Things are crawling back to normal in South Korea, with South Koreans once again thronging shopping malls, parks and even restaurants as Seoul relaxes social distancing rules midst continued downtrend in coronavirus cases. In recent weeks, a growing number of… Read More ›
overseas
Japan’s Daikin to expand into Africa, eyes sales upwards of $812.71 million from Africa and Middle East
Having emerged as a top player in the fiercely price sensitive Indian market, Daikin the world’s biggest manufacturer of air conditioning equipment maker is one of the few Japanese companies that can compete head to head with the Chinese. The… Read More ›
Foreign investors sold Japanese equities worth $7.06 billion in May-June 2018
Having purchased substantially in the first half of the month, foreign investors turned net sellers once the Trump Administration raised the ante, escalating the trade dispute into a potential trade war against Chinese imports to the U.S. aimed at balancing… Read More ›
Here’s how the U.S. industry is going to benefit from the tax overhaul
The Republican-led overhaul of the U.S. tax code, a milestone in U.S. history, has direct and indirect benefits but the sectors that are likely to gain the most are highlighted below with notes from analysts. With the Republican-led U.S. House… Read More ›
Alibaba to consolidate its global logistics network with an infusion of $15 billion
Alibaba is aggressively pushing to streamline and make more efficient its global logistics network. In a move aimed at expanding its footprint in markets overseas, Chinese e-commerce giant, Alibaba Group has announced that it will sink in $15.12 billion (100… Read More ›