(RTTNews) - The Malaysia stock market has moved lower in consecutive trading days, sliding more than 25 points or 1.6 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,585-point plateau although it may stop the bleeding on Friday.
The global forecast for the Asian markets is cautiously optimistic, with technology stocks expected to push markets into the green. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
The KLCI finished sharply lower on Thursday following losses from the financials, telecoms and glove makers, while the plantations were mixed.
For the day, the index sank 21.07 points or 1.31 percent to finish at the daily low of 1,583.68 after peaking at 1,596.55. Volume was 9.532 billion shares worth 4.483 billion ringgit. There were 730 decliners and 462 gainers.
Among the actives, Hong Leong Bank plummeted 5.51 percent, while Sime Darby plunged 4.13 percent, Public Bank tanked 3.57 percent, AMMB Holdings tumbled 2.97 percent, PPB Group skidded 2.74 percent, Malaysia Airports Holdings retreated 2.68 percent, RHB Capital declined 2.51 percent, Hartalega Holdings surrendered 2.22 percent, CIMB Group sank 2.15 percent, Axiata dropped 2.06 percent, Genting shed 1.68 percent, Maybank lost 1.58 percent, Genting Malaysia fell 1.57 percent, Maxis slid 1.56 percent, Kuala Lumpur Kepong advanced 1.03 percent, Top Glove dipped 1.00 percent, Sime Darby Plantations slipped 0.95 percent, IOI Corporation weakened 0.88 percent, IHH Healthcare lost 0.73 percent, Petronas Chemicals added 0.30 percent, Digi.com gained 0.24 percent, Tenaga Nasional eased 0.18 percent, Press Metal was down 0.16 percent and Hong Leong Financial, Dialog Group and MISC were unchanged.
The lead from Wall Street suggests mild upside as stocks opened lower on Thursday but picked up ground as the day progressed and finally ended in positive territory.
The Dow added 44.81 points or 0.15 percent to finish at 29,483.23, while the NASDAQ jumped 103.11 points or 0.87 percent to end at 11,904.71 and the S&P 500 rose 14.08 points or 0.39 percent to close at 3,581.87.
The gains by the NASDAQ reflected expectations that new lockdowns as a result of the recent spike in coronavirus cases will benefit technology companies, as was seen earlier in the pandemic. Data showed 170,161 new coronavirus cases in the U.S. on Wednesday, while daily deaths hit 1,848.
The recent surge in coronavirus cases has led several states to impose new restrictions and lockdowns, possibly leading more Americans to again relying on tech as they work from home.
The markets also got a boost from comments from Senate Minority Leader Chuck Schumer, D-N.Y., saying Senate Majority Leader Mitch McConnell, R-Ken., has agreed to resume negotiations over a new stimulus bill.
In economic news, the Labor Department said jobless claims unexpectedly spiked last week, while the National Association of Realtors said existing home sales jumped more than expected,
Crude oil futures ended lower on Thursday as rising coronavirus cases in the U.S. and Europe and fresh lockdown measures raised concerns for energy demand. West Texas Intermediate Crude oil futures for December ended down $0.08 or 0.2 percent at $41.74 a barrel.
Satya Nadella is the CEO of Microsoft
Stephen Brashear/Getty ImagesMicrosoft operates in 170 countries and is one of the best places to work in 2020, according to the company review site Glassdoor.
But getting a job at Microsoft is more complicated now. The tech giant has paused hiring for some roles and moved its summer internship online.
We spoke to Microsoft's current and former employees, including a former executive staffing leader, to find out ways you can stand out as a candidate right now.
Visit Business Insider's homepage for more stories.
Microsoft's job vacancies and internships may be different during the COVID-19 pandemic, but the path to landing a job there looks much the same, according to current and former employees.
Business Insider spoke to a newbie at the tech giant and former employees in Europe about what a candidate needs to get hired.
While the whole process is now quicker and virtual, recruiters are still looking for the same traits in candidates: Someone confident in telling their original story beyond the CV, and a clear reason for choosing Microsoft over other companies.
