The rising infections of Covid-19 in Japan has forced authorities in the country to cancel the very well known Tokyo Motor for the first time in the 67 year history of the event, Cancellation of this event comes at a… Read More ›
Regulations & Legal
Strategies For Achieving Zero Emissions By 2050 Being Made By Taiwan
Following severe criticism by green groups of the Taiwanese government of not doing enough to fight climate change, Taiwan has started a process of making an assessment of how it can achieve a target of zero emissions by 2050. This… Read More ›
Australia-China Relations Get Worse With Canberra Cancelling Road And Belt Initiative Deals
The already strained relations between Australia and China degraded further after Australia scrapped agreements linked to China’s Belt and Road initiative. This move has provoked anger from Beijing. The Australian federal government made use of its new powers to cancel… Read More ›
JPMorgan To Deploy $2.5 Trillion To Fight Climate Change
A huge investment is to be made towards fighting climate change by the largest bank of the United States. A total of $2.5 trillion over 10 years will be either financed or invested by JPMorgan Chase (JPM) to fund solutions… Read More ›
China’s Economy Continued Rebound From Pandemic With 18.3% Q1 Growth
The Chinese economy reported a 18.3 per cent growth in the first quarter compared to the same period a year ago – when the economy was severely battered by the covid-19 pandemic. This is the highest quarterly growth of the… Read More ›
Weaker Economic Recovery For 5 Southeast Asian Countries Due To Lingering Covid-19 Restrictions: IMF
Its forecast for a number of Southeast Asian economies was downgraded by the International Monetary Fund even while becoming more optimistic about the fortunes of the global economy and the broader Asia-Pacific region. The five largest developing economies in Southeast… Read More ›
China crackdowns on Jack Ma’s Ant group with vengeance
In a development that marks the risks of doing business in China, where Chinese rulers through courts hold absolute power, Chinese regulators have imposed a sweeping restructuring on Jack Ma’s Ant Group, in a move aimed at curbing its valuation… Read More ›
Deliveroo’s IPO Flop Not A Deterrent For British Cybersecurity Firm Darktrace To List In London
Concerns that the poor initial public offering by the British food delivery app Deliveroo did not deter the United Kingdom based cybersecurity start-up Darktrace to announce plans to go public in London. This was announced by Darktrace on Monday. The… Read More ›
Big Relief For US EV Makers Comes From Deal Between Korean Battery Firms
A deal on an intellectual property dispute has been reached between two major makers of lithium batteries that are used for electric vehicles. An unresolved dispute had threatened to hit the supply of batteries crucial for boosting production of electric… Read More ›
Chinese regulators impose exemplary fine on Jack Ma’s Alibaba Group Holdings
Alibaba Group Holdings Ltd have been fined an exemplary $2.75 billion (18 billion yuan) by Chinese regulators for violating anti-monopoly rules and abusing its dominant market position; it is the highest antitrust fine ever to be imposed by Chinese regulators… Read More ›