Channel News Asia
중도 성향
기타
"COMPETITIVE" · 총 197건
필터 보기현재 지수
50.3
0 = 부정 우세
50 = 중립
100 = 긍정 우세
최근 7일 기준 81,703건을 분석한 결과, 뉴스 심리지수는 50.2(균형)입니다. 긍정 3,988건(4.9%)·중립 75,788건(92.8%)·부정 1,927건(2.4%)이며, 중립 비중이 뚜렷하게 높습니다. 성향 지수는 종합 14.6(중도 균형)입니다.
Okonkwo also criticised Obi's reported decision to withdraw from coalition discussions within the ADC, claiming that the former Labour Party presidential candidate was unwilling to participate in a competitive primary process. The post 2027: Voting for Peter Obi is a vote for Tinubu – Kenneth Okonkwo appeared first on Vanguard News.
The 79th Cannes Film Festival has wrapped, amid familiar complaints about the lack of Hollywood blockbusters, fewer American stars and a competition lineup that delivered a string of beloved films but no immediate consensus masterpiece. Yet, Thierry Frémaux sees a very different story. In his view, Cannes has never been more competitive, more influential or […]
PM Modi is governing an India that is larger, more interconnected with the global economy, more politically competitive, and more exposed to international developments.
House Democrats‘ campaign arm is expanding its flagship “Red to Blue” program for the third time since its launch, adding four Democratic candidates in competitive districts. The Democratic Congressional Campaign Committee announced Thursday it was adding former prosecutor Marni von Wilpert in California’s 48th District, former NASA chief of staff Bale Dalton in Florida’s 7th […]
Stanbic Bank Kenya has announced an auction of 14 vehicles starting from KSh 720k, offering buyers an opportunity to acquire used vehicles at competitive prices.
KUALA LUMPUR, June 4 — Malaysia's efforts to remain economically competitive while meeting its sustainability...
The Indian rupee is trading around Rs. 95-96 to the dollar in late May 2026, setting fresh record lows. Markets are openly discussing the Rs. 100 threshold. The rupee has weakened in almost every year since 2014 and has lost approximately half its value against the dollar over that period. The end of this currency depreciation is not in sight. The factors that would stop it are not yet visible.The government is acting. State run oil companies have implemented four fuel price hikes in ten days as of May 25, taking petrol in Delhi past Rs. 102 per litre. This is the right and necessary response to the energy cost reality created by the Iran war. Crucially, the Modi government has also done its part on the macroeconomic front, consistently and aggressively reducing the fiscal deficit as a percentage of GDP to maintain structural stability.Yet, the currency pressure persists. The energy price impact has not yet fully reached Indian consumers and supply chains. It is coming.Uday Kotak said it plainly at the CII Annual Business Summit on May 12: "Be ready for tough times rather than waiting for the shock to hit us." He was right.Also read | Manufactured monopoly: How industrial policy is structuring monopolies in IndiaThis is not a time to panic. But it is a time to act. The leaders who move now will have options. Those who wait will not.The Overriding Factor: The Psychology of the PlayersWhy is the currency declining despite strong domestic fiscal discipline? Because exchange rates are not driven by mathematical models alone. The currency decline is highly affected—and accelerated—by the psychology of all players engaged in this endeavor.Currency movements are deeply behavioral. When a currency visualizes a downward trend, psychology shifts from calculation to self-protection and speculation. Every player in the ecosystem operates under this psychological weight:Corporate CFOs and Treasurers: Instead of hedging normally, they rush to cover future dollar liabilities early, hoarding hard currency and inadvertently worsening the scarcity.Foreign Investors: They begin to judge their returns not by the quality of Indian business operations, but by the eroding value of the conversion rate.Importers and Exporters: Importers advance their payments to avoid paying more tomorrow; exporters delay converting their dollar earnings back into rupees, waiting for a "better" rate. This collective psychology creates a self-fulfilling prophecy.Investors, CFOs, and FDI decision makers extrapolate what is happening now into the future. When they see a currency that has lost approximately half its value since 2014 with no clear floor in sight, their psychological pivot alters market realities.Also read | India tightens checks on overseas flows as currency pressure mounts, sources sayThe cascading timeline of Foreign Portfolio Investor (FPI) equity behavior perfectly mirrors this psychological shift from rational evaluation to systemic risk aversion:2024 (The Calculation Phase): Rupee averages Rs. 83-84. FPI flows remain positive (+$12 billion) as investors trade on strong domestic corporate earnings.2025 (The Self-Protection Phase): Rupee slides past Rs. 89. Collective psychology shifts to risk mitigation. FPIs withdraw a record $18.4 billion from Indian equities—the largest annual equity outflow on record.Early 2026 (The Capitulation Phase): Rupee breaks past Rs. 95. Sentiment turns into an outright exit strategy. In the first four months of 2026 alone, outflows have already reached $19.1 billion, completely bypassing the entire previous year's record loss in a fraction of the time.FDI agreements are being signed, but capital is delayed because players are psychologically hesitant to deploy funds into a depreciating asset.The Trap of Hard Currency Debt: A Broken Business Model There is a highly significant and dangerous phenomenon unfolding in India today that requires immediate exposure. For years, a specific class of Indian corporates adopted a regular strategy of borrowing heavily in hard currency (External Commercial Borrowings, or ECBs). Lured by low nominal global interest rates, several of these companies over borrowed, treating cheap dollar debt as a permanent structural advantage.Today, that strategy has become a trap. The compounding effect of a depreciating rupee, skyrocketing hedging costs, and brutal refinancing realities is fundamentally breaking their business models.Consider the mechanics