Market value worth more than $170 billion from the entire crypto currency market was wiped off on Monday after a fall in the value of bitcoin and other digital coins. According to Coinmarketcap, at 12:10 p.m. Singapore time, the total… Read More ›
Strategy
Investigators Find Evidence Of SolarWinds Hacks Used Known Russian Spying Tools
According to researcher probing the huge cyber espionage campaign on entities in the United States which was discovered last month, claimed that the suspected group that conducted the cyber attack used malicious computer code that had links to spying tools… Read More ›
‘Unjustified’ Foreign Trade And Business Regulations To Be Countered By China
With the deteriorating relations between the United States and China, a set of new rules for countering “unjustified” laws and restrictions imposed in foreign countries on Chinese companies and citizens has been published by China’s Ministry of Commerce during the… Read More ›
Reserve Target Raised By IMF Due To Enhanced Risks Of Its Credit Exposure
Due to a sharp increase in financial risks since 2018, the International Monetary Fund (IMF) said that the medium term target for the fund’s precautionary reserves has been agreed to be raised by its Executive Board. The IMF said in… Read More ›
Bahrain opens airspace with Doha from January 11
In a development that sees the end of a regional dispute, Bahrain’s civilian affairs authority said, it will open its airspace to Qatar from January 11. The development comes in the wake of a U.S.-backed deal by Arab states last… Read More ›
U.S. investment powerhouse KKR closes Asia Pacific infrastructure fund at $3.9 billion
On Monday, KKR & Co, a U.S.-based investment powerhouse stated, it has closed a fund targeting infrastructure-related investments in Asia Pacific at $3.9 billion. In a press release KKR said, the fund was its first in the region for the… Read More ›
U.S.-Taiwan relation elevated to global partnership
On Monday, in a development of significant geostrategic importance, Taiwanese Foreign Minister Joseph Wu stated, U.S.-Taiwan relations have been elevated to a global partnership while describing the U.S. lifting of restrictions on interactions between officials from both sides as a… Read More ›
Morgan Stanley, and Goldman Sachs JPMorgan to delist some HK-listed structured products following U.S. ban
In a statement, Morgan Stanley, and Goldman Sachs JPMorgan said, they will delist 500 Hong Kong-listed structured products following a U.S. ban on investments in companies Washington has labeled as deemed to be linked to the Chinese military. The Hong… Read More ›
Boeing Agrees To A $2.5bn Settlement In US Over 737 Max Conspiracy Charges
United States aircraft maker Boeing has agreed to settle criminal charges in the country about it hiding information from safety officials about the designing flaws of its 737 Max planes and has agreed to pay an amount of $2.5bn. Boeing… Read More ›
Google’s Chrome Browser Changes To Be Investigated By UK’s Competition Watchdog
An investigation into Google’s proposals to remove third-party cookies and other functions from its Chrome browser will be investigated by the competition watchdog of the United Kingdom. The decision to probe the proposed changes were initiated after concerns were raised… Read More ›
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