Asia’s US$350bil gas projects intensify the clean energy debate.
Amazon becomes “go-to” e-commerce site amid coronavirus
Germany seeks to boost renewable energy and cut Russian imports.
EU eyes Russian officials, banks, industry for sanctions.
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 […]
Standard Chartered Malaysia Launches SmartStocks
MBSB Bank, Prec ink pact to drive cashless business transactions among...
Contractors to face charges over refurbishment of England’s Grenfell Tower
India’s restriction on palm oil hurts Malaysian refiners
TV makers stun CES 2020 with super HD units
BREAKING NEWS: High-Level Leak Exposes Alleged Corporate Scandal Involving MAA Group...
European Raiffeisen Bank International and Danske Bank investigated for money laundering
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 […]
Bank Negara raises OPR by 25bps to 2.5%, as expected
Hong Kong’s Cathay Pacific flags up to US$893.77 million loss in...
Chinese supplier of Tesco claims prison labor allegations untrue
India imposes world’s largest coronavirus lockdown
Singapore bank stocks hit by Credit Suisse crisis
A “Prototype City of the Future” will rise in Japan, says...
Hong Kong’s financial sector unmoved by protests
Franchise sales to increase to RM23bil by 2025
Apple’s acquisition of weather app Dark Sky is sad news for...
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 […]
Amazon employees warned of being fired for speaking out environmental issues
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 […]
Ukraine war drives the US, EU deal to undercut Russian energy
Tesla’s market value surpassed Ford’s and General Motors’
Japan and South Korea to continue discussions over export controls
Dutch brewer Heineken invests US$183 million for Brazil plant expansion
S&P downgrade indicates Russia headed for historic default
Global companies shut China operations to control virus
Australia pledges additional $80 billion coronavirus stimulus to rescue jobs
UN chief: Don’t let Russia crisis fuel climate destruction.
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 […]
Biden, Modi to speak as US presses for a hard line...
Crude oil prices stay muted in 1H amid altered oil flows...
PETRONAS inks MoU with Philippines’ Phoenix Petroleum
The US, EU sign data transfer deal to ease privacy concerns
Manipulative and False trading activities Exposed at YNH Property and Rapid...
Malaysia attracts RM264.6bil approved investments in 2022, 2nd largest ever recorded:...
Poland to end Russian oil imports; Germany warns on gas.
Prices of crude oil soar after Iran’s missile attacks on US...
SpaceX launches 3 visitors to the space station for $55M each
EU to mobilise RM47bil for Asean investments
Asian stock markets mixed ahead of latest US jobs reading
Retail loan growth likely to remain strong
Bursa Malaysia announces 21 additions to F4GBM index constituents
OPEC advances meeting to discuss oil price cuts amid coronavirus
ECB hawks press case for more rate hikes to fight inflation
UK’s software founder arrested for fraud charges
Intel unveils $88B chipmaking expansion plan for Europe.
Top investment manager says climate crisis could reshape finance
The U.S. imposes fresh sanctions on Russia over the Ukraine invasion.
Budget 2023 will be among the focus for the 15th parliament...
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
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 […]
New Russian offensive underway in Ukraine, says NATO
EU and UK hit Russia with wider sanctions that target luxury
Europe bans Russian diesel, other oil products over Ukraine
Bank Negara issues exposure draft on licensing and regulatory framework for...
UK’s Clydesdale and Yorkshire Banks hit due to customers’ wage delays
EU officials visit Kyiv as Russia strikes civilian target
Apple won’t hit revenue forecasts due to coronavirus
Asia stocks extend losses as Ukraine war, China’s Covid-19 surge hit...
TM, ZTE Malaysia team up to build hybrid cloud 5G core...
Hong Kong once again ranked as world’s freest economy
EcoWorld in end-financing tie-up with Public Bank
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 […]
Biden waiving the ethanol rule in a bid to lower gasoline...
Filipino-Chinese businessman arrested for “pandemic profiteering”
Hyundai to produce flying taxis for Uber
Deutsche Bank fights to get back image
Tesla eyes building a Cybertruck factory in central USA
The US hits Russia with ‘war crimes’ sanctions, Europe following.
World stocks rise as Mid-East tensions wane
Germany, Japan seek economic cooperation
Malaysia’s palm oil stocks slide 6.56% in Feb
Singapore revises residency scheme to attract more investors
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” […]
WTO warns of ‘real’ recession risk in some major economies
War censorship exposes Putin’s leaky internet controls
Saudi maintains stable oil supply amid growing tensions
RAM Ponzi victims go after New Zealand ANZ Bank
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. […]
White House: Biden will travel to Europe for Ukraine talks.