of this crisis:The Hedging Penalty: Leaving dollar debt unhedged is now corporate roulette. However, buying hedges at current rupee levels has become structurally prohibitive. The cost of protection completely wipes out any interest rate advantage.The Refinancing Wall: Billions in foreign debt are coming due. These over-borrowed companies must now refinance their liabilities at a time when the rupee value has materially deteriorated. They are effectively forced to borrow far more rupees just to pay back the same amount of original dollars.The Crushing Cost of Rupee Capital: As these companies try to pivot back to domestic lenders, they face a severe escalation in their rupee cost of capital.The Growth Verdict: When your cost of capital spikes and your cash flows are consumed by servicing legacy dollar debt, future growth stops. Capital expenditure (CapEx) plans are being frozen. These companies can no longer invest in innovation, capacity, or market expansion. Their business model shifts overnight from aggressive value creation to basic survival. Boards must realize that this is not a temporary treasury headache; it is a structural threat to the company’s future viability.India's forex reserves stand at approximately 10 to 11 months of import cover. Substantial, but being actively deployed to defend the currency. Some imports are non-negotiable: oil, critical inputs, components. These will now cost more. That cost passes through every supply chain.Six Actions for Business Leaders1. Protect your cash and liquidity first. This is the most immediate priority. Map your cash position today. Identify every source of liquidity across the next twelve months. Stress-test it at Rs. 100 and beyond. Which receivables are at risk? Which credit lines are rupee-denominated and which are not? Companies that run into a cash crisis during a currency depreciation cycle lose their options entirely. The CFO must own this analysis and present it to the board within days, not weeks.2. Act now on your foreign currency borrowings, hedging, and refinancing. Do not assume the rupee will recover to Rs. 80. Analyse your full foreign currency exposure across the next three years: every loan, every refinancing date, every hedging contract, every procurement price denominated in foreign currency. Hard currency loans now face refinancing at rupee values that have materially deteriorated. Model every scenario at Rs. 100 and beyond. Your CFO, treasury, and procurement team must be aligned on one instruction: do not run into a liquidity crisis. This analysis must happen now, not at the next quarterly review.3. Build a war room. Most companies have begun thinking about war rooms for supply chain disruptions. Expand the mandate. Currency exposure belongs in the same room. Which of your costs are dollar or euro denominated? Which of your revenues are rupee denominated? Where is the mismatch? What is your break-even exchange rate? If you do not have clear answers today, you are exposed. The war room is not a committee. It is a real-time decision environment with live data, a clear owner, and the authority to act.4. Use the currency depreciation advantage: double your export salesforce. A weaker rupee makes Indian exports more competitive. This window will not stay open indefinitely. Double the salesforce in your export markets now. Use this period to upgrade quality, improve service delivery, and build customer relationships that will last beyond the currency advantage. Indian exporters who invest in capability during this period will emerge stronger regardless of what the rupee does next. Those who simply ride the price advantage without building the underlying business will lose when conditions change.5. Watch your stock and your sector. Banks and financial institutions should already be on high alert. Companies with large foreign currency exposure will see pressure on their financials. Some stock prices are already reflecting this. Go through your sector company by company. Identify who is most exposed. If you are an investor or a lender, this analysis is not optional. The combination of currency depreciation, rising oil prices, and FPI outflows creates a compounding pressure that will surface in earnings before it surfaces in headlines.6. Cut costs aggressively. AI will help. There has never been more urgency to reduce costs than now. And there has never been a better tool to do it. AI can cut most operational costs by as much as 30% across functions: procurement, finance, customer service, logistics, and compliance. McKinsey data confirms companies adopting AI and automation reduce operational costs by 20 to 30 percent. This is not a future opportunity. It is a present imperative. Every rupee of cost removed through AI is a rupee that does not need to be recovered through revenue in a deteriorating currency environment. Start now with your highest-cost functions.The CFO as CaptainCurrency risk is a cash flow risk. Every function that touches foreign currency—procurement, treasury, sales, capex planning— must now report into a single coordinating authority. That authority is the CFO. This is not about hierarchy. It is about clarity. In a currency crisis, fragmented decision-making is as dangerous as wrong decision making. One captain. One consolidated view. Weekly reviews minimum.The Bigger PictureThis currency depreciation is a structural signal, not a cyclical one. India's economy must move from a cheap labour advantage to genuine global value creation.The companies that will survive and thrive are those building products and services that command premium prices in global markets. The rupee's weakness is a reminder that competing on cost alone has limits.The recently concluded trade agreements are a genuine opportunity. Execute them with full force. Build the export pipelines. Add the sales capacity.The businesses that move now, with discipline and clarity, will manage market psychology, navigate the debt trap, and define the next chapter of Indian industry.The shock is coming. Prepare before it arrives.Ram Charan is the author of China’s 90% model. It is restricting India’s industrial progress. Former Director of Hindalco and Muyuan (China).
