Saturday, July 13, 2024
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Merry Gel Sigui

Merry Gel Sigui
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A multimedia journalist focused on producing articles about controversial global issues specifically on business, economy, politics, and technology. A strong believer in freedom of the press and exposing the wrong. only through engagement and communications can we as humans evolve. An accredited member of a leading local broadcast media organization.

Vietnam Tycoon Truong My Lan Sentenced to Death in $12.5bn Fraud...

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Vietnam, 22 April, 2024 Vietnam's judiciary has delivered a severe verdict in the country's largest financial fraud case, sentencing property tycoon Truong My Lan...

Addressing Crime Challenges: A Call for Comprehensive Strategies

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Learn about the incident involving Secret Service agents and Naomi Biden, revealing insights into Washington's crime surge. Delve into the ongoing investigation, the city's safety challenges, and the need for comprehensive strategies to address the root causes of rising crime.

Jiuzhang Quantum Computing Device Achieves Breakthrough in AI Speed

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Jiuzhang Quantum Computing Device Achieves Breakthrough in AI Speed Jiuzhang, a quantum computing device developed by scientists in China, has achieved a significant breakthrough...

UK Prime Minister Rishi Sunak Meets with President Biden in Historic...

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The Oval Office Meeting: UK Prime Minister Rishi Sunak Meets President Biden In the historic Oval Office of The White House, UK Prime Minister Rishi...

Maybank introduces financing solution for EV, hybrid users

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KUALA LUMPUR: Malayan Banking Bhd (Maybank) has unveiled a groundbreaking integrated auto finance solution that addresses all facets of owning an electric vehicle (EV)...

Malaysia Banks to be held up by resilient earnings

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PETALING JAYA: As investors seek refuge in better yielding stocks amid recessionary fears, banks may notice an increase in interest. Despite the fact that financial...

South Korea chip inventory climbs the fastest in 27 years

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In January, South Korea’s semiconductor inventory increased at its quickest rate in in 27 years. Highlighting a protracted tech recession that is holding back...

Rapid Synergy Director Accused of Fraudulent Misrepresentation

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Allegations of fraudulent misrepresentation against Rapid Synergy Bhd's Yu Kuan Chon and Yu Kuan Huat raise concerns over compliance with regulations protecting minority shareholders and fair trading practices in Malaysia.

New Russian offensive underway in Ukraine, says NATO

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KYIV: Days before the first anniversary of Moscow’s invasion heavy artillery bombardment was being directed at the eastern Ukrainian city of Bakhmut. As the...

US forces returning to Philippines to counter China threats

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More than 30 years after the closure of its sizable bases there, the US has been taking steps to rebuild its military power in...

International trade rises as commerce ministry lays out 2023 plans

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Combodia: According to Pan Sorasak, minister of commerce, “in-depth reforms in all areas,” “improved export competitiveness. ” And an increasingly favorable business and investment...

Asian FX, stocks rise as strong U.S. GDP data aids risk...

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The Philippine Peso and the Malaysian Ringgit led advances among Asian currencies on Friday. As overnight data revealed the U.S. economy’s resiliency, increasing investor...

EU faces big subsidy rift before facing US

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Sweden’s KIRUNA: There are growing concerns that the continent’s heavyweights may benefit at the expense of the smaller member states. As the European Union...

Taiwan bans use of Zoom in government conferences

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The Taiwanese government has instructed all public agencies to stop the use of zoom in video conferencing after it was revealed that the app’s...

Apple’s acquisition of weather app Dark Sky is sad news for...

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The popular weather predicting app Dark Sky announced in a blog post on Tuesday that it has been acquired by Apple, noting that it...

Japanese tech giant Softbank launches 5G service

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The Tokyo-based multinational technology company, SoftBank Corp., has joined the ultra-fast 5G race in Japan as it officially launched its wireless offerings last week. It...

Qatar Airways seeks government aid to keep flying

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Several airlines have already suspended operations amid the travel restrictions imposed due to the coronavirus pandemic, but Qatar Airways said it continues to operate...

Airline traffic in Asia plunged in February due to coronavirus

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The Association of Asia Pacific Airlines (AAPA) announced on Thursday that the international passenger demand in the region fell by 43.9% in February as a...

Global authorities warn of fraud and scam amid coronavirus pandemic

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International law enforcement agencies are encouraging the public to be more vigilant as scammers and fraudsters take advantage of the coronavirus pandemic to prey...

Australia wards off recession through $11 billion stimulus package

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The Government of Australia has recently unveiled a stimulus package worth $11.4 billion (A$17.6 billion) designed to curb recession due to the economic impact...

Offshore Secrets Unveiled: Politicians, Tycoons Exposed in Leaked Files

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In 2013, the world was shaken by the International Consortium of Investigative Journalists (ICIJ) as it released the report dubbed “offshore leaks” which exposed around 130,000 offshore accounts and trusts across the globe. Published by more than 40 media organizations, it was considered as the largest collaboration of investigative journalists who probed into the secrets […]

Vietnamese government want to begin construction of new international airport this...

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The Vietnamese government plans to speed up the disbursement and site clearance processes in order to commence the first construction phase of a new...

Singapore to issue “stop-work order” to companies that do not allow...

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The Ministry of Manpower (MOM) of Singapore has warned that it will be issuing stop-work orders on firms that do not take serious efforts...

More Bangladeshi workers at risk as apparel industry collapses

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As the coronavirus pandemic worsens, millions of workers in Bangladesh’s garment factories are being released from their respective companies without incomes. Bangladesh is considered as...

Filipino-Chinese businessman arrested for “pandemic profiteering”

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The Philippine National Police-Criminal Investigation and Detection Group (CIDG) nabbed a Filipino-Chinese businessman for profiteering and hoarding of medical supplies amid the coronavirus pandemic. Jackson...

Australia pledges additional $80 billion coronavirus stimulus to rescue jobs

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The Australian government announced that it plans to spend $79.85 billion (A$130 billion) to subsidize the salaries of more than 6 million workers who...

Google offers $340 million in Ads credits to help small businesses

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As part of its coronavirus response package, Google is offering $340 million in Ads credits to small and medium-sized businesses that have active accounts...

Gardenia Malaysia speaks up about viral video of product tampering

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Gardenia Bakeries (KL) Sendirian Berhad said that the viral video showing a delivery man stealing slices of bread from the packaging was not taken in...

Gaming giant Minecraft offers free educational lessons amid coronavirus lockdown

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With more and more schools worldwide being shut as part of the governments’ efforts to contain the coronavirus, the Western game Minecraft is offering...

India imposes world’s largest coronavirus lockdown

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Prime Minister Narendra Modi on Tuesday placed the entire India under a “complete lockdown” effective that midnight local time. With a total population of 1.3 billion...

Another pandemic? Fears grow as China reports case of Hantavirus

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The English-language Chinese news outlet Global Times reported on Monday that a man in Yunnan, China died and tested positive for a hantavirus. This has...

COVID-19 Update: Risks for different age groups explained

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Medical YouTube channel MedCram recently discussed the preliminary fatality data in the United States that was released by the Centers for Disease Control and...

Global markets rise as US nears trillion-dollars’ worth stimulus package

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After a sudden sink last month, world stock markets sharply soared Tuesday following the announcement of the United States that it is now working...

COVID-19 Update: Reinfection is not possible, say experts

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In the recent medical lecture of Dr. Roger Seheult in the YouTube channel MedCram, he has addressed the issues on the possibility of coronavirus...

South Korean exports jump as employees worldwide work from home

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The outbound shipments of teleconferencing equipment and components from South Korea have soared to 10% in the past weeks as many employees around the...

Malaysia’s largest mineral water company to boost production to 900 million...

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Spritzer Berhad, Malaysia’s largest producer of bottled water plans to boost its production capacity to 900 million bottles by next year to meet the...

Singapore Airlines grounds hundreds of planes, trims 96% of capacity

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A total of 185 out of 196 aircrafts of the Singapore Airlines (SIA) will be grounded amid the intensified border controls worldwide in efforts...

Philippines mandates BPOs to settle “Work from Home” policies until March...

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Following the implementation of an enhanced community quarantine in the entire Luzon, including Metro Manila, the Philippine Government has ordered all Business Process Outsourcing...

Indonesia set to surge oil imports as global crude prices plunge

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The Energy and Mineral Resources Ministry of Indonesia announced that it will increase the import volume of crude oil while the global prices remain low...

Malaysia maintains stock trading amid coronavirus lockdown

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The Malaysian government and Bursa Malaysia have reiterated that they will not suspend the local stock exchange despite the implementation of lockdown in the...

Economists: Global market is already in recession due to coronavirus pandemic

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American and European economic experts said that the recession in global economy is already here considering the deepening impacts of the coronavirus disease 2019...

Volkswagen hit with $34 Billion fine over diesel scandal; shares plan...

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The world’s largest carmaker, Volkswagen, disclosed that it will spend a sum of $34.69 billion equivalent to 31.3 billion euros to pay fines and...

Japanese retail giant Uniqlo reopens stores in China

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Fast retailing company, the owner of Japan’s Uniqlo, announced that it has reopened most of it stores in China, particularly those located outside the...

Internet speed slows down globally due to coronavirus

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Billions of people around the world have been raising concerns over the limitations of internet speed, connectivity and capacity amid the coronavirus pandemic. The growing...

Gas station owner charged for $500M fraud scheme

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The owner of a California-based gas station face charges for allegedly stealing around $500 million government funds to expand a biodiesel fraud scheme with...

Amazon becomes “go-to” e-commerce site amid coronavirus

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As millions of people around the globe are urged to stay indoors to halt the spread of the coronavirus pandemic, American e commerce giant...

Filipinos struggle amid coronavirus quarantine

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Effective March 16, the Philippines’ largest island, Luzon, has been placed under “enhanced community quarantine” as the government grapples to contain the fast spreading...

Angiotensin receptor blockers could be used to treat coronavirus, researchers say

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Global scientists continue to struggle to develop a treatment for the Coronavirus Disease 2019 (COVID-19) that has already infected over 180,000 and killed more...

Malaysians brace for economic and social impacts of lockdown

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In Malaysia, more than 32 million people will be confined to their homes beginning March 18 as the government’s nationwide lockdown takes effect following...

Filipinos raise concerns over ‘enhanced community quarantine’ amid coronavirus

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Philippine President Rodrigo Duterte intensified the government’s efforts to contain the coronavirus outbreak by placing the entire Luzon island under “enhanced community quarantine” effective...

Global stock markets stumble as coronavirus pandemic spreads

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Not long enough after the 2008 global financial crisis, the world was rocked anew as the stock markets in different countries have plummeted due...

Japan and South Korea to continue discussions over export controls

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During their marathon session last week, the governments of Japan and South Korea have both agreed to continue their talks about their ongoing trade...

Bill Gates resigns from the Boards of