The tech giant operates in more than 170 countries, counting more than 144,000 employees worldwide. It is also one of the best places to work for in 2020 both in the UK and the US, according to the company review site Glassdoor.
Microsoft is known for its rigorous hiring process — made up of at least four interviews — testing candidates first on knowledge and then on behavioral traits and culture fit.
Each candidate is screened by recruiters, their potential boss, and the wider team they will work with.
Competition is higher than usual as the economic crisis has left many people jobless, and back in April Microsoft announced pausing hiring for some roles due to uncertainty caused by the coronavirus crisis.
Here's what you need to get hired at Microsoft right now.
Deborah Harding is Microsoft's former executive recruiter leader for Central and Eastern Europe and now EMEA director for recruitment at the software company Pivotal.
Write a succinct one-page CV stating your most relevant experiences — and stand out
Be memorable, said Microsoft's former executive recruiter leader for Central and Eastern Europe Deborah Harding.
"In my team, we were really interested in the short bio at the beginning of the CV," she said. A candidate once wrote in the bio "I get s**t done" proving Harding's team that she was good at executing and delivering tasks.
"I never forget it, someone who actually swears on a CV is a bit like 'wow', but we bought her in straight away because that's what they [Microsoft's recruiters] are looking for: People who are a little bit different, honest, collaborative, creative, and think outside the box," Harding said.
Soft skills are also important.
You can teach someone else to do something, but soft skills are the ones big tech corporations look for — and it's harder to be trained on those, she added.
When it comes to writing to the body of your résumé, include only your most relevant experiences. Don't give lots of detail about previous roles just because you enjoyed them, said Zach Jones, a Microsoft support engineer hired in September. In Jones' case, he got rid of his trucking experience, which didn't demonstrate any of the skills Microsoft sought.
But don't feel discouraged if you haven't got the right qualifications, apply anyway, he said. Recruiters look for passionate candidates who can prove their excitement for the subject. So if you make apps from scratch or build robots in your shed on weekends, write it on your resume.
Jones, for example, started programming while working full-time as a motor transport operator in the US Marine Corps as he wanted to learn how to make games — his true passion. He taught himself how to code and then applied to Coding Dojo, an educational company providing programming boot camps, which proved his passion and devotion for the subject.
"My CV isn't impressive. I don't have a college degree in this [support engineering], and that's okay, that's not necessarily what they [Microsoft's recruiters] are looking for," Jones said.
Microsoft makes resources available online — use them
Charul Pant is an MBA candidate at the London Business School and Microsoft's former project manager
Before applying for a role, understand what Microsoft looks for. On its website, Microsoft has tips on how to best prepare for interviews, with a specific section on how to get ready for a virtual process, as well as a detailed description of its values, which include traits like being customer-obsessed, open-minded, and thinking big.
But don't limit yourself to its website, dig further online. Watch Microsoft's series of developer conferences and take notes, said Charul Pant, former project manager at Microsoft and now an MBA candidate at London Business School.
"They [candidates] will get an understanding of what's going on in Microsoft, what are its future plans, what didn't go well, how they are preparing for COVID, etc…," she said.
She added: "Having a good understanding of Microsoft's product line and the competitors is very important … I would also advise people depending upon how much time they have to prepare for an interview to go deeper and understand how [Microsoft's CEO] Satya Nadella brought through a cultural change in Microsoft."
Review academic studies and technical knowledge specific to your role
Zach Jones is a support engineer at Microsoft
Normally applicants can apply for roles on Microsoft's website with a CV (usually a cover letter isn't required, but former and current employees suggest uploading it anyway), and, depending on the role, they are also advised to upload a portfolio. The next step is a screening in which a recruiter checks that an applicant's profile fits with the role.
Then it gets to the real part: recruiters test candidates on practical knowledge. While interviewing for Microsoft's support engineering role, Jones was asked questions on how to trace information and how it is transferred from front-end to back-end — mostly technical knowledge that he would have required in the job.
