Financial news

10.09.2019 12:04:06

Amazon employees stage a march for climate change

Almost one thousand employees of Amazon are set to join the protest of their company’s inaction on climate change. The group of Amazon protesters is known as Amazon Employees for Climate Justice, who posted an open letter on Monday urging ...
10.09.2019 12:04:06

Jack Ma, 55, retires from Alibaba

Business tycoon and billionaire Jack Ma is officially retiring as executive chairman of Alibaba on Tuesday. He is given a graceful exit courtesy of the company’s farewell celebration at a stadium in Hangzhou. After spearheading e-commerce ...
09.09.2019 15:05:17

Mexico’s 2020 budget to go under scrutiny to set balance over weak economic growth

The 2020 budget of the Mexican government will most likely set the pace of its struggling economic growth. The Finance Ministry officials are set to present the 2020 national budget to the Lower House of Congress on Sunday to aid President ...
09.09.2019 14:04:36

British Airways pilots hit the bricks, flights cancelled

British Airways pilots union left their posts today that forced the British Airways to cancel almost all of its flights for Monday and Tuesday. The strike was caused by a conflict over pay between the airline and members of the British Airline ...
05.09.2019 13:02:38

U.S., China poised to resume trade talks in October

U.S., China poised to resume trade talks in October                                                                     ...
05.09.2019 13:02:38

Thailand to offer ‘relocation package’ for trade-war-bugged firms

Thailand to offer ‘relocation package’ for trade-war-bugged firms   Thailand is eyeing to secure a “relocation package” of benefits to lure foreign companies who are planning to move its operations from China as ...
04.09.2019 12:01:35

Hong Kong top executive to call time on extradition bill after months of unrest

Hong Kong top executive to call time on extradition bill after months of unrest   After months of protests and unrest in the city that caused economic problems and business disruptions, Hong Kong leader Carrie Lam is finally about to dispatch ...
04.09.2019 12:01:35

Facebook introduces face recognition, but needs to be activated by account users

Facebook introduces face recognition, but needs to be activated by account users   Facebook is now launching its newest offering for its users: the face recognition features. But according to the social media giant, account users need ...
03.09.2019 13:04:20

Huawei set to launch Google-less smartphone

Huawei set to launch Google-less smartphone   A new Huawei smartphone called Mate 30 will soon be launched by the Chinese tech giant, but this won’t be a Google-laden phone. Availing the Mate 30 as it goes on sale, however, means ...
03.09.2019 13:04:20

Philippine Central Bank optimistic for faster growth in second half

Philippine Central Bank optimistic for faster growth in second half Francis Dakila said on Monday that the Philippine economy is set to rise in the second half of the year. While most of the Asian economies are in a slump as the U.S.-China ...
02.09.2019 12:01:48

Oil plunges amid the U.S., China exchange of tariff blows

Oil prices are down on Monday as the first day of additional tariffs imposed by China and the U.S. against each other take effect. Brent crudes decreased by 0.4% selling at $59.03/barrel on Monday while the U.S. oil fell 0.5% at $55.03/ barrel. Footwear, ...
02.09.2019 12:01:48

Marks & Spencer on the verge of getting booted out of FTSE 100

Marks & Spencer shares dropped 1% on Monday and were drowning at the bottom of the FTSE 100 index as investors expect the company to be relegated from London’s blue-chip stock market. After 135 years of retailing, Marks & Spencer, ...
30.08.2019 14:02:33

France to conduct “general rehearsal” sans Britain EU

France is nothing but serious as they simulate measures it has devised for the departure of Britain from the European Union. This would prepare local companies ahead of a tumultuous Europe in light of Britain’s exit come October. The ...
30.08.2019 14:02:33

Chinese gov’t trashes HK protesters’ demands

Chinese gov’t trashes HK protesters’ demands Hong Kong chief executive Carrie Lam previously presented to the central Chinese government local protesters' demands, particularly the abolishment of the Extradition bill, now reported ...
30.08.2019 13:02:30

Trade fears still haunt Asian markets, shares plunge on Thursday

Ghost of the past Sino-U.S. trade dispute jumps out on Asian markets on Thursday. The U.S.-China trade talks have been the talk of the town for the past two days, which feared investors that caused stock shares in Asia to fall once more. The ...
29.08.2019 14:02:15

China expects the U.S. to provide favorable premises for the upcoming trade deal

China and the U.S. are set to go on a face-off for another series of trade talks and finally set the stage for the elusive trade deal between the two conflicting economies. As it is fast-approaching, China has high hopes that the U.S. will ...
29.08.2019 14:02:15

Trade fears still haunt Asian markets, and shares plunge on Thursday

Ghost of the past Sino-U.S. trade dispute jumps out on Asian markets on Thursday. The U.S.-China trade talks have been the talk of the town for the past two days, which feared investors that caused stock shares in Asia to fall once more. The ...
28.08.2019 08:04:09

HSBC to aid Hong Kong firms with rebates offering

SBC announced its plan to aid small Hong Kong companies amidst the economic disturbance in the city. After several months of demonstrations and mass protests, with some even led to the arrest of several protesters, Hong Kong’s economy ...
28.08.2019 08:04:09

Nintendo’s newest offering: Switch Lite

Smaller, lighter, and cheaper. Nintendo is set to release the Nintendo Switch Lite as its newest offering for gamers who wish to play games wherever, whenever.  A revamp of its known Switch, Nintendo offers the Switch Lite much cheaper ...
28.08.2019 08:04:09

Oil prices surge after U.S. crude inventories fall

Oil prices in Asia surged on Wednesday as U.S. crude inventories were lower than what was expected as reported by the American Petroleum Institute. U.S. Crude Oil Futures had a 1% increase ($55.48/barrel) and International Brent Oil Futures ...
27.08.2019 09:06:23

Trump eyes China trade deal soon

The U.S. – China trade war/deal series continues. On Monday, U.S. President Donald Trump said that China will make a trade deal with the U.S. After the G7 summit in France, Trump said that he believed that China was sincere in making ...
Something went wrong
Message: