Author Archives

• Saudi Arabia – Largest Crude Producer, sees Fading of Oil Glut

  By admin2 on June 25, 2016 • ( 0 )

  

  Strong signals that the glut that has plagued the oil market since 2014 is coming to an end is getting evident in Saudi Arabia, a country nearly synonymous with plentiful crude supplies. In the longest stretch since the Joint Organizations… Read More ›

• Warrants Issued by South Korean Court Against VW Executive over Emission Probe

  By admin2 on June 24, 2016 • ( 0 )

  

  In another blow to the German automaker Volkswagen’s efforts to move on from the emission scandal, a South Korean court on Friday issued the first warrant for the arrest of a Volkswagen AG executive in connection with its cheating of… Read More ›

• The Legal Nature of UK’s Brexit Referendum

  By admin2 on June 24, 2016 • ( 0 )

  

  While there has been wide spread reactions to the majority of people in the UK voting to leave the EU, the question that many are asking is whether the Thursday’s referendum on Brexit legally binding. “No” is the simple answer… Read More ›

• EY Survey Finds High Degree of Distrust towards Japanese Employers by their Employees

  By admin2 on June 23, 2016 • ( 0 )

  

  While it might sound like a great thing – lifetime employment is not always so if one hates the place of work. This is what a survey report in Japan has found out while in reference to the plight of… Read More ›

• Toshiba Sued over its Accounting Scandal by Japan Government Pension Fund

  By admin2 on June 23, 2016 • ( 0 )

  

  A law suit that claims nearly $10 million in damages has been filed against Toshiba by Japan’s $1.3 trillion public pension fund. The damages have been claimed after the fund lost money following the accounting scandal that pushed down the… Read More ›

• Money Transfers Seem Like “Sending an iMessage” as Banks Try Ripple Blockchain

  By admin2 on June 22, 2016 • ( 0 )

  

  In a move that could make the process of using blockchain technology faster and cheaper, several global banks including Santander and UBS are conducting real-world trials using blockchain technology for international cross-border payments. Technology provided by U.S. start-up Ripple to test… Read More ›

• Ex-Deutsche Bank Executive in Asia Sues Lender for $17 Million

  By admin2 on June 22, 2016 • ( 0 )

  

  The German firm Deutsche Bank AG is being sued for HK$135.3 million ($17 million) in a wrongful dismissal claim filed with Hong Kong’s labor tribunal by a former co-head of Asia corporate finance at the bank – Douglas Morton. According to… Read More ›

• What’s in Store for the Oil Industry if there’s a Brexit?

  By admin2 on June 21, 2016 • ( 0 )

  

  There would be a fall in the price of oil – but not for long, predicts the Societe Generale’s head of oil market research, if the U.K. public votes to leave the European Union (EU). With a positive reaction seen… Read More ›

• Airwave Tussle Likely for GM’s Talking Cadillac as it Steers on Collision Course with Silicon Valley

  By admin2 on June 21, 2016 • ( 0 )

  

  Cars, that would tend to fulfill a safety vision decades in the making, that can automatically brake to avoid collisions is being rolled out by General Motors Co. The company announced the rolling out of a sedan laden with gadgets… Read More ›

• Possible Brexit Forces British Companies to Prepare for Long Night

  By admin2 on June 18, 2016 • ( 0 )

  

  Extra funds, pre-written statements and plans for late-night vigils by teams of consultants are being done by British companies as preparations for the possibility that the country will vote to leave the European Union. A last-minute flurry of preparations in… Read More ›