With the aim of attracting consumers to its paid subscription service, scripted series and other original programming is being created by Alphabet Inc’s YouTube for some of its international markets which include France, Germany, Japan, Mexico and India, according to company… Read More ›
Month: July 2018
SoftBank’s New Payment App To Rival Apple And Samsung In Japan
Japan’s blossoming digital payments industry is being eyed by one of the world’s largest tech companies. A new online and mobile payment app called PayPay will be launched in Japan by SoftBank in partnership with Yahoo Japan. The app is set… Read More ›
China to invest more in infrastructure to offset trade war impacts on its economy
Chinese policymakers have ample room to boost fiscal outlays in government spending, with one of the options being sprucing up much-needed urban facilities, including parking lots and retirement homes, rather than plough in funds in mega projects. According to Chinese… Read More ›
Thomson Reuters Corp’s Financial and Risk unit to be renamed Refinitiv after acquisition
David Craig, the current head of Thomson Reuters Corp’s Financial and Risk unit will become the CEO after the completion of the deal, which is expected to close by 2018. According to a statement by U.S. private equity firm Blackstone… Read More ›
Samsung Securities Co’s CEO resigns in the wake of fat finger error
South Korea’s financial regulators have fined Samsung Securities Co for its $105 billion ghost stock error. On Friday, Koo Sung-hoon, Samsung Securities Co’s CEO resigned from his job following the imposition of a 144 million won fine on the company…. Read More ›
Facebook Misses Market Growth Estimates, Shares Plunge 20%
Following the comment from the chief financial officer of Facebook that the revenue growth of the company would “continue to decelerate in the second half of 2018”, the shares of the company tumbled by more than 20 per cent during… Read More ›
An All-Out Trade War Between US And EU Averted After Trump-Junker Meet
Following talks between United States president Donald Trump European Commission chief Jean-Claude Juncker, both the parties reached an agreement to avoid an all-out trade war and continue efforts to lower tariffs. Trump described the talks as being “a very strong… Read More ›
The ECB’s options vis-a-vis its bond buying program
The following is an interesting take on the options available to the ECB on ways to stimulate economic growth and curate inflation in the Eurozone. The European Central Bank is likely to maintains its stimulus policy on Thursday, given the… Read More ›
Reason prevails: Trump avoids opening second front in trade wars
The deal reached between Junker and Trump is likely to be the foundation for formal agreements between the EU and the US based on WTO guidelines. In a significant development, the meeting of the European Commission President Jean-Claude Juncker with… Read More ›
Crude oil prices jump after Saudi Arabia temporarily suspends shipments through the Bab al-Mandeb strait
Yemen backed Iran-aligned Houthi movement attacked two of its Very Large Crude Carriers, one of which suffered minor damages. With Saudi Arabia, the world’s largest producer of crude oil, suspending the shipment of crude through the strategic Red Sea shipping… Read More ›