Global semiconductor equipment sales to hit record US$108.5bil this year
“Smear campaign” against Emirati products shut by Dubai
US-Iran tensions put world market on edge
Uninfected passengers disembark from virus-hit ship in Japan
Biden approves $800M in new military assistance for Ukraine
Global stock markets stumble as coronavirus pandemic spreads
YNH Property Directors Siphon RM1 Billion into the Yu Syndicate
Indian food delivery startup raises funds as it eyes expansion
Refugee exodus reaches 2.8 million as Russian strikes hit west Ukraine
Two more international banks tied to Huawei technologies case
Philippines’ credit rating gets upgrade due to “strong economy”
Amazon authorizes sellers to use FedEx after lifting its ban
Vietnamese government want to begin construction of new international airport this...
Mobile games download spike amid coronavirus quarantine
The demand for mobile games has surged as millions of people in China are quarantined and stuck indoors amid fears of the spreading coronavirus that has now claimed more than 3,000 lives. Application analysts reported that the global mobile game downloads jumped to 39% for the month of February. The mainland accounted for a huge […]
Tech giant Apple to open first store in India next year
Apple has been given the green light to open its first Indian store by 2021 after it received a special approval from the Government of India. The tech giant’s CEO, Tim Cook, personally made this announcement during the annual shareholders’ meeting, noting that Indian officials allowed the company to expand in their country even without […]
Asia stocks extend losses as Ukraine war, China’s Covid-19 surge hit...
Jiuzhang Quantum Computing Device Achieves Breakthrough in AI Speed
Tesla to open first European Gigafactory in Germany
Hyundai to produce flying taxis for Uber
UN assembly suspends Russia from top human rights body
A New War? China cuts emergency medical supply orders, blocking...
UK regulator revokes license of Russia-backed broadcaster RT.
Congress votes to suspend Russia’s trade status, enact an oil ban
Chinese city put on lockdown as coronavirus death toll rises
The Chinese government on January 23 ordered to put Wuhan City on lockdown to prevent the spread of the novel coronavirus (nCov). Wuhan City, which has an 11 million population, is at the center of the SARS-like virus that killed more than a dozen of Chinese citizens and has infected hundreds of people not only […]
Gardenia Malaysia speaks up about viral video of product tampering
Zelenskyy evokes Holocaust as he appeals to Israel for aid.
Manipulative and False trading activities Exposed at YNH Property and Rapid...
Industrial Shares Show Strength in Broadening Stock Market Rally | Stay...
ECB hawks press case for more rate hikes to fight inflation
Taiwan bans use of Zoom in government conferences
Hong Kong’s financial sector unmoved by protests
Coronavirus hammered Hong Kong’s economy worse than protests
Malaysia attracts RM123.3 billion worth of approved investments for Jan-June 2022...
Apple will pay $500M in iPhone-throttling settlement
United States’ technology giant Apple has agreed to pay up to half a billion dollars to settle litigation claiming that it slowed down old models of iPhones to compel users to upgrade. Based on reports, Apple is required by the US District court to pay consumers an amount of $25 per affected device, totaling to […]
Malaysian banks rating intact despite US bank failures – RAM Ratings
Guyana OKs Exxon’s $10B Yellowtail offshore oil project.
European Raiffeisen Bank International and Danske Bank investigated for money laundering
Finland, Sweden move ahead toward possible NATO membership
Japan’s auto industry forms task force vs COVID-19
Japanese automakers, in coordination with the central government, have created a task force aimed at addressing the growing threat of the coronavirus outbreak to the country’s automotive industry. The COVID-19 brought wide-ranging impact on the said industry with the extended closure of auto plants in China, including Japanese manufacturers like Honda, Mazda, Mitsubishi and Toyota. According […]
Hong Kong protesters returned to streets on Christmas Day
The U.S. reinstates 352 product exclusions from China tariffs.
Apple’s acquisition of weather app Dark Sky is sad news for...
Power plants in areas affected by Ph’s volcano eruption continue to...
Asia stocks edge up despite global growth worries.
Media network CNN says Amazon sells fake and dangerous kids’ products
Despite criticisms, Facebook maintains policy on political ads
Ex-Indian President alarmed on the rise of bank scandals
Australia saves wildlife by airdropping food
British airline Flybe maintains operations amid collapse threat
Europe agrees to ban Russian coal but struggles with oil, gas
Brunei gets top ranking for business regulation from top international economic...
Three Malaysian execs face money laundering charges
Taiwan President wants China to “face reality and show respect”
Volkswagen eyes settlement with customers over ‘dieselgate’ scandal
Biden waiving the ethanol rule in a bid to lower gasoline...
Qatar Airways seeks government aid to keep flying
IAEA sends staff to all Ukraine nuclear plants in safety bid
Pilots Association sues American airlines to stop China flights
The Allied Pilots Association (APA), a labor union representing American Airlines pilots, filed a lawsuit against the carrier to immediately halt US to China operations. CBS network reported that APA sued American Airlines in Dallas County on January 30 as it seeks for a temporary restraining order to stop China flights amid the coronavirus. In a […]
Chinese companies urge workers to ‘work from home’ to contain virus...