All of Hong Kong's more than 170,000 civil servants should get a pay rise of 4.12 percent this year, a union representative said on Thursday. A survey of private sector salary increases recently pointed to such a rise for senior government workers, with its figure for middle-ranking staff coming in at 2.64 percent and that for more junior employees at 1.17 percent. But Tsoi Koon-lung, president of the Hong Kong Chinese Civil Servants’ Association, said an across the board pay rise would avoid widening the salary gap between different ranks. “We can see that the salary difference between senior and junior staff has already reached more than HK$100,000,” Tsoi told reporters following a meeting with Civil Service Secretary Ingrid Yeung. “Giving everyone the same percentage increase would ensure that the pay gap between senior and junior civil servants would not be significantly impacted.” Tsoi also described the civil service as "outstanding", saying this is demonstrated by government efficiency in the SAR consistently ranking in the top three in the World Competitiveness Yearbook published by the International Institute for Management Development. He said Yeung will pass the association's suggestion to Chief Executive John Lee and the Executive Council. When setting salary levels, the government also considers its fiscal position, the state of the economy, cost-of-living changes, staff pay claims and civil service morale. Last year, the government froze salaries. Edited by Thomas McAlinden
At the Millennium Centre in Caherconlish, Co Limerick, the focus is not on disability but on the speed, skill and determination that define a fiercely competitive sport.
At the Millennium Centre in Caherconlish, Co Limerick, the focus is not on disability but on the speed, skill and determination that define a fiercely competitive sport.
The bill aims to boost economic growth and enhance global competitiveness at a time when the country is facing pressure from high global oil prices.
• Govt and mining company conducting formal review of procurement plans for project • Minister hints at gas tariff relief for domestic consumers from July 1 ISLAMABAD: Pakistan and Barrick Mining Corporation are working on upgrading the security requirements of the multi-billion dollar Reko Diq Copper-Gold Project in view of the prevailing situation, resulting in increased security costs. A team of Barrick Gold is currently in Pakistan to discuss security upgrades, confirmed Ahmad Hayat Lak, chief executive officer of the Oil and Gas Development Company Limited (OGDCL), one of the key Reko Diq partners. He told journalists that the Reko Diq project agreement had provisions for security arrangements and that the partners were discussing possible upgrades. He said both sides were conducting a formal review of security arrangements and procurement plans for the project. Lak added that the review, as required under the agreement, would suggest whether security upgrades and additional funding were needed, while stressing that Pakistan, as the host country, bore sole responsibility for protecting the site. He said lenders had expressed confidence in existing security protocols during a recent meeting in Canada, having completed their own due diligence before committing funds. New financiers are also showing strong interest in joining the venture, he added. Petroleum Minister Ali Pervaiz Malik said Barrick Executive Chairman John L. Thornton had recently led a high-level delegation to Islamabad to discuss the security situation and procurement strategy with the government. He said it was reassuring that Barrick, one of the world’s leading mining firms, remained committed to the project despite global and local challenges. The delegation also reportedly explored the acquisition of advanced heavy-duty equipment through competitive bidding and the expansion of the project’s lending and credit structures. ‘Relief in gas tariff’ The minister hinted at relief in gas tariffs for domestic consumers in the upcoming pricing review from July 1, instead of an increase demanded by gas companies.“You will hear good news” on gas prices, he said. He said the government had already decided to charge Rs2,000 per million British thermal units (mmBtu) for gas supplied to power generation, instead of Rs3,500 per mmBtu in the case of LNG, and that a formal summary would be moved for implementation shortly. A summary would be sent to the federal cabinet to align the pricing of this gas with local rates and shield consumers from higher costs, he added. The minister said local gas production had been increased by 400 million cubic feet per day in response to supply disruptions and that proposals had been prepared to address the chronic circular debt problem in the gas sector. Petroleum Secretary Hamed Yaqoob Sheikh said the division was optimistic about receiving a positive response from the International Monetary Fund (IMF) regarding concessions aimed at facilitating the upgradation of local oil refineries. He said the minister had made a strong case before the IMF and emphasised that failure to modernise refineries would not be in the country’s interest. Published in Dawn, June 4th, 2026
