The International Monetary Fund has warned that a decade of development will be lost for the poorest countries of the world because of the novel coronavirus pandemic unless there is concerted and urgent help provided to those countries. There is… Read More ›
Sustainability
Air Travel Within China To ‘Fully Recover’ Next Month, Predicts A Travel Data Firm
A global travel data firm has said by the start of next month, flights within China should fully recover. Since the novel coronavirus pandemic resulted in the grounding of the majority of planes in China February, there has been a… Read More ›
UK Being Bullied By China, Says The US, Citing HSBC’s Handling Of Hong Kong-Related Accounts
A renewed criticism of British Bank HSBC was initiated by the United States Secretary of State Mike Pompeo on Wednesday with a statement by talking about the reported behavior and conduct of the bank towards its pro-democracy customers in Hong… Read More ›
Dual Listing Planned By Ant Financial Targeting $225 Bn Valuation
According to reports, a dual initial public offering (IPO) – one in Hong Kong and the other in Shanghai, is being planned by billionaire Jack Ma’s Ant Group within the next few weeks, according to reports. The company is aiming… Read More ›
‘Constructive’ Trade Talks Held Between The US And China
After completion of talks over their so-called “phase-one” trade deal, after the rising tensions between the United States and China delayed the discussions which were to be held earlier this month. The US Trade Representative said after the meeting that… Read More ›
Much Desired Inflation In Japan Could By Spurred By Pandemic, Says Economist
According to the analysis of the Hideo Hayakawa, a former top economist of Japan’s central bank, the country could see an increase in inflation because of the novel coronavirus pandemic impact which has boosted the amount of money flowing into… Read More ›
12-Fold Rise In Stocks On Debut For Chinese Medical Firm At Shenzhen Exchange
After getting listed at the Shenzhen stock exchange in China, stocks of a Chinese medical firm soared nearly 12-fold on its debut as investors saw potential in the company’s products during the novel coronavirus pandemic. Share of Contec Medical Systems,… Read More ›
Online Shopping Surge Results In Japanese Credit Card Firms Running Out Of Card Numbers
A surge in online shopping in the wake of the novel coronavirus pandemic in Japan has resulted in a shortage of credit card numbers in the country. According to a report published by the Mainichi Shimbun newspaper, coming up with… Read More ›
Stocks In Exxon, Chevron And Rio Tinto Divested By Major Investment Firm
Its stocks in some of the world’s biggest oil companies and miners that have been held responsible for lobbying against climate action have been dumped by a Nordic hedge fund worth more than $90bn. As a part of its new… Read More ›
Michel Barnier Of EU Says UK-EU Trade Deal ‘Seems Unlikely’
It “seems unlikely” at this stage that a trade deal between the United Kingdom and the European Union would be possible after Brexit, said the negotiator for the EU. He was “disappointed” and “concerned”, said Michel Barnier while speaking after… Read More ›