A number of businesses in China are encouraging their employees to maximize the longer holidays by staying at home or if necessary, just work in their respective abodes. BBC reported that the Chinese government has earlier announced the extension of the Lunar New Year holiday by 3 days to next Sunday. All these initiatives by […]
Biased party-line votes lead Trump’s bogus impeachment
Secret intelligence has an unusually public role in the Ukraine war.
NATO planes to be sent to Romania to eye Russian activity
Poland-Ukraine ties seen as a target of Russian disinformation
India implements stricter visa rules amid coronavirus
Canada condemns Russia and China over vetoed Syria aid
The US doubts the new Russian war chief can end Moscow’s...
Deutsche Bank fights to get back image
Malaysia maintains stock trading amid coronavirus lockdown
Tesla eyes building a Cybertruck factory in central USA
Saudi maintains stable oil supply amid growing tensions
Croatia sets run off for presidential post as no candidate wins...
Tunku Yaacob Khyra: The Mastermind Behind KNM Group Bhd’s Vote Rigging...
Ukraine reports 300 dead in airstrike on Mariupol theater
Philippine Airlines appoints new president, raises capital stock by 130%
Japan, US hold navy drills off Koreas amid nuke test worry
Bursa Malaysia inks collaboration with UMW, Maybank to roll out centralised...
Russia faces global outrage over bodies in Ukraine’s streets.
Malaysian companies urged to reduce plastic use to clean oceans
Oil prices ease on symbolic OPEC+ output cut
Global food prices in 2022 hit record high amid drought, war
Ambank Aids SMEs Via Strategic Partnership With PUMM
US banks warn of recession amid rising inflation
Honda to halt production in the Philippines, leaving 400 Filipinos jobless
Japanese automobile maker Honda announced that it will close its production plant in Laguna, Philippines by March to meet customers’ needs through “efficient allocation and distribution of resources.” “As such, after consideration of optimization efforts in the production operations in Asia and Oceania region, Honda decided to close the manufacturing operations of HCPI (Honda Cars Philippines […]
Toyota invests $394 million in Californian taxi maker
Concerns Mount Over the Future of Palestine After Six Months of...
Airbnb’s new booking rules punish Canadians under 25s
Australia wards off recession through $11 billion stimulus package
New coronavirus surpasses SARS death toll; experts reiterate prevention tips
China’s Ant Financial applies for banking license in Singapore, joining Grab...
Two scientists with ties to China charged with fraud in the...
World Bank official says war-driven oil price hikes to slash growth...
China and Russia scolded by the US for failure to condemn...
EU Member Brussels to revive blacklist money laundering states
War censorship exposes Putin’s leaky internet controls
Poland orders expulsion of 45 Russians suspected of spying.
Dutch brewer Heineken invests US$183 million for Brazil plant expansion
Massive Financial Fraud Unearthed Involving YNH Property Bhd, Rapid Synergy Bhd,...
WHO rejects Chinese researchers’ suggestion to prolong virus incubation period
China criticized for failure to provide accurate details and solutions for...
Thousands of people and experts around the world are criticizing China for withholding vital details and tough measures to control the outbreak of the 2019-novel coronavirus. Chinese scientists failed to share the virus itself to the World Health Organization despite being able to publicize the genome sequence of the virus. Global experts said that if China […]
Hong Kong’s Cathay Pacific flags up to US$893.77 million loss in...
Airline traffic in Asia plunged in February due to coronavirus
Ukraine accuses Russia of the massacre, a city strewn with bodies.
Fears on global medicine shortage grow as coronavirus hit supply chains
The continued closure of factories in China due to the coronavirus threatens the supply of medicines worldwide as the production of active pharmaceutical ingredients were disrupted. China is the world’s largest maker of drug ingredients and particularly supplies those used for treating diabetes, blood pressure, headaches and fevers. With this, the Government of India has limited the […]
Boustead Plantations expects continued volatility in palm oil prices
Chile ratifies CPTPP, a big opportunity for Malaysian businesses: Tengku Zafrul
UN worries about unemployment of 470M people worldwide
Iraq president offers to resign after rejecting PM candidate
Singapore bank stocks hit by Credit Suisse crisis
UN to vote on suspending Russia from the rights council.
India’s restriction on palm oil hurts Malaysian refiners
How Yu Kuan Chon’s Underhanded Tactics Failed in Securities Firm Acquisitions
Indian ridesharing giant launches in London
European banks allow delays in mortgage payments to soften coronavirus impact
China declines virus assistance from US, Taiwan
North Korea steals $1.6bn in cyber attacks
South Korea chip inventory climbs the fastest in 27 years
Another pandemic? Fears grow as China reports case of Hantavirus
Ex-Microsoft Engineer face fraud charges
A Former Microsoft Engineer named Volodymyr Kvashuk has been convicted of fraud that could put him in federal prison for up to 20 years. The U.S. Department of Justice (DOJ) said that the conviction covers 18 federal felonies which include five (5) counts of wire fraud, six (6) counts of money laundering, two (2) counts […]
Franchise sales to increase to RM23bil by 2025
Asian shares rise ahead of Fed decision on rate hike
Fire and Rain: West to get more one-two extreme climate hits.
