plan.

Bursa grants Serba Dinamik second extension of time until May 15 to submit regularisation plan

The Ministry of Investment, Trade and Industry (Miti) will draw up a comprehensive semiconductor strategic plan to ensure that Malaysia continues to be the chosen investment destination for this strategic industry, said Prime Minister Datuk Seri Anwar Ibrahim.

Anwar: Miti to draw up comprehensive semiconductor strategic plan

Here’s a quick look at some of the stories that made headlines today.

EVENING 5: Five things you need to know today

Tesla Inc&nbsp;shares extended their decline for 2024, pushing the electric-vehicle (EV) maker’s market valuation below US$500 billion (RM2.40 trillion), as a round of job cuts this week further soured sentiment around the company.&nbsp;

Tesla’s value declines below US$500b as risks pile up

KUALA LUMPUR (April 16): The 14-year-old daughter of Lahad Datu police chief ACP Dzulbaharin Ismail was found dead in a pool of blood, in a room at her home in Taman Tabanak, Lahad Datu on Tuesday.

Teen daughter of Lahad Datu police chief found dead in pool of blood

KUALA LUMPUR (April 16): Newly-listed fertility care company Alpha IVF Group Bhd made a net profit of RM13.59 million for its third quarter ended Feb 29, 2024 (3QFY2024), on a revenue of RM40.7 million.

Alpha IVF makes RM13.6 mil net profit in 3Q, sees rising demand for fertility solutions amid resurgence in medical tourism

KUALA LUMPUR (April 16): Comfort Gloves Bhd said two subsidiaries of the group have commenced legal action over an additional tax demand totalling RM99.3 million by the Inland Revenue Board (IRB).

Comfort Gloves’ units go to court over RM99 mil additional tax demand

KUALA LUMPUR (April 16): Express carrier GDEX Bhd, which has been in the red for the last two financial years, is planning to diversify into the provision of information technology (IT) services and solutions to enhance its revenue stream.

GDEX plans to diversify into IT

KUALA LUMPUR (April 16): Gold jewellery manufacturer Tomei Consolidated Bhd, whose share price hit a record high last week amid rising gold prices, has declared a first and final dividend of four sen per share for the financial year ended Dec 31, 2023 (FY2023).

Tomei declares four sen dividend for 2023, expects 'reasonable profit' for 2024

WASHINGTON (April 16): US Treasury Secretary Janet Yellen on Tuesday warned that the US intends to hit&nbsp;Iran&nbsp;with new sanctions in coming days&nbsp;over its unprecedented attack on Israel, and these actions could seek to reduce&nbsp;Iran’s capacity to export oil.

KUALA LUMPUR (April 16): The Malaysian Investment Development Authority&nbsp;(Mida) has&nbsp;appointed&nbsp;Sikh Shamsul Ibrahim Sikh Abdul Majid as its&nbsp;new chief executive officer (CEO), effective April 18, 2024.&nbsp;

Mida appoints Sikh Shamsul as new CEO

The Kelana Jaya Line Light Rail Transit (LRT) service is operating with a limited number of trains, due to a disruption to&nbsp;the power supply system which was struck by lightning at 3.30pm on Tuesday.

Power supply disruption affects Kelana Jaya Line LRT service

The International Monetary Fund (IMF) inched up its expectations for global economic growth this year, citing strength in the US and some emerging markets, while warning the outlook remains cautious amid persistent inflation and geopolitical risks.&nbsp;

IMF lifts growth forecast for global economy but warns of risks

Policymakers around the world are struggling to confront a surging greenback and lofty US interest rates, according to Mohamed El-Erian.&nbsp;

“Authorities are a little bit frozen around the world as to how do you react to a generalised dollar strengthening?” El-Erian, the president of Queens’ College, Cambridge and a Bloomberg Opinion columnist, told Bloomberg Television&nbsp;on Tuesday. “How do you react to a generalised increase in interest rates in the US?”&nbsp;

El-Erian says world ‘frozen’ by strong dollar, high US rates

KUALA LUMPUR (April 16): The Malaysian Investment Development Authority&nbsp;(Mida) plays&nbsp;an instrumental investment facilitator role in removing obstacles for prospective investors, said&nbsp;Investment, Trade and Industry (Miti)&nbsp;Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

Zafrul: Mida a vital instrument to remove obstacles for prospective investors

The High Court on Tuesday set a three-day trial in January 2026 for the defamation suit filed by former culture, arts, and tourism minister Tan Sri Abdul Kadir Sheikh Fadzir against businessman Datuk Seri Aliff Syukri Kamaruzaman over defamatory statements involving tens of millions of ringgit in investment debts.

Ex-minister's defamation suit against businessman to be heard in January 2026

Wall Street stocks ended lower in choppy trading on Tuesday as Treasury yields climbed, with investors weighing the likely path of interest rates in a resilient US economy with persistent inflation.

Iran’s unprecedented attack on Israel and the prospect of escalating hostilities have threatened to embroil Jordan, a key Western ally and a country regarded by Gulf states as pivotal to their own security.

Iran’s growing conflict with Israel puts US ally Jordan on edge

PUTRAJAYA (April 16): Malaysians in West Asia, namely Iran, Iraq, Jordan and Lebanon, are reminded&nbsp;to continue to be vigilant and adhere to instructions of the local authorities, following the reopening of airspace and the resumption of flight operations in these four countries, said the Malaysia’s Foreign Ministry.

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