Economy
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Increasing corporate misdeeds in Malaysia could be due to weak government policies, analysts say
Malaysia, March 12, 2020 — cybernewschronicle.com — Amid its remarkable rise from the pre-crisis era that allowed economic…
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IATA Raises Airline Revenue Loss Forecast to Between $63 Billion and $113 Billion
The ominous $113 billion revenue shortfall projected by the International Air Transport Association (IATA) for global airlines is…
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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…
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CapitaLand Freezes Managers’ Wages and Cuts Executive Pay as Coronavirus Hits Malls
CapitaLand’s shopping malls are emptier. Footfall has dropped more than 30 percent in some complexes. The developer owns…
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South Korea Virus Cases Hit 833 as Church Cluster Spreads
The Korean won is sliding. The Kospi is down more than 3%. Hyundai Motor shares have plunged. These…
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Honda Shuts Philippine Plant, 387 Workers Displaced
Nearly 400 Filipino families face an uncertain future after Honda confirmed it will shutter its Laguna production plant…
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Honda to halt production in the Philippines, leaving 387 workers jobless
Laguna, Philippines, February 24, 2020 — cyberinktimes.com — Japanese automobile maker Honda announced that it will close its…
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Vietnamese Airlines Lose $430 Million in Revenue After China Flight Ban
The government’s February 1 flight ban to and from mainland China was not a suggestion. It was a…
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Philippines Receives Credit Rating Upgrade From Fitch Ratings Agency
On February 13, 2020, Fitch Ratings announced an upgrade for the Philippines, moving the country’s outlook to “positive”…
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Coronavirus Adds a Second Blow to Hong Kong’s Recession-Hit Economy
Hong Kong, February 10, 2020 — infopulsetoday.com — The novel coronavirus dealt a heavier blow to Hong Kong’s…
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Singapore Revises Investor Programme for Fast-Growth Firms
Singapore’s Global Investor Programme has been around for years. It was a door for the wealthy — established…
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Singapore revises residency scheme to attract more investors
Singapore revised its Global Investor Programme (GIP) on February 2, 2020, to broaden eligibility for permanent residence to…
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India Restricts Malaysian Palm Oil Imports After PM’s Criticism
Effective 8 January, India’s Ministry of Commerce and Industry moved refined palm oil from the “free” to the…
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Economists put Australia’s bushfire cost above $2 billion and still climbing
Several companies in Australia, including resorts, factories and insurance firms, have been reportedly hit as the summer’s devastating…
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Ex-Indian President Alarmed by Bank Scandal Surge
India’s former President Pranab Mukherjee expressed alarm on August 26, 2019, over the rise of bank scandals in…
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Hong Kong Banks Buy Full Page Ads Calling for Order in 2019
Hongkong, August 22, 2019 — cybernewschronicle.com — The protests in Hongkong are having a negative effect on the…
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Standard Chartered Fined $1.1 Billion for Iran Sanctions Violations
On April 15, 2019, the British multinational bank Standard Chartered was hit with a combined fine of $1.1…
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Dutch Banking Giant ING Agrees to €775 Million Settlement
In a significant move on September 11, 2018, it was disclosed that ING Groep NV, a renowned Dutch…
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Currency Rigging Scandal: Record Fines and the Investor Lawsuit That Followed
In June 2013, Bloomberg News published an investigation that exposed a long‑standing scheme to rig the world’s foreign‑exchange…
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Portugal Splits Banco Espirito Santo in Two After Hidden Debts Surface
The troubles of Banco Espírito Santo did not start with the central bank’s action on August 3, 2014;…
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Banco Espirito Santo Reborn as Novo Banco After Record 3.58 Billion Euro Loss
On 3 August 2014, Banco de Portugal exercised a resolution measure that divided Banco Espírito Santo (BES)—the nation’s…
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China’s Rise Reshaped Global Commodity Markets Between 1990 and 2010, Treasury Paper Says
BEIJING, Aug. 4 — China’s rise to become the world’s dominant consumer of raw materials was less a…
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The Fed’s Dual Mandate Since 1977: Jobs, Prices and a 2012 Target
WASHINGTON, July 8 — The legal architecture that governs the Federal Reserve’s monetary policy decisions rests on two…
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Nvidia shares fall 3% as traders open $9.1M short on Huang spy scandal
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Japan Tobacco’s 272-yen dividend at risk as Putin seizes Russian assets, stock crashes 19%
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Nasdaq Suffers Biggest Drop in 19 Months as AI Regulatory Fears Trigger Market Sell-Off
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Citi Links Hormuz Reopening to Fed Rate Cuts and $5,000 Gold Target
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Airline Stocks to Watch: Fuel Costs, Earnings, and Oil Volatility Drive Sector Focus
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How Canada’s Real-Time Rail Modernizes Financial Networks and Boosts Business Efficiency
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Boeing 777 Freighter Conversions Face Supply Crunch as New Jets Delay
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Teen Pilots Rise: Safety Rules and Training Under Scrutiny
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Boeing 777X First Delivery Slips to Twenty Twenty Seven Nearly Decade Late
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Senate Demand on Musk Signals New Limits for Starlink Users
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Why Fraud and Phishing Now Dominate Gallagher New Zealand Cyber Insurance Claims
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Cotality Report: Louisiana Leads U.S. States in Extreme Weather Homeowner Losses
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Home Depot Stock Jumps 7% as Democrats Sweep Congress and Housing Hopes Rise
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Small Business Owners Face Harsh Collection on Pandemic Loans
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Why 7.4% Mortgage Rates Freeze Markets While 1970s Double-Digit Rates Did Not
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How Nigeria’s Lithium Factories Could Reshape Africa’s EV Battery Costs and Energy Security
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Spain Withholds 12% of Olive Oil to Prop Up Prices
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Kotak Neo’s Banerjee Ties Gold, Rupee and Copper to Crude Volatility and Fed Rate Hikes
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El Niño and Iran War Drive Agricultural Commodity Prices to New Highs
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ICE Brent Hovers Near $110 as Middle East Tensions Keep Risk Premium High