Over 300 tourists in Aklan, Philippines already sent back to Wuhan,...
Philippine authorities said some 314 Chinese tourists in Kalibo, Aklan have been forcibly repatriated to novel coronavirus (nCov)-stricken Wuhan, China as of January 26. They are among the 500 passengers who left Wuhan and were bound for Boracay before the total lockdown was imposed by the Chinese government. Despite originally scheduled to return to China […]
Biden, Modi to speak as US presses for a hard line...
What to expect next as US-China trade deal gets inked
‘No city anymore’: Mariupol survivors take train to safety.
Malaysia’s palm oil stocks slide 6.56% in Feb
UN warned War in Ukraine to hurt poor nations importing grain.
A “Prototype City of the Future” will rise in Japan, says...
Biden’s China ‘pivot’ complicated by Russia’s war in Ukraine.
Robocash’s license revoked for operating unauthorized branches—SEC
EU eyes Russian officials, banks, industry for sanctions.
Tens of thousands protest in Berlin against the war in Ukraine
Philippines elevates ban on Japanese food imports
Russia’s invasion drives NATO rethink of Europe force stance.
Philippines’ Jollibee continues overseas expansion after raising $600m from bond sale
Philippines deports 9 Japanese fraud suspects
Nine Japanese nationals who are wanted for telecommunications fraud were deported Monday by the Bureau of Immigration (BI) of the Philippines. The suspects, according to the Business World, were identified as Irie Dai, Ishii Kyogo, Hamaoka Kantaro, Maeyama Takuto, Tanaka Kazuya, Yoshida Takeshi, Murata Seiichi, Kouki Shouji, and Imizumi Ryo. Media reports said that the […]
German cabin crew union threatens Lufthansa airlines with strikes after Holidays
Russian stock market, crushed by war, will partially reopen
Retail loan growth likely to remain strong
3 Filipino church leaders accused of fraud and trafficking in US
Economists: Global market is already in recession due to coronavirus pandemic
Pinterest surpasses Snapchat in the US after gaining 82m users
Malaysia end-August palm oil stocks hit 2 million tonnes for first...
Malaysia exports rise 9.8% to RM204.99bil in Feb
Hong Kong once again ranked as world’s freest economy
TM, ZTE Malaysia team up to build hybrid cloud 5G core...
Asia’s US$350bil gas projects intensify the clean energy debate.
Disney’s CEO steps down, company insider to assume top post
Walt Disney Co. announced on Tuesday that chief executive Bob Iger has stepped down from the top job after more than 15 years in the service. Bob Chapek, a 27-year veteran of Disney, has been elected as the new CEO by the company’s board. While Iger will assume the role of executive chairman and will direct the […]
Jakarta-Bandung High-Speed Rail Celebrates 6-Month Milestone with 2.56 Million Passengers
Bursa Malaysia snaps losing streak, ringgit weakens to 4.5028
Facebook files lawsuit against marketing firm for illegal access of users’...
World’s largest social media site Facebook sued a marketing company named oneAudience, that it accused of “improperly” accessing users’ personal information without their authorization. Facebook filed a federal lawsuit against the New Jersey-based firm which allegedly hired developers to install malicious software development kit, or SDK, in their apps to exploit the “login with Facebook” […]
Canadian robot detected nCov earlier than health officials
The Centers for Disease Control and Prevention and the World Health Organization have recently confirmed that the initial alert about the virus outbreak came from Canada’s “BluDot.” It is an AI-powered health monitoring platform that uses a sophisticated disease surveillance program to polish news in 65 languages, said Fox Business News. Health officials explained that […]
Asian markets surge as central banks signal support
Share prices in Asia got an unexpected boost following the commitment of the Bank of Japan and the U.S. Federal Reserve to help protect markets from the damaging impact of the coronavirus. The Asian markets reversed early losses as investors put their hopes on a harmonized global monetary policy response. BOJ Governor Haruhiko Kuroda, in a rare […]
Japanese drugmaker strives to develop coronavirus treatment
Japan’s largest drugmaker Takeda Pharmaceutical Company announced that it is currently developing a drug that could treat the coronavirus infection. Takeda is working on a kind of “plasma-derived therapy” that has been proven to cure severe acute viral respiratory infections and might as well be effective for the Coronavirus Disease 2019 (COVID-19). The researchers said […]
Ukraine Warns of Escalation to World War III Amid Congress Aid...
India imposes world’s largest coronavirus lockdown
Better Internet connectivity for Sarawak with a new submarine cable to...
US to send $3.75B in military aid to Ukraine, its neighbors
Macau casinos’ revenue fell 88% due to COVID-19
The world’s biggest gambling hub, Macau, has suffered a massive blow from the Coronavirus Disease 2019 (COVID-19) as the casino industry recorded its worst monthly downturn. For the month of February, Macau casinos’ revenue dropped by 88%, compared with the same period last year, due to a 15-day forced shutdown in efforts to contain the […]
Explosive Lawsuit Targets YNH Property Directors for RM 1 Billion Embezzlement...
