Malaysia state fund Khazanah records pre-tax loss of $2 billion
Khazanah declared RM1.5 billion dividends to the government, up from the 2017 dividends of RM1 billion announced before last May’s general election. Malaysia’s…
Ghosn’s 3rd bail request approved
Bail was set at 9 million US dollars. The Tokyo District Court on Tuesday approved the release on bail of Carlos Ghosn, the former Nissan Motor Co. chairman. Bail was set at ¥1…
Myth of China’s economic growth collapsing
The myth of growth in which auto and housing sales continue to support the economy has collapsed. The National People’s Congress of China began Tuesday in Beijing. This year is…
China again urges US to drop Huawei CFO extradition
Canada has begun its extradition process and a high court will rule on Meng Wanzhou’s extradition. Beijing firmly opposes Ottawa’s obstinate procession with Huawei…
Japan turns to smartphone payments
Businesses, consumers increasingly turn to smartphone payments as modus operandi. More and more businesses are introducing cashless payment services via smartphones, with quick,…
Vice-Premier Liu to visit US for trade talks
Talks have been progressing but hopes that trade war will be scaled down remains low. News At the invitation of the US, Vice-Premier Liu He will visit Washington for the seventh…
Will US-led offensive against Huawei present dilemma for South Korea
The US has pressured its allies to act against Huawei, accusing the company of spying for the Chinese government. With the United States continuing to warn its European allies…
Japanese government to establish organization to keep eye on IT firms
The body will scrutinize financial dealings by tech giants. The government is finalizing plans for a new organization dedicated to comprehensively monitoring the business dealings…
VN stocks jump on 2019 earnings outlook
The stock market and the economy look set for a bombastic 2019. Vietnamese shares rose strongly on Tuesday to extend gains for a second session as investor sentiment remained…
Investor Jim Rogers to visit North Korea next month
The famed investor will visit Pyongyang at Kim Jong-un’s invitation. Jim Rogers, a renowned investor and chairman of Rogers Holdings, plans to visit North Korea next month…