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Ex-CEO Howard Schultz suggests Starbucks needs a 'maniacal focus' on U.S. operations and customer experience, including reinventing the mobile ordering platform and overhauling the go-to-market strategy with coffee-forward innovation.
Former CEO Howard Schultz Says Starbucks Needs to Overhaul Its Customer Experience
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Singapore shares advanced at the opening bell on Monday (May 6) morning, tracking gains in global markets.
$FTSE Singapore Straits Time Index(.STI.SG$rose 8.31 points or 0.3 per cent to 3,301.24. Across the broader market, gainers outnumbered losers 94 to 57, after 51.6 million securities worth S$58.5 million changed hands.
$ThaiBev(Y92.SG$ was the most heavily traded counter by volume. The counter gained 1 per cent or S$0.005 to S$0.495, after 3....
$FTSE Singapore Straits Time Index(.STI.SG$rose 8.31 points or 0.3 per cent to 3,301.24. Across the broader market, gainers outnumbered losers 94 to 57, after 51.6 million securities worth S$58.5 million changed hands.
$ThaiBev(Y92.SG$ was the most heavily traded counter by volume. The counter gained 1 per cent or S$0.005 to S$0.495, after 3....
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The ringgit ushered in a big rebound on Friday
The economic data recently released by the US was mixed. Coupled with the recently concluded Federal Open Market Committee (FOMC) meeting, it was revealed between the lines that interest rates would not be raised again, raising investors' expectations that the Federal Reserve would cut interest rates, and the ringgit rose to 4.7327 against the US dollar.
Mohd Afchaniza, chief economist at Muamalat Bank of Malaysia, believes that US Treasury yields have continued to fall since the FOMC met this week, which indicates that expectations of US interest rate cuts are increasing.
He pointed out, $U.S. 2-Year Treasury Notes Yield(US2Y.BD$US two-year Treasury yields fell 9 basis points to 4.87%; while $USD(USDindex.FX$The US dollar index also fell 0.43% to 105.499 points.
He said that the current signs suggest that the ringgit and other emerging currencies are expected to rebound further today.
Regarding US economic data, he pointed out that investors are currently digesting a series of economic data released by the US, while still waiting for non-farm payrolls data and unemployment data before taking further action.
The US manufacturing industry contracted in April, the ISM manufacturing PMI fell below 50 levels to 49.2, job vacancies fell to a new low in 3 years, and the number of people leaving jobs declined, indicating that demand for labor began to slow down.
However, there are still some strong experiences...
The economic data recently released by the US was mixed. Coupled with the recently concluded Federal Open Market Committee (FOMC) meeting, it was revealed between the lines that interest rates would not be raised again, raising investors' expectations that the Federal Reserve would cut interest rates, and the ringgit rose to 4.7327 against the US dollar.
Mohd Afchaniza, chief economist at Muamalat Bank of Malaysia, believes that US Treasury yields have continued to fall since the FOMC met this week, which indicates that expectations of US interest rate cuts are increasing.
He pointed out, $U.S. 2-Year Treasury Notes Yield(US2Y.BD$US two-year Treasury yields fell 9 basis points to 4.87%; while $USD(USDindex.FX$The US dollar index also fell 0.43% to 105.499 points.
He said that the current signs suggest that the ringgit and other emerging currencies are expected to rebound further today.
Regarding US economic data, he pointed out that investors are currently digesting a series of economic data released by the US, while still waiting for non-farm payrolls data and unemployment data before taking further action.
The US manufacturing industry contracted in April, the ISM manufacturing PMI fell below 50 levels to 49.2, job vacancies fell to a new low in 3 years, and the number of people leaving jobs declined, indicating that demand for labor began to slow down.
However, there are still some strong experiences...
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Dear Investors:
$Futu Holdings Ltd(FUTU.US$ expects to release its first quarter 2024 unaudited financial results in late May. Please kindly be informed.
$Futu Holdings Ltd(FUTU.US$ expects to release its first quarter 2024 unaudited financial results in late May. Please kindly be informed.
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$FTSE Straits Mid-Cap Index(.FSTM.SG$ $FTSE Singapore Straits Time Index(.STI.SG$ $FTSE Bursa Malaysia Mid 70 Index(.FBM70.MY$ $FTSE Bursa Malaysia Top 100 Index(.FBM100.MY$
Earthquake today at China/HK markets, trembling is felt across MY and SG markets, more earthquake aftershocks coming!
Earthquake today at China/HK markets, trembling is felt across MY and SG markets, more earthquake aftershocks coming!
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#will Buffetts 2024 insights set
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