Massive Financial Fraud Unearthed Involving YNH Property Bhd, Rapid Synergy Bhd,...
Rapid Synergy Director Accused of Fraudulent Misrepresentation
Manipulative and False trading activities Exposed at YNH Property and Rapid...
Indian food delivery startup raises funds as it eyes expansion
Japanese tech giant Softbank launches 5G service
A New War? China cuts emergency medical supply orders, blocking...
Luckin Coffee fraud scandal tarnishes China’s corporate image
Taiwan bans use of Zoom in government conferences
OPEC advances meeting to discuss oil price cuts amid coronavirus
Malaysia not going into recession, growth set to continue in 2023:...
BREAKING NEWS: High-Level Leak Exposes Alleged Corporate Scandal Involving MAA Group...
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, […]
Apple’s acquisition of weather app Dark Sky is sad news for...
KLCI falls as investors take profit, ringgit at 4.4760
Singapore to issue “stop-work order” to companies that do not allow...
WHO says 99% of the world’s population breathes poor-quality air.
IMF set to provide $2.9 billion to help crisis-hit Sri Lanka
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. […]
Asia stocks extend losses as Ukraine war, China’s Covid-19 surge hit...
Budget 2023 will be among the focus for the 15th parliament...
New China-Laos-Thailand train builds efficiency for China and Asean trade
Filipino-Chinese businessman arrested for “pandemic profiteering”
New Russian offensive underway in Ukraine, says NATO
SpaceX launches 3 visitors to the space station for $55M each
India to investigate Amazon and Flipkart over alleged illegal discount practices
Intel unveils $88B chipmaking expansion plan for Europe.
Asia’s US$350bil gas projects intensify the clean energy debate.
Bank Negara issues exposure draft on licensing and regulatory framework for...
US forces returning to Philippines to counter China threats
Russia-Ukraine war in the world’s ‘breadbasket’ threatens food supply.
European inflation soars to a record 7.5% on fuel, food costs.
S&P downgrade indicates Russia headed for historic default
The U.S. imposes fresh sanctions on Russia over the Ukraine invasion.
SK Hynix to invest US$11bil in new South Korea chip plant
Google offers $340 million in Ads credits to help small businesses
Qatar Airways seeks government aid to keep flying
Russian space chief: Sanctions could imperil space station.
Australia’s bushfires hit businesses leading to more than $2 billion economic...
IBM partners with new chipmaker Rapidus to make up lost ground
Vietnam lures US$3.1 billion in FDI in first two months of...
MBSB Bank, Prec ink pact to drive cashless business transactions among...
Malaysian banks rating intact despite US bank failures – RAM Ratings
Japan and South Korea to continue discussions over export controls
Malaysia’s largest mineral water company to boost production to 900 million...
Biden, Modi to speak as US presses for a hard line...
Hong Kong’s Cathay Pacific flags up to US$893.77 million loss in...
Dutch brewer Heineken invests US$183 million for Brazil plant expansion
Gardenia Malaysia speaks up about viral video of product tampering
UN to vote on suspending Russia from the rights council.
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 […]
Russian stock market, crushed by war, will partially reopen
Money trader Travelex down after getting victimized by cyberattack
The US hits Russia with ‘war crimes’ sanctions, Europe following.
War censorship exposes Putin’s leaky internet controls
Food prices soar to record levels on Ukraine war disruptions
Thai regulations hurdle Tesco’s sale of Asian assets
2 execs of Thai aviation industry resign amid coronavirus crisis
Ambank Aids SMEs Via Strategic Partnership With PUMM
EU eyes Russian officials, banks, industry for sanctions.
Three nations to be largest sovereign sukuk issuers
Zelenskyy evokes Holocaust as he appeals to Israel for aid.
Standard Chartered Malaysia Launches SmartStocks
“Smear campaign” against Emirati products shut by Dubai
TV makers stun CES 2020 with super HD units
Asian shares rise ahead of Fed decision on rate hike
Russia’s invasion drives NATO rethink of Europe force stance.