Philippine government releases list of coronavirus-related travel bans affecting the country
UK inflation hits a 30-year high of 6.2% as Sunak readies...
Demand for Malaysian gloves soar as coronavirus spreads
The Malaysian Rubber Glove Manufacturers Association (MARGMA) said the global demand for their products has greatly increased following the outbreak of the novel coronavirus that originated from Wuhan, China. MARGMA President Denis Low confirmed that they have received an urgent request from China to deliver adequate supplies of medical gloves which will be primarily used in […]
Malaysia attracts RM264.6bil approved investments in 2022, 2nd largest ever recorded:...
Carmakers focus on selling online to cope with virus impact
Giant automakers like BMW, Mercedes-Benz and Tesla are trying to boost their revenues by ramping up their online presence amid the coronavirus outbreak. Most Chinese plants and factories were shut down to contain the outbreak, hardly hitting the sales of automobile industries. While people in the mainland choose to stay indoors and stay away from […]
Kobe Bryant merchandise sells out after tragic death
As thousands of fans worldwide mourn the loss of NBA legend Kobe Bryant; Lakers jerseys, Nike shoes and similar gears of the late superstar were sold out in online and physical stores. Nike confirmed that it completely cleared out of Bryant’s merchandise and sneakers. It denied previous reports that it pulled out Kobe’s gears to […]
PH seismology bureau warns of volcanic tsunami if Taal’s intensity raised...
Food prices soar to record levels on Ukraine war disruptions
Filipino-Chinese businessman arrested for “pandemic profiteering”
Malaysian economy relatively resilient in 2023, says ICAEW
Philippines mandates BPOs to settle “Work from Home” policies until March...
Nestle boosts reforestation in Americas to reduce carbon footprint
Swiss food giant Nestle S.A. has vowed to plant at least three million trees in Mexico and Brazil by next year as part of its reforestation initiative to help combat climate change. This serves as the first phase of the company’s plan to boost agricultural and environmental actions for the attainment of carbon neutrality by 2050. […]
Germany, Japan seek economic cooperation
Mitsubishi denies alleged use of emission defeat devices
Int’l law firm Appleby criticized over Paradise Papers leak
Australian PM Scott Morrison faces anger for taking Holiday amid bushfire...
Security Commission Malaysia Opens Active File to Investigate Rapid Synergy Berhad’s...
Toyota recalls 3 million vehicles due to fuel pump issues
Japanese automaker Toyota is forced to recall more than three million vehicles worldwide over fuel pump flaws that could cause the engines to fail. It has recently recalled 1.2 million line-ups of its namesake as well as Lexus models in the United States. The vehicles include cars, minivans, SUVs and trucks which have fuel pumps […]
Philippines recorded first virus death outside China
Global markets rise as US nears trillion-dollars’ worth stimulus package
Malaysia not going into recession, growth set to continue in 2023:...
TV makers stun CES 2020 with super HD units
Japan and South Korea to continue discussions over export controls
Asia-Pacific leaders condemn war, renew calls for open trade
Tsai Ing- Wen claims victory in Taiwan presidential race anew
India to investigate Amazon and Flipkart over alleged illegal discount practices
Payroll firm probed for hiding tax payments
Britain’s oldest department store at closure risk
UK Prime Minister Rishi Sunak Meets with President Biden in Historic...
Smart tech maker Wyze admits leak of customer data
World Bank President urges lawmakers to prioritize debt management to avert...
RHB Bank on course to meet KPI targets
Japanese tech giant Softbank launches 5G service
Amazon closes $8.5B deal to acquire Hollywood studio MGM.
New Russian offensive underway in Ukraine, says NATO
EV-related stocks advance after Tesla gets approval to import electric vehicles...
Israel provides free tech lesson to senior citizens amid coronavirus isolation
Animal rescue groups save afflicted species in PH’s Volcano eruption
Snowstorms hit Afghanistan, Pakistan killing 54 people
US study finds massive errors in face recognition
High energy costs trigger unrest in parts of Europe.
EU slams ‘war crimes’ in Ukraine but new sanctions unlikely
Nintendo hit by coronavirus; production gets delayed
EU approves new sanctions against Russia over Ukraine war
Silicon Valley Bank SVB run exposes rifts in venture capital world
Russian space chief: Sanctions could imperil space station.
Malaysia Banks to be held up by resilient earnings
Cyberattack in Ukraine war affected thousands across Europe.
Activists stage global climate protest, slam Ukraine war.
Telemedicine owners charged in million dollars’ worth fraud scheme
Lesotho’s first lady surrenders to face murder charges
International trade rises as commerce ministry lays out 2023 plans
Asian FX, stocks rise as strong U.S. GDP data aids risk...
Malaysian banks’ loan growth to stay at 5-6% in 2023 on...
President Trump boasts US’ investment boom in Ohio rally
The US to seek Russia’s suspension from Human Rights Council.
