Manager

• India has replaced Indonesia as the "least-favoured" Asian stock market according to a recent fund managers' survey conducted by Bank of America Corp. • The shift comes as India's stock market ranks among the worst performing in Asia this year, leading many fund managers to maintain underweight positions. • This trend signals growing caution among global investors regarding the Indian market's current valuation and performance trajectory.

• Nvidia and Wall Street asset managers are partnering to mobilize over $500 billion in third-party capital to fund AI infrastructure. • The initiative will provide financing for hyperscalers, frontier AI labs, and enterprises to build data centers and purchase Nvidia hardware. • CEO Jensen Huang argues that because Nvidia's hardware is flexible and broadly adopted, lenders can now treat compute capacity as a revenue-generating asset.

Konstantin Kontis and Vicky Kos were compelled to testify at a coronial inquest resuming on the sixth anniversary of the tragedyGet our breaking news email, free app or daily news podcastQuiet sobs could be heard in Melbourne’s coroner’s court, as several families attended to finally hear from the pair who were the most senior managers when, throughout July and August 2020, almost a quarter of the 188 residents at St Basil’s aged care home died from Covid-19 or neglect.Following multiple failed legal bids to avoid giving evidence after 50 residents died in the Victorian aged care home they managed, Konstantin Kontis and Vicky Kos were compelled to testify at a coronial inquest resuming on the sixth anniversary of the tragedy. Continue reading...

• Mauricio Pochettino has signed a new contract to remain as the manager of the U.S. men's national team, as announced by U.S. Soccer on Monday morning. • Pochettino currently holds a record of 17-12-2 with the squad, having recently led the team to a round-of-16 finish in the World Cup. • The extension provides stability for the national team following a tournament performance that met basic expectations but failed to capitalize on home-field advantage.

Adrian Howe’s family believe that fears his deal would be financially ruinous led him to kill himselfThe family of a former mobile phone store manager who was found drowned days before his new Vodafone franchise was to open its doors is pressing the government to introduce a new franchising law in his name.The call comes a week after Vodafone settled a long-running legal claim filed by 62 of its former franchisees who alleged that the company “unjustly enriched” itself at their expense by up to £85m. Continue reading...

Sausalito city manager Elaine Forbes faces misdemeanor charges for allegedly trying to steal the three-story vesselA Bay Area city manager will face misdemeanor charges for allegedly breaking into a 66ft yacht while drinking and trying to steal the vessel.Elaine Forbes, Sausalito’s city manager, was arrested on the morning of 18 July after police received a call for a noise disturbance. Police say Forbes had “apparently broken into” a three-story yacht, where she was consuming alcohol. Continue reading...

• SBS drama "Manager Kim," starring So Ji-sub, has achieved rapid success both in South Korea and globally. • The series surpassed the 20% viewership mark within four episodes, reaching national ratings of 21.6% and a peak instantaneous rating of 25.1%. • Internationally, the show ranked number one in 20 countries as of July 4, according to FlixPatrol data, maintaining top-two positions across major Asian markets including Japan and Vietnam.