The novel coronavirus pandemic has severely hit global demand resulting in the exports of Japan dropping by double digits in the month of June, marking the fourth straight month of exports decline. This has again reinforced the anticipation that the… Read More ›
Regulations & Legal
Concurrent IPO Plans By Chinese Fintech Giant Ant In Shanghai And Hong Kong
The Chinese fintech firm Ant Group has initiated the process of going public through two simultaneous initial public offerings – one in Shanghai and the other in Hong Kong. Shares of the company on both the Shanghai stock exchange’s STAR… Read More ›
TikTok Says It Is ‘Not Under Chinese Government’s Thumb’
Accusations brought against it that it is completely controlled by the Chinese government have been denied by the video sharing app TikTok. The company would refuse any request from China to hand over data, said Theo Bertram, TikTok’s head of… Read More ›
Britain to suspend extradition treaty with Hong Kong
On Monday, in a significant development, reports from the Daily Telegraph and the Times stated, Britain will be suspend its extradition treaty with Hong Kong today following forceful introduction of China’s national security law in the former British colony. Accusing… Read More ›
Resolute Response To UK If Its Officials Are Sanctioned, Says China
There will be resolute response from China against the United Kingdom if there is any attempt by London to impose any sanctions against Chinese officials related to the imposition of the controversial new national security law in Hong Kong. This… Read More ›
EU-US Data Privacy Pact Struck Down By Europe’s Top Court
Following a court ruling that the transatlantic agreement in its current form is insufficient to protect the data of European citizens from United States surveillance, new modes of transferring of data from Europe to the United States now may have… Read More ›
Microsoft President Says Staggering Jobs Challenge Faced Globally
According to the president of Microsoft, Brad Smith, with about a quarter of a billion people set to lose their job this year because of the novel coronavirus pandemic, the world is facing a staggering jobs challenge. And with the… Read More ›
UN And IEA Calls For Converting To Energy-Efficient Cooling Systems To Fight Climate Change
A new report from the United Nations Environment Programme and the International Energy Agency has urged that one of the major ways to reduce the emission of greenhouse gases and limiting climate change is to converting to energy-efficient cooling systems… Read More ›
India Reaches Agreement For Air Corridors With US, France And Germany
Scheduled international flights into the country are being allowed by India for the first time since the outbreak of thee novel coronvirus pandemic in March. The establishment of “air bubbles” between India and the United States, France and Germany was… Read More ›
New York Governor Andrew Cuomo announces $750M investment program to expand electric vehicle infrastructure
In a development that underscores the growth of electric vehicles, New York Governor Andrew Cuomo announced an investment program that allocates $750 million to build charging stations and other electric-vehicle infrastructure, as part of New York’s state’s long term goal… Read More ›