KLCI falls as investors take profit, ringgit at 4.4760
China to destroy banknotes from coronavirus-hit areas
Biden Impeachment Inquiry and Demands for Financial Transparency
Bursa Malaysia announces 21 additions to F4GBM index constituents
CIA director visits Kyiv, meets with Ukraine’s Zelenskyy
Experts blame China for uncontrolled rise in coronavirus deaths
The US, EU sign data transfer deal to ease privacy concerns
Russia-Ukraine war in the world’s ‘breadbasket’ threatens food supply.
EU and UK hit Russia with wider sanctions that target luxury
UK’s software founder arrested for fraud charges
New rules for companies on climate risks proposed by SEC.
Contractors to face charges over refurbishment of England’s Grenfell Tower
Cathay Pacific offers unpaid leave to staff amid financial loss
25 dead in India’s Citizenship Law protests
Poland to end Russian oil imports; Germany warns on gas.
Italy closes majority of businesses as coronavirus cases mount
New China-Laos-Thailand train builds efficiency for China and Asean trade
Singapore revises residency scheme to attract more investors
Indonesia’s Asean presidency to focus on economic growth, says senior minister...
German Chancellor hopes to resolve dispute with Huawei
White House: Biden will travel to Europe for Ukraine talks.
Philippines’ Central bank warns of fake banknote designs circulating on social...
The Central Bank of the Philippines, or “Bangko Sentral ng Pilipinas” (BSP) in Filipino translation, warned the public against fake designs of banknotes that were recently posted on social media. BSP released an advisory on January 23 saying that the postings were made by an existing Facebook account with the user name “Bangko Sentral ng […]
Philippines declares health emergency, cancels public events amid coronavirus
PETRONAS inks MoU with Philippines’ Phoenix Petroleum
Malaysia’s largest mineral water company to boost production to 900 million...
Nissan sues former chairman and seeks $91 million damages
Cathay Pacific to pay almost $1M fine over passengers’ data leak
Hong Kong’s flagship airline Cathay Pacific Airways was fined with $970,000 for a data breach that exposed personal information of millions of passengers. Authorities said that the carrier failed to protect the details of 9.4 million people as their names, passport details, dates of birth, phone numbers, addresses and travel history were leaked in the company’s […]
China’s TCL to stop release of BlackBerry phones
Telenor and Axiata win key approval for multi-billion dollar Malaysia tie-up
UK’s Clydesdale and Yorkshire Banks hit due to customers’ wage delays
Singapore to issue “stop-work order” to companies that do not allow...
Huawei’s lawsuit challenging US purchase ban rejected
China investment will boost green economy in Malaysia, says biz leader
National leaders say Iranian missile struck down Ukraine Int’l flight
Filipinos struggle amid coronavirus quarantine
Maybank to facilitate the trading of shariah-compliant securities on Bursa under...
European inflation soars to a record 7.5% on fuel, food costs.
IBM partners with new chipmaker Rapidus to make up lost ground
EU to mobilise RM47bil for Asean investments
Malaysia consumer sector expected to remain robust
Money trader Travelex down after getting victimized by cyberattack
Council of Europe expels Russia from human rights body.
Pakistan Prime Minister Imran Khan protests to the U.S. about alleged...
Missing Taiwan military official confirmed dead in helicopter crash
India launches first-ever robot astronaut
The Indian Space Research Organization (ISRO) stole the limelight in the technology sector this week as it unveiled its first half-humanoid robot that is intended to travel space in December. Claimed to have the ability to operate as a companion, the robot was named Vyom Mitra which translates from two Sanskrit words— Vyom means Sky or […]
Ukraine war imperils wheat, but farmers are in no rush to...
Oil price plunges as Saudi Arabia retaliates with Russia
Amazon blocks millions of products for price gouging, misleading claims about...
More than a million products were barred by online retail giant Amazon for charging much higher prices and making false claims that they can help cure the Coronavirus Disease 2019 (COVID-19). The company spokesperson firmly said that “There is no place for Price Gouging on Amazon” after it deleted face masks, respirators and other health […]
Biden bans Russian oil, warns of higher prices at US pumps.
South Korean exports jump as employees worldwide work from home
Iranian Soleimani’s death served “American Justice,” says President Trump
India’s travel ban on Singapore threatens tourism
The Government of India added Singapore to its travel ban list to control the deadly coronavirus outbreak. On Saturday, India released a travel advisory asking citizens to avoid non-essential travel to Singapore. Analysts say that the new advisory will restrain tourist inflow into Singapore considering that India is among its top sources of international visitors. […]
World stocks rise as Mid-East tensions wane
Explosive Scandal Engulfs YNH: Directors’ Unethical Profiteering and Mammoth Debt Cover-Up...
Internet speed slows down globally due to coronavirus
South Korea faces economic difficulty as virus cases climb
From only 31 cases on February 18, South Korea has confirmed a sudden increase in its coronavirus cases that reached 833 as of Monday afternoon. The government over the weekend declared that the virus alert has been raised to its highest level and intensified quarantine measures to contain the virus spread. Aside from human infection, South […]
Tesla’s market value surpassed Ford’s and General Motors’
“Coronavirus is China’s fault,” say global officials
Public and private sectors in PH join forces to send aid...
Ukrainian forces retake areas near Kyiv amid fear of traps.
Facebook bans deceptive, modified media
Norwegian oil giant cancels plan to drill in Great Australian Bight
Equinor, a Norwegian multinational energy company, announced that it has abandoned its plan to drill for oil in the Great Australian Bight for reasons that it is “not commercially competitive.” The oil and gas giant was given a green light to start its exploratory drills, at a depth of 2.5 kilometers in South Australia’s coastline, […]
2 execs of Thai aviation industry resign amid coronavirus crisis
Amazon employees warned of being fired for speaking out environmental issues
SHARP FACTS ABOUT SCISSORS
Bank Negara raises OPR by 25bps to 2.5%, as expected
Asian stock markets mixed ahead of latest US jobs reading
Google offers $340 million in Ads credits to help small businesses
Hong Kong’s Cathay Pacific flags up to US$893.77 million loss in...
Ukraine war drives the US, EU deal to undercut Russian energy
SpaceX launches 3 visitors to the space station for $55M each
Intel unveils $88B chipmaking expansion plan for Europe.
Mexican leader slams predecessors for allowing drug lord “El Chapo” hold...
Budget 2023 will be among the focus for the 15th parliament...
Crude oil prices stay muted in 1H amid altered oil flows...
Chinese supplier of Tesco claims prison labor allegations untrue
IMF, World bank express readiness to lend amid virus crisis
The International Monetary Fund (IMF) and the World Bank have already developed contingency plans to be able to provide funding to the global fight against the coronavirus (COVID-19). IMF spokesman Gerry Rice said that the institutions are willing to lend capital should any state government requests for assistance. “We have various financial instruments that could […]
Auto companies struggle as China locks down “motor city”
Three automobile companies are among the businesses that were reportedly hit following the Chinese government’s decision to shut down Wuhan City which is the epicenter of the deadly novel coronavirus (nCov). Wuhan is considered as China’s “motor city” for it houses large manufacturing plants including those of the global carmakers Renault (RNLSY), Honda (HMC) and Peugeot owner PSA Group (PUGOY). As […]
US accuses Russia of endangering nuclear arms control treaty
Gaming giant Minecraft offers free educational lessons amid coronavirus lockdown
Thailand weeps for 29 people killed in mass shooting
‘No mercy’: Mariupol bombing compared to Nazi war crimes.
Canadian Conman Patrice Runner Sentenced to 10 Years for Orchestrating $175m...
Union President arrested amid conspiracy charge
Silicon Valley Bank (SVB) Financial seeks bankruptcy protection as banking turmoil...
RAM Ponzi victims go after New Zealand ANZ Bank
Emirati app ‘Totok’ returns to Google Play Store after spying charges
Bank Negara issues exposure draft on licensing and regulatory framework for...
Amazon becomes “go-to” e-commerce site amid coronavirus
Trudeau reaches deal to keep his party in power till 2025
EU faces big subsidy rift before facing US
Bill Gates resigns from the Boards of Microsoft and Berkshire Hathaway
Oil prices climb after Opec+ keeps output cut targets, China eases...
Huawei to get limited role in British 5G network
China’s telecommunication giant Huawei will only get a “limited role” in the United Kingdom’s future 5G network following the recommendation of British government officials. The lawmakers proposed the exclusion of Huawei from the sensitive and data-heavy “core” part of the fifth generation and it will also be blocked from government systems. This was decided in […]
S&P downgrade indicates Russia headed for historic default
Disney shuts tourism businesses in response to the coronavirus
British grocery chain Tesco ends production at Chinese factory over forced...
Russians shift focus from Kyiv, scaling back goals in war?
Philippines cancels flights due to Taal Volcano eruption
Luckin Coffee fraud scandal tarnishes China’s corporate image
Gas station owner charged for $500M fraud scheme
Microsoft CEO’s comment on India’s Citizenship Law drew backlash
Global authorities warn of fraud and scam amid coronavirus pandemic
US seeks tighter UN sanctions after N. Korea missile test
Germany seeks to boost renewable energy and cut Russian imports.
Thailand, France and Mexico strengthen environmental protection with plastic ban
Filipinos raise concerns over ‘enhanced community quarantine’ amid coronavirus
Singapore Airlines grounds hundreds of planes, trims 96% of capacity
Taiwan’s Air Force General went missing after helicopter crash landing
Vietnam cuts gold prices due to decline in demand
Europe bans Russian diesel, other oil products over Ukraine
Indonesia set to surge oil imports as global crude prices plunge
Indonesian bank trims rates to head off coronavirus impact
The central bank of Indonesia has cut its interest rates by 25 basis points to 4.75% to prevent the impact of the COVID-19 outbreak that hammers the country’s travel, tourism and trade industries. Although Indonesia has not reported any confirmed case of the deadly virus, officials are worried about the fallout from the epidemic. The closure […]
WHO says 99% of the world’s population breathes poor-quality air.