Microsoft CEO’s comment on India’s Citizenship Law drew backlash
Hongkong banks sent out ads calling for calm
Airline traffic in Asia plunged in February due to coronavirus
US and China vowed to resolve economic disputes through comprehensive dialogue
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 […]
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 […]
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 […]
Airbnb’s new booking rules punish Canadians under 25s
Malaysia Banks to be held up by resilient earnings
Italy closes majority of businesses as coronavirus cases mount
Rapid Synergy Director Accused of Fraudulent Misrepresentation
Greenhouse gas emissions rose in Rhode Island.
International trade rises as commerce ministry lays out 2023 plans
Smart tech maker Wyze admits leak of customer data
Two more international banks tied to Huawei technologies case
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 […]
Thailand’s 5G auction raises over 100 billion baht
EU faces big subsidy rift before facing US
European inflation soars to a record 7.5% on fuel, food costs.
Google offers $340 million in Ads credits to help small businesses
UN to vote on suspending Russia from the rights council.
Indian ridesharing giant launches in London
Bursa Malaysia snaps losing streak, ringgit weakens to 4.5028
Philippine Airlines appoints new president, raises capital stock by 130%
Vietnam Tycoon Truong My Lan Sentenced to Death in $12.5bn Fraud...
IAEA sends staff to all Ukraine nuclear plants in safety bid
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 […]
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 […]
Silicon Valley Bank SVB run exposes rifts in venture capital world
Uber co-founder Travis Kalanick to resign from ride-hailing giant board
Asian FX, stocks rise as strong U.S. GDP data aids risk...
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 […]
IBM partners with new chipmaker Rapidus to make up lost ground
Indian food delivery startup raises funds as it eyes expansion
Vietnam lures US$3.1 billion in FDI in first two months of...
Qatar Airways seeks government aid to keep flying
AI to combat money laundering
SK Hynix to invest US$11bil in new South Korea chip plant
Luckin Coffee fraud scandal tarnishes China’s corporate image
WHO says 99% of the world’s population breathes poor-quality air.
Global semiconductor equipment sales to hit record US$108.5bil this year
Bank exec barred by FED for involvement in Malaysian scandal
Oil prices ease on symbolic OPEC+ output cut
KLCI falls as investors take profit, ringgit at 4.4760
“Smear campaign” against Emirati products shut by Dubai
Massive Financial Fraud Unearthed Involving YNH Property Bhd, Rapid Synergy Bhd,...
Gardenia Malaysia speaks up about viral video of product tampering
US-Iran tensions put world market on edge
Disney shuts tourism businesses in response to the coronavirus
Int’l law firm Appleby criticized over Paradise Papers leak
Three nations to be largest sovereign sukuk issuers
Indonesia’s Asean presidency to focus on economic growth, says senior minister...
Biden pledges new Ukraine aid warns Russia on chemical weapons.
Philippines’ Jollibee continues overseas expansion after raising $600m from bond sale
Bill Gates resigns from the Boards of Microsoft and Berkshire Hathaway
President Trump boasts US’ investment boom in Ohio rally
China investment will boost green economy in Malaysia, says biz leader
HSBC Bank in shaky relationship with Chinese Government
Malaysia’s total trade up 8.6% to RM236bil in December 2022
Malaysian banks rating intact despite US bank failures – RAM Ratings
British grocery chain Tesco ends production at Chinese factory over forced...
Tunku Yaacob Khyra: The Mastermind Behind KNM Group Bhd’s Vote Rigging...
Australia’s bushfires hit businesses leading to more than $2 billion economic...
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 […]
South Korea chip inventory climbs the fastest in 27 years
CIA director visits Kyiv, meets with Ukraine’s Zelenskyy
Malaysia’s largest mineral water company to boost production to 900 million...
Indonesia set to surge oil imports as global crude prices plunge
Boustead Plantations expects continued volatility in palm oil prices
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 […]
Maybank introduces financing solution for EV, hybrid users
EV-related stocks advance after Tesla gets approval to import electric vehicles...
Zelenskyy evokes Holocaust as he appeals to Israel for aid.
Robocash’s license revoked for operating unauthorized branches—SEC
Guyana OKs Exxon’s $10B Yellowtail offshore oil project.
Despite criticisms, Facebook maintains policy on political ads
Russia-Ukraine war in the world’s ‘breadbasket’ threatens food supply.
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...
UK regulator revokes license of Russia-backed broadcaster RT.
Global food prices in 2022 hit record high amid drought, war
Japanese retail giant Uniqlo reopens stores in China
Singapore Airlines grounds hundreds of planes, trims 96% of capacity
Grab PH suspends thousands of users over fraudulent activities
Indonesia hikes fuel prices by 30%, cuts energy subsidies
Malaysian economy relatively resilient in 2023, says ICAEW
Thai regulations hurdle Tesco’s sale of Asian assets
Tesla to open first European Gigafactory in Germany
Malaysia maintains stock trading amid coronavirus lockdown
‘No city anymore’: Mariupol survivors take train to safety.