For the final round, you'd be interviewed by the hiring manager, who will check culture fit and behavioral traits. A former senior hiring manager who preferred to stay anonymous said candidates were often tested through a written exercise, which required them to answer a question about the sector they were applying for.
For example, in the case of startups the question would have been: How would you identify the best startups in your ecosystem, and why? Do you have recommendations?
"It [the written test] is always a good indicator: Some would have spelling mistakes ... Others would have a perfect match, beyond impeccable presentation, and it gives a lot about how a person operates ... It was a blend of both thinking, curiosity, as well as how do they [candidates] actually present their ideas," the source said.
But the source added: "I don't think there's any rocket science to Microsoft's questions, really, giving your heart and mind during the process would make you stand out."
Prove your interest and curiosity by asking these questions
Don't be afraid to ask questions at the end of the interview, "it just shows that you've genuinely thought about the role and you're curious about it," the same source said.
Ask the interviewer questions such as "How do you define success for this role"; "How do you see us working together as a team"; and if it's a manager you're talking to, ask about their management style, the source said.
Microsoft's Zach Jones said he asked about scenarios his potential team would have faced, and added: "I always recommend asking about [culture] fit, if you don't feel like you belong somewhere, you're gonna have a rough time especially right now when everything is over the computer."
The Academy of Country Music®, dick clark productions, and Wells Fargo announced today 55th Academy of Country Music Awards™ performer Mickey Guyton will appear in a special moment airing during the telecast to help raise awareness around the issue of hunger during the COVID-19 pandemic. Working with Feeding America®, the largest domestic hunger-relief organization in the country, and its network of member food banks, Wells Fargo is turning many of its locations across the country into mobile food distribution centers with the goal of providing 50 million meals* to individuals and families through the Wells Fargo Drive-Up Food Bank program.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200910005293/en/
Country Music star Mickey Guyton will appear in a special moment airing during the 55th Academy of Country Music Awards on September 16 at 8pm ET/PT on CBS to help raise awareness around the issue of hunger during the COVID-19 pandemic. (Photo: Business Wire)
Additionally, Wells Fargo is joining forces with ACM Lifting Lives®, the philanthropic arm of the Academy of Country Music, and donating $100,000 to the ACM Lifting Lives COVID-19 Response Fund. Created in response to the growing need, the fund assists individuals working in the Country Music industry who are suffering a financial crisis as a result of the pandemic. This donation is in addition to the more than $175 million the Wells Fargo Foundation has donated to help address critical community needs such as food assistance, financial health, small business, and housing stability in communities across the United States since the beginning of the pandemic.
"We are delighted to work with Wells Fargo for the 55th ACM Awards show this year and honored to have Mickey Guyton spotlight and raise awareness on the continued efforts of improving communities across the country,” said Lyndsay Cruz, executive director of ACM Lifting Lives. "Wells Fargo has provided countless resources for people to turn to during these challenging times, and their generous donation to the ACM Lifting Lives COVID-19 Response Fund will further assist those still in need in the Country Music industry seeking financial assistance.”
Hosted by reigning ACM® Entertainer of the Year and 15-time ACM Award winner Keith Urban, the 55th ACM Awards®, a Night of Heart and Hits Live from Nashville, Tennessee, will be broadcast on Wednesday, Sept. 16, (live 8:00-11:00 p.m. Eastern time/delayed Pacific time) on the CBS Television Network, and will be available to stream on demand on CBS All Access.
For the first time in the show’s history, the awards will take place in Nashville, broadcasting from three iconic Country Music venues: Grand Ole Opry House, Nashville’s historic Ryman Auditorium, and The Bluebird Cafe. As previously announced, the 55th ACM Awards will also feature performances by Jimmie Allen, Kelsea Ballerini, Gabby Barrett, Kane Brown, Luke Bryan, Eric Church, Luke Combs, Dan + Shay, Florida Georgia Line, Riley Green, Miranda Lambert, Tim McGraw, Maren Morris, Old Dominion and Thomas Rhett featuring Jon Pardi, Blake Shelton featuring Gwen Stefani, Tenille Townes, Carrie Underwood, Morgan Wallen, Trisha Yearwood and more to be announced.