Boris Johnson: Russian win would bring ‘age of intimidation’
Thai regulations hurdle Tesco’s sale of Asian assets
Japanese postman faces criminal charge for keeping 24,000 mails at home
A 61-year-old former postman in Japan might be sentenced to three years imprisonment or be fined of about 500,000 yen ($4,600) after reportedly keeping 24,000 letters at his home. The Japanese authorities found the undelivered mails in the man’s house in the Kanagawa Prefecture, near Tokyo. The unnamed man admitted the wrongdoings for the reason […]
US drugmaker Moderna submits coronavirus vaccine for testing
After only six weeks of immunization development, biotech firm Moderna Inc. has shipped the first batch of its experimental coronavirus vaccine to the National Institute of Allergy and Infectious Diseases (NIAID) of the United States. The vaccine, called mRNA-1273, is said to be the first vaccine that will be used by American researchers in a […]
Malaysians brace for economic and social impacts of lockdown
Standard Chartered Malaysia Launches SmartStocks
IMF set to provide $2.9 billion to help crisis-hit Sri Lanka
The U.S. imposes fresh sanctions on Russia over the Ukraine invasion.
HSBC Bank in shaky relationship with Chinese Government
Global companies shut China operations to control virus
Microsoft claims mimic websites from North Korean hack group
Russian President claims lead on hypersonic weapons, surpassing US
UK gov’t denies claims about overpriced HS2 railways
Sweden’s largest pension fund calls on governance code amendments to reflect...
UN chief: Don’t let Russia crisis fuel climate destruction.
NATO, in Arctic training drills, faces up to Putin’s ‘unpredictable’ Russia.
Sports world mourns sudden death of Kobe Bryant
Athletes of different sports across the globe mourn the tragic death of NBA legend Kobe Bryant. He and his daughter Gianna were among the nine people killed in a helicopter crash in Calabasas, California, on Sunday. Kobe was 41 while Gianna was 13. Media reports said that basketball courts in Denver and San Antonio were […]
Greenhouse gas emissions rose in Rhode Island.
Lithuania cuts off Russian gas imports and urges the EU to...
Maybank introduces financing solution for EV, hybrid users
Global stock markets slip on Christmas Eve
Russian airstrike hits base in western Ukraine kills 35 several injured.
Vietnam lures US$3.1 billion in FDI in first two months of...
SK Hynix to invest US$11bil in new South Korea chip plant
Mariupol’s dead put at 5,000 as Ukraine braces in the east.
Global airlines brace for $113 billion revenue hit from coronavirus
The International Air Transport Association (IATA) has announced a dramatic increase in the damage of the coronavirus to the global airline industry. It said the losses in sales could reach up to $113 billion if Coronavirus Disease 2019 (COVID-19) continues to spread. This amount is way too high from what IATA previously expected in lost […]
Volkswagen hit with $34 Billion fine over diesel scandal; shares plan...
Biden Urges Swift Congressional Action on Aid to Israel and Ukraine...
Singapore companies cushion virus impact by imposing hiring, pay freeze
Several companies in Singapore have imposed hiring and salary freeze as they grapple with financial constraints amid coronavirus outbreak. On Wednesday, the country’s largest developer CapitaLand announced that it will suspend giving wages to employees at the managerial level and above. While its board members and senior management will take up to 15% pay […]
WHO urges Asia to strengthen infection preparation as SARS-like virus spread
Prices of crude oil soar after Iran’s missile attacks on US...
Vietnam Tycoon Truong My Lan Sentenced to Death in $12.5bn Fraud...
China’s new coronavirus hits global markets
Still no boss for Wells Fargo Bank
Pakistan Economic Survey 2022/23: Challenges, Growth, and Government Commitment
Russian strikes hit western Ukraine as offensive widens
Australia pledges additional $80 billion coronavirus stimulus to rescue jobs
US forces returning to Philippines to counter China threats
Plastic Crisis Engulfs Southeast Asia: Imported Trash Floods the Region
Arizona Gov. Ducey hails Taiwan semiconductor investment
Electric car maker Tesla secures billion-worth loan to finance Shanghai Gigafactory
Philippines stocks plunge deepest since 2016 due to coronavirus
The Philippines has recorded its deepest fall in shares as growing concerns over coronavirus hit Asian and global markets. Based on reports, the Philippine Stock Exchange Index plunged 4.3 % on Wednesday trading, tumbling the most since January 2016. The Bankers’ Association of the Philippines also said that the peso succumbed to the dollar, finishing […]
UK financial system threatened by climate change
Founder of India’s Yes Bank faces money laundering charges
Tesla plans to strengthen financial position by issuing more shares
WTO warns of ‘real’ recession risk in some major economies
Thailand’s 5G auction raises over 100 billion baht
Hongkong banks sent out ads calling for calm
Police focus on van renter in Brooklyn subway shooting probe
Indonesia hikes fuel prices by 30%, cuts energy subsidies
2 South Korean electronics giants close plants due to virus cases
Samsung Electronics Co., Ltd. and LG Innotek have separately announced the temporary closure of their manufacturing plants in South Korea after workers tested positive for the coronavirus disease 2019 (COVID-2019). In a company statement, Samsung said that it’s Gumi factory will be closed until Sunday evening as they take all necessary measures, including disinfection, after […]
OPEC advances meeting to discuss oil price cuts amid coronavirus
Hundreds Of thousands hit Pakistani streets to protest Imran Khan’s ouster
China accepts help from int’l experts as coronavirus worsens
China’s new investment law: yay or nay?