Sweden’s largest pension fund calls on governance code amendments to reflect...
Italy closes majority of businesses as coronavirus cases mount
Better Internet connectivity for Sarawak with a new submarine cable to...
Britain’s oldest department store at closure risk
Top investment manager says climate crisis could reshape finance
Malaysian companies urged to reduce plastic use to clean oceans
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 […]
Bursa Malaysia inks collaboration with UMW, Maybank to roll out centralised...
Deutsche Bank fights to get back image
RAM Ponzi victims go after New Zealand ANZ Bank
Disney shuts tourism businesses in response to the coronavirus
The US, EU sign data transfer deal to ease privacy concerns
Guyana OKs Exxon’s $10B Yellowtail offshore oil project.
Maybank introduces financing solution for EV, hybrid users
PETRONAS inks MoU with Philippines’ Phoenix Petroleum
Microsoft CEO’s comment on India’s Citizenship Law drew backlash
Greenhouse gas emissions rose in Rhode Island.
Brunei gets top ranking for business regulation from top international economic...
Philippines mandates BPOs to settle “Work from Home” policies until March...
Singapore Airlines grounds hundreds of planes, trims 96% of capacity
‘No city anymore’: Mariupol survivors take train to safety.
Putin wants ‘unfriendly countries’ to pay rubles for gas.
The US to seek Russia’s suspension from Human Rights Council.
Germany seeks to boost renewable energy and cut Russian imports.
Telenor and Axiata win key approval for multi-billion dollar Malaysia tie-up
International trade rises as commerce ministry lays out 2023 plans
European Raiffeisen Bank International and Danske Bank investigated for money laundering
Uber co-founder Travis Kalanick to resign from ride-hailing giant board
Pinterest surpasses Snapchat in the US after gaining 82m users
More Bangladeshi workers at risk as apparel industry collapses
Biden’s China ‘pivot’ complicated by Russia’s war in Ukraine.
UK regulator revokes license of Russia-backed broadcaster RT.
Boris Johnson: Russian win would bring ‘age of intimidation’
Singapore core inflation cools while acceleration risks loom
Europe bans Russian diesel, other oil products over Ukraine
Crude oil prices stay muted in 1H amid altered oil flows...
Emirati app ‘Totok’ returns to Google Play Store after spying charges
Amazon authorizes sellers to use FedEx after lifting its ban
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 […]
EcoWorld in end-financing tie-up with Public Bank
Philippines reopens businesses closed due to Taal volcano’s eruption
US banks warn of recession amid rising inflation
Microsoft claims mimic websites from North Korean hack group
Philippines elevates ban on Japanese food imports
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 […]
Asian stock markets mixed ahead of latest US jobs reading
Bursa Malaysia snaps losing streak, ringgit weakens to 4.5028
Retail loan growth likely to remain strong
Malaysian economy relatively resilient in 2023, says ICAEW
Global semiconductor equipment sales to hit record US$108.5bil this year
British airline Flybe maintains operations amid collapse threat
Malaysia maintains stock trading amid coronavirus lockdown
EU slams ‘war crimes’ in Ukraine but new sanctions unlikely
Biden waiving the ethanol rule in a bid to lower gasoline...
NATO planes to be sent to Romania to eye Russian activity
Media network CNN says Amazon sells fake and dangerous kids’ products
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 […]
White House: Biden will travel to Europe for Ukraine talks.
UN chief: Don’t let Russia crisis fuel climate destruction.
Biden pledges new Ukraine aid warns Russia on chemical weapons.
Poland to end Russian oil imports; Germany warns on gas.
US to send $3.75B in military aid to Ukraine, its neighbors
AI to combat money laundering
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 […]
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 […]
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 […]
Australia pledges additional $80 billion coronavirus stimulus to rescue jobs
High energy costs trigger unrest in parts of Europe.