Electric car maker Tesla secures billion-worth loan to finance Shanghai Gigafactory
China’s new investment law: yay or nay?
Still no boss for Wells Fargo Bank
Cathay Pacific offers unpaid leave to staff amid financial loss
EU approves new sanctions against Russia over Ukraine war
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 […]
Malaysia consumer sector expected to remain robust
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 […]
High energy costs trigger unrest in parts of Europe.
Sweden’s largest pension fund calls on governance code amendments to reflect...
US banks warn of recession amid rising inflation
Singapore core inflation cools while acceleration risks loom
Emirati app ‘Totok’ returns to Google Play Store after spying charges
Oil prices climb after Opec+ keeps output cut targets, China eases...
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 […]
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 […]
Putin wants ‘unfriendly countries’ to pay rubles for gas.
Maybank to facilitate the trading of shariah-compliant securities on Bursa under...
Gas station owner charged for $500M fraud scheme
Lithuania cuts off Russian gas imports and urges the EU to...
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 […]
Europe agrees to ban Russian coal but struggles with oil, gas
Malaysia attracts RM123.3 billion worth of approved investments for Jan-June 2022...
Furniture company IKEA to pay $46 Million settlement to family of...
What to expect next as US-China trade deal gets inked
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 […]
UN worries about unemployment of 470M people worldwide
Russian space chief: Sanctions could imperil space station.
Russian stock market, crushed by war, will partially reopen
Malaysia exports rise 9.8% to RM204.99bil in Feb
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 […]
Microsoft claims mimic websites from North Korean hack group
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 […]
Telemedicine owners charged in million dollars’ worth fraud scheme
Asia stocks edge up despite global growth worries.
Vietnam cuts gold prices due to decline in demand
Russia’s invasion drives NATO rethink of Europe force stance.
Biden’s China ‘pivot’ complicated by Russia’s war in Ukraine.
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), […]
Britain’s oldest department store at closure risk
The U.S. reinstates 352 product exclusions from China tariffs.
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 […]
Amazon authorizes sellers to use FedEx after lifting its ban
Pinterest surpasses Snapchat in the US after gaining 82m users
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, […]
Philippines reopens businesses closed due to Taal volcano’s eruption
Philippine Gov’t totally bans deployment of workers to Iraq
Industrial Shares Show Strength in Broadening Stock Market Rally | Stay...
China’s new coronavirus hits global markets
India to investigate Amazon and Flipkart over alleged illegal discount practices
YNH Property Directors Siphon RM1 Billion into the Yu Syndicate
Security Commission Malaysia Opens Active File to Investigate Rapid Synergy Berhad’s...
Volkswagen eyes settlement with customers over ‘dieselgate’ scandal
Tesla plans to strengthen financial position by issuing more shares
Philippines mandates BPOs to settle “Work from Home” policies until March...
Money trader Travelex down after getting victimized by cyberattack
Founder of India’s Yes Bank faces money laundering charges
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 […]
Food prices soar to record levels on Ukraine war disruptions
Malaysian banks’ loan growth to stay at 5-6% in 2023 on...
Huawei’s lawsuit challenging US purchase ban rejected
Philippines elevates ban on Japanese food imports
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 […]
British airline Flybe maintains operations amid collapse threat
China’s TCL to stop release of BlackBerry phones
Boris Johnson: Russian win would bring ‘age of intimidation’
US forces returning to Philippines to counter China threats
Economists: Global market is already in recession due to coronavirus pandemic
Toyota invests $394 million in Californian taxi maker
Payroll firm probed for hiding tax payments
Arizona Gov. Ducey hails Taiwan semiconductor investment
Bursa Malaysia inks collaboration with UMW, Maybank to roll out centralised...
European banks allow delays in mortgage payments to soften coronavirus impact
US to send $3.75B in military aid to Ukraine, its neighbors
Malaysia end-August palm oil stocks hit 2 million tonnes for first...
Telenor and Axiata win key approval for multi-billion dollar Malaysia tie-up
NATO planes to be sent to Romania to eye Russian activity
Global stock markets slip on Christmas Eve
South Korean exports jump as employees worldwide work from home
China’s Ant Financial applies for banking license in Singapore, joining Grab...
UK gov’t denies claims about overpriced HS2 railways
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 […]
IMF set to provide $2.9 billion to help crisis-hit Sri Lanka
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 […]
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 […]
Malaysia not going into recession, growth set to continue in 2023:...
How Yu Kuan Chon’s Underhanded Tactics Failed in Securities Firm Acquisitions
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. […]
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 […]