Starbucks sales hit as 2,000 stores in China shut amid coronavirus
World’s largest coffee chain Starbucks closed more than 2,000 branches in China and became the first major American company to warn of sales hit due to the deadly coronavirus. Reports claimed that the figures represent half of Starbucks’ total stores in China, its biggest market outside the United States. It was in 1999 when Starbucks […]
Philippine Airlines provides free changes to China flights amid nCov
As the new strain of coronavirus continues to spread worldwide, the Philippine Airlines (PAL) announced that its passengers with booked tickets to some destinations in China can change their schedules without charge. The flag carrier said that those who have scheduled flights to Beijing, Guangzhou, Hong Kong, Jinjiang, Shanghai, Macau and Xiamen, from January 24 […]
Malaysia unlikely to go into recession due to economic diversification
MBSB Bank, Prec ink pact to drive cashless business transactions among...
Philippine Gov’t totally bans deployment of workers to Iraq
Japanese couple who operated an educational institution sentenced to prison for...
Yasunori Kagoike, the former head of a Japanese institution named Moritomo Gakuen, and his wife, Junko, were found guilty of defrauding the central and local governments. The couple had been indicted for receiving public subsidies worth ¥56.4 million from the national government for the construction of an elementary school in Toyonaka, Osaka Prefecture between 2016 […]
Wins for pro-Putin leaders buttress autocracies in Europe.
Bank of England presscon hacked, hedge funds benefited
The Bank of England’s security was breached as an audio of its press conference got hacked and was accessed by high-speed traders, minutes before the scheduled broadcast, in their attempt to make a profit advantage. Reports claim that having advance access to the audio feed of BOE Governor Mark Carney could have given hedge funds […]
Israel’s PM Netanyahu wins landslide victory despite corruption charges
Three nations to be largest sovereign sukuk issuers
India emerged as 5th world’s largest economy with $2.94 trillion GDP
Putin wants ‘unfriendly countries’ to pay rubles for gas.
Australia’s bushfires hit businesses leading to more than $2 billion economic...
Top investment manager says climate crisis could reshape finance
2 Taiwanese electronic companies enter world’s top PC vendors
Taipei-based Acer Inc. and Asustek Computer Inc. once again made it to the list of the world’s top 10 computer manufacturers in terms of shipments.The results were released by Gartner, a global market information advisory firm, which noted that the Taiwanese PC makers maintained high rankings despite a slight decline in their shares in 2019. […]
Disney shares drop after company announced CEO replacement
Following the unexpected announcement that Bob Iger handed off his position as CEO, The Walt Disney Company’s shares fell by 2.1% on Wednesday’s premarket trading. Reuters reported that this was due to growing concerns whether newly elected top executive Bob Chapek’s experiences are sufficient to handle the media-entertainment powerhouse. “Bob Chapek has less (content experience), […]
BREAKING NEWS: High-Level Leak Exposes Alleged Corporate Scandal Involving MAA Group...
Malaysian manufacturers of hygiene products struggle to meet surging demand amid...
Producers of disinfectants, hand sanitizers, and rubber gloves in Malaysia are struggling to provide global requests which have ballooned due to the COVID-19 outbreak, which has now claimed more than 2,000 lives in China. Channel News Asia reported that local manufacturers of sanitizing products could not produce the expected demand because they lack materials which […]
Volcano eruption won’t hit Philippines GDP, says Economist
Singapore core inflation cools while acceleration risks loom
Japanese retail giant Uniqlo reopens stores in China
Malaysian fugitive Jho Low spotted in virus-hit Wuhan
The fugitive Malaysian financier Low Taek Jho, commonly known as Jho Low, was recently spotted in the coronavirus-center Chinese city according to Malaysian authorities. “Previously, we did receive intelligence that he was active in Wuhan,” said Inspector-General of Police Abdul Hamid Bador. Low is wanted for his huge role in a massive graft scandal, siphoning […]
US and China vowed to resolve economic disputes through comprehensive dialogue
EU officials visit Kyiv as Russia strikes civilian target
More Bangladeshi workers at risk as apparel industry collapses
China’s claim on Spratly violated Philippine sovereign rights, World court says
The Permanent Court of Arbitration (PCA) said that the Philippine sovereign rights were violated by China as it illicitly claimed jurisdiction over the Spratly Islands. In 2016, the tribunal officially declared that the Philippines has exclusive sovereign rights over the controversial West Philippine Sea (South China Sea), clearly invalidating China’s “nine-dash” demarcation line. Documents released by the world […]