The Singapore police force has warned the public to watch out for fakes in the run-up to Lunar New Year after a sixfold surge in seizures of bogus HK$100 banknotes was recorded last year, according to police figures. Police said… Read More ›
Economy & Finance
UK’s car industry reels under Brexit heat
A clean break with EU’s single market will leave the UK’s car industry high and dry. It is no wonder that car manufacturing companies in the country have lobbied hard against Brexit. Brexit has not only put London’s financial credentials… Read More ›
To manage Debt, Advantage of Low Rates are Not Being Taken by Europeans
Before there is any serious turn in the monetary policy tide, Europeans never had a better opportunity to sort out their debt after years of record-low interest rates. However a recent study has found that the problem is that Europeans… Read More ›
In Trade-Deal Talks with Trump, May Pledges to Put U.K. First
As British Prime Minister Theresa May seeks to give the U.K. a leading role in world commerce after Brexit, she promised to put Britain first in trade talks with U.S. President Donald Trump this week. After she was challenged over… Read More ›
Weak Safeguards Shown by Samsung Note 7 Battery Fires, says U.S.
A U.S. consumer-safety regulator has concluded that the electronics industry’s voluntary standards for the design and manufacture of rechargeable batteries aren’t adequate has been revealed by defects that caused Samsung Electronics Co.’s Note 7 phones to burst into flames last… Read More ›
As Lawmakers Challenge Her Power, U.K.’s May Faces Brexit Revolt
U.K. Prime Minister Theresa May’s talks over leaving the European Union is getting complicated as she is battling a rebellion from her own lawmakers. Demanding that May publishes an official government document detailing her negotiating goals, at least six Conservative… Read More ›
EU tells China to walk the talk
Although Chinese President Xi Jinping has called for “inclusive globalization” China itself has enforced strong capital controls and has placed measures that impede global investment in its economy. With Chinese President Xi Jinping talking about protectionism at the World Economic… Read More ›
GE could potentially prop up Nigeria’s oil assets
The development has manifold potential for Nigeria – not only will it substantially slash its oil import bill but it could also strengthen its creaking power grid. In a strategic move aimed at recouping sunken cost in Nigeria’s oil refineries,… Read More ›
To Reduce Cyber Risks, EU Mulls Banking Stress Tests as Attacks Grow
As concerns grow about the industry’s vulnerability to hacking, European Union officials and sources said that the bock is considering testing banks’ defenses against cyber attacks. With criminals finding new ways to target banks beyond trying to illicitly obtain details… Read More ›
In Spite of Trump’s TPP, Nafta Moves, Optimism Emerges in Canada
Signs of optimism emerged from Justin Trudeau’s government that it can escape the upheaval relatively unscathed on a day when Donald Trump backed out of one trade deal that included Canada and pledged to reopen a second. With Trump atop the… Read More ›
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