Maybank to facilitate the trading of shariah-compliant securities on Bursa under...
Singapore bank stocks hit by Credit Suisse crisis
Hyundai to produce flying taxis for Uber
Malaysia end-August palm oil stocks hit 2 million tonnes for first...
Global food prices in 2022 hit record high amid drought, war
South Korea chip inventory climbs the fastest in 27 years
Hongkong banks sent out ads calling for calm
Robocash’s license revoked for operating unauthorized branches—SEC
UK’s Clydesdale and Yorkshire Banks hit due to customers’ wage delays
UK gov’t denies claims about overpriced HS2 railways
China’s new investment law: yay or nay?
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 […]
Economists: Global market is already in recession due to coronavirus pandemic
Airline traffic in Asia plunged in February due to coronavirus
TM, ZTE Malaysia team up to build hybrid cloud 5G core...
Despite criticisms, Facebook maintains policy on political ads
Hong Kong’s financial sector unmoved by protests
What to expect next as US-China trade deal gets inked
Bill Gates resigns from the Boards of Microsoft and Berkshire Hathaway
Council of Europe expels Russia from human rights body.
Indonesia’s Asean presidency to focus on economic growth, says senior minister...
Silicon Valley Bank SVB run exposes rifts in venture capital world
US-Iran tensions put world market on edge
India’s restriction on palm oil hurts Malaysian refiners
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 […]
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 […]
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 […]
European banks allow delays in mortgage payments to soften coronavirus impact
World Bank official says war-driven oil price hikes to slash growth...
Malaysia consumer sector expected to remain robust
Malaysia attracts RM264.6bil approved investments in 2022, 2nd largest ever recorded:...
President Trump boasts US’ investment boom in Ohio rally
Philippine Gov’t totally bans deployment of workers to Iraq
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 […]
Ukraine war drives the US, EU deal to undercut Russian energy
Bank Negara raises OPR by 25bps to 2.5%, as expected
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 […]
UK inflation hits a 30-year high of 6.2% as Sunak readies...
Oil prices ease on symbolic OPEC+ output cut
WTO warns of ‘real’ recession risk in some major economies
Malaysia exports rise 9.8% to RM204.99bil in Feb
Philippines’ Jollibee continues overseas expansion after raising $600m from bond sale
Thailand’s 5G auction raises over 100 billion baht
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 […]
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 […]
EU and UK hit Russia with wider sanctions that target luxury
New rules for companies on climate risks proposed by SEC.
The U.S. reinstates 352 product exclusions from China tariffs.
Europe agrees to ban Russian coal but struggles with oil, gas
Arizona Gov. Ducey hails Taiwan semiconductor investment
Malaysian banks’ loan growth to stay at 5-6% in 2023 on...
Boustead Plantations expects continued volatility in palm oil prices
Malaysia’s total trade up 8.6% to RM236bil in December 2022
China investment will boost green economy in Malaysia, says biz leader
A “Prototype City of the Future” will rise in Japan, says...
Cathay Pacific offers unpaid leave to staff amid financial loss
UN worries about unemployment of 470M people worldwide
UK’s software founder arrested for fraud charges
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 […]
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 […]
Japanese retail giant Uniqlo reopens stores in China
EU approves new sanctions against Russia over Ukraine war
EU officials visit Kyiv as Russia strikes civilian target
British grocery chain Tesco ends production at Chinese factory over forced...
Chinese supplier of Tesco claims prison labor allegations untrue
Smart tech maker Wyze admits leak of customer data
Prices of crude oil soar after Iran’s missile attacks on US...
Tesla’s market value surpassed Ford’s and General Motors’
Saudi maintains stable oil supply amid growing tensions
China’s new coronavirus hits global markets
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 […]
Tesla eyes building a Cybertruck factory in central USA
Congress votes to suspend Russia’s trade status, enact an oil ban
Industrial Shares Show Strength in Broadening Stock Market Rally | Stay...