Mumbai: Major brokers are preparing to roll out algorithmic tools for retail traders over the next few months, amid greater regulatory clarity on retail participation in such trading practices.The move is set to not only help brokers expand revenue streams by charging fees to access the trading algorithms (algos), but also help fintech firms scale up by distributing their algo strategies across multiple platforms. Retail clients may be able to access such strategies for as little as ₹5,000 per strategy.Algorithmic or algo strategies use computer programs or pre-set formulas to execute trades when certain conditions like price, volume or technical patterns are met.Sebi's revised framework for safer participation of retail investors in algorithmic trading has been fully implemented since April 2026. It stipulates that brokers must obtain exchange approval for each algo, tag all orders for audit trails, monitor application programming interface (APIs), and handle investor grievances. In addition, exchanges must supervise algo trading through testing and surveillance. Given the regulatory clarity, many brokers have now rushed to provide services.Large traditional brokers such as HDFC Securities and Motilal Oswal Financial Services already provide algos to clients. Other brokers are in the process of launching such services. Raise Securities, which owns Dhan trading platform, recently acquired the algo-provider startup Stratzy. Angel One, Upstox, SBI Securities, Kotak Securities, IIFL Capital Services and 5paisa are also preparing to offer these services to clients. Groww is also in conversation with algo platforms to onboard some strategies. Email sent to Groww did not elicit a response until press time."While algo trading has been around for some time using APIs provided by brokers, we expect higher adoption by retail customers in the long term," said Gaurav Seth, managing director and chief executive officer at 5paisa Capital.The algo strategies are expected to attract retail derivatives traders. Currently, 12 algo providers or vendors are registered with the NSE.According to Mohit Bhandari, cofounder and chief executive of Stratzy, an algo strategy provider, most retail traders either do naked derivatives trading, or have to create trading strategies using multiple futures and options to hedge their risk, which is difficult to track. "Algo trading provides convenience through automation. It also becomes much easier to deploy sophisticated strategies," Bhandari said.Brokers eye algos offerings"The algorithmic trading landscape is becoming increasingly competitive. We anticipate a significant shift in trading volumes toward algorithmic strategies over the next two years," said Puneet Maheshwari, director at Upstox.
Primary voters in New Jersey on Tuesday finalized the race for one of the nation's most competitive seats, and one of the most unusual, because the incumbent Republican Rep. Tom Kean Jr. has not been seen on the campaign trail or Capitol Hill for months. His absence brings broader questions for Congress. Lisa Desjardins reports.
The state will have its first competitive races in years.
[allAfrica] In my earlier piece in February, Beyond Preferences and Rhetoric: What Africa's 2025 Integration Moment Really Demanded I argued that Africa's long-term competitiveness would not be secured by waiting on external trade preferences, but by taking integration seriously as an economic project. I called for political will, industrial strategy, and a human-centred approach to the continental vision. I did not expect to be writing a follow-up so soon. But the events of April and May 2026 in South Africa
Alfie Williams, the British teenage actor who enjoyed a major breakout last year thanks to his lead role in “28 Years Later,” has landed U.S. representation. Following what it described as a “highly competitive situation involving all major agencies,” Gersh has now signed the 15-year-old for representation in all areas. Williams became one of the […]
Bank warns higher energy costs are reigniting inflation, weakening industrial competitiveness and straining already fragile public finances
Democrats picked their candidates for two competitive House districts on Tuesday that will be vital to the party’s efforts to flip control of the chamber this November. Democrats nominated former state Rep. Christina Bohannan to run against GOP Rep. Mariannette Miller-Meeks in Iowa’s first congressional district. Bohannan has taught at the University of Iowa College […]