Multimedia assets about the Wells Fargo Drive-Up Food Bank program can be found in the Wells Fargo Newsroom. For more information, visit ACMcountry.com. You can also like Academy of Country Music on Facebook, follow on Twitter at @ACMawards, follow on Instagram at @ACMawards, and sign up for the free ACM A-List for more immediate updates.
*50 million meals calculation is based on 1) Projected number of meals distributed through Wells Fargo Drive-Up Food Bank events and 2) Wells Fargo’s financial contributions to support Feeding America food banks 7/20/20-10/31/20. $1 helps provide at least 10 meals secured by Feeding America on behalf of local member food banks.
About Mickey Guyton
Mickey Guyton was born in Arlington, Texas, and began singing in church at a young age. She was drawn to a variety of artists with big voices including Dolly Parton, Cece Winans, Whitney Houston, and LeAnn Rimes. After signing to Capitol Records Nashville, Mickey’s first appearance was an all-star concert at the White House captured by PBS. In 2015, she released her self-titled EP featuring her debut single, "Better Than You Left Me.” The following year she was nominated for her first Academy of Country Music Award for New Female Vocalist. Mickey returned to the ACM Awards in 2019 performing "I’m Standing With You” from the BREAKTHROUGH movie soundtrack alongside Chrissy Metz, Carrie Underwood, Lauren Alaina, and Maddie & Tae. During the last few years, Mickey has been focused on her songwriting and will release her EP, Bridges, on Sept. 11. Bridges will include "What Are You Gonna Tell Her?”, which Variety called "... exquisitely sung, moving and brilliant,” as well as, "Black Like Me,” a song Mickey cowrote in March 2019 at a cross-genre writing camp. Due to demand, "Black Like Me” was released in June and has been praised by critics and fans alike, with HITS noting the song "nudges America’s conscience with personal truth and gospel fervor.” Her latest single, "Heaven Down Here,” was written in recent months as a plea to God to spare a little love for this world in need. Mickey and her music have been featured recently by The New York Times, CBS This Morning, NPR, Billboard, The Los Angeles Times, Entertainment Weekly, ELLE, Paste, Rolling Stone, The Wall Street Journal, American Songwriter, and Pollstar.
About the Academy of Country Music Awards™
The 55th Academy of Country Music Awards™ is dedicated to honoring and showcasing the biggest names and emerging talent in the Country Music industry. The show is produced for television by dick clark productions and will broadcast live on Wednesday, Sept. 16, 2020, on the CBS Television Network, and will be available to stream live and on-demand on CBS All Access. R.A. Clark, Amy Thurlow, Barry Adelman, Mark Bracco, and Linda Gierahn are executive producers. Damon Whiteside is executive producer for the Academy of Country Music.
About ACM Lifting Lives®
ACM Lifting Lives® is the philanthropic arm of the Academy of Country Music dedicated to improving lives through the power of music. Through partnerships with artists and strong ties in the music industry, ACM Lifting Lives® funds music health programs while also serving members of the music community who face unexpected hardships through its Diane Holcomb Emergency Relief Fund. With generous donations and the support of artists and fans, ACM Lifting Lives® has funded national music therapy programs serving various mental and physical health organizations. Some of the recipients have included patients at children’s hospitals and other healthcare facilities, recovering veterans, people with Williams syndrome, and individuals with mental illness. For more information, please visit www.ACMLiftingLives.org.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.97 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,300 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 31 countries and territories to support customers who conduct business in the global economy. With approximately 266,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 30 on Fortune’s 2020 rankings of America’s largest corporations. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.
Additional information may be found at www.wellsfargo.com | Twitter: @WellsFargo.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200910005293/en/