EU to mobilise RM47bil for Asean investments
Silicon Valley Bank (SVB) Financial seeks bankruptcy protection as banking turmoil...
Tesla to open first European Gigafactory in Germany
Bank exec barred by FED for involvement in Malaysian scandal
Nintendo hit by coronavirus; production gets delayed
Nissan sues former chairman and seeks $91 million damages
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 […]
Amazon becomes “go-to” e-commerce site amid coronavirus
India imposes world’s largest coronavirus lockdown
Indonesia hikes fuel prices by 30%, cuts energy subsidies
Asia stocks edge up despite global growth worries.
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 […]
IAEA sends staff to all Ukraine nuclear plants in safety bid
Payroll firm probed for hiding tax payments
Furniture company IKEA to pay $46 Million settlement to family of...
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 […]
Global companies shut China operations to control virus
Coronavirus hammered Hong Kong’s economy worse than protests
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 […]
South Korean exports jump as employees worldwide work from home
Franchise sales to increase to RM23bil by 2025
Asia-Pacific leaders condemn war, renew calls for open trade
Asian FX, stocks rise as strong U.S. GDP data aids risk...
EV-related stocks advance after Tesla gets approval to import electric vehicles...
Malaysia’s palm oil stocks slide 6.56% in Feb
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 […]
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 […]
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 RM123.3 billion worth of approved investments for Jan-June 2022...
Oil prices climb after Opec+ keeps output cut targets, China eases...
Chile ratifies CPTPP, a big opportunity for Malaysian businesses: Tengku Zafrul
Two more international banks tied to Huawei technologies case
Still no boss for Wells Fargo Bank
HSBC Bank in shaky relationship with Chinese Government
Global stock markets slip on Christmas Eve
Volkswagen eyes settlement with customers over ‘dieselgate’ scandal
US and China vowed to resolve economic disputes through comprehensive dialogue
Toyota invests $394 million in Californian taxi maker
Telemedicine owners charged in million dollars’ worth fraud scheme
Volkswagen hit with $34 Billion fine over diesel scandal; shares plan...
Indonesia set to surge oil imports as global crude prices plunge
Global markets rise as US nears trillion-dollars’ worth stimulus package
Malaysia Banks to be held up by resilient earnings
Germany, Japan seek economic cooperation
ECB hawks press case for more rate hikes to fight inflation
China’s Ant Financial applies for banking license in Singapore, joining Grab...
Amazon employees warned of being fired for speaking out environmental issues
Singapore revises residency scheme to attract more investors
China’s TCL to stop release of BlackBerry phones
Indian ridesharing giant launches in London
Contractors to face charges over refurbishment of England’s Grenfell Tower
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 […]
Founder of India’s Yes Bank faces money laundering charges
Vietnam cuts gold prices due to decline in demand
Bursa Malaysia announces 21 additions to F4GBM index constituents
World stocks rise as Mid-East tensions wane
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 […]
Tesla plans to strengthen financial position by issuing more shares
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” […]
Gas station owner charged for $500M fraud scheme
Biden bans Russian oil, warns of higher prices at US pumps.
Hong Kong once again ranked as world’s freest economy
Electric car maker Tesla secures billion-worth loan to finance Shanghai Gigafactory
Airbnb’s new booking rules punish Canadians under 25s
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 […]
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. […]
EU faces big subsidy rift before facing US
CIA director visits Kyiv, meets with Ukraine’s Zelenskyy
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 […]
Int’l law firm Appleby criticized over Paradise Papers leak
Philippine Airlines appoints new president, raises capital stock by 130%
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 […]
Grab PH suspends thousands of users over fraudulent activities
Huawei’s lawsuit challenging US purchase ban rejected
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), […]
US accuses Russia of endangering nuclear arms control treaty
Lithuania cuts off Russian gas imports and urges the EU to...
Vietnam Tycoon Truong My Lan Sentenced to Death in $12.5bn Fraud...
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 […]
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 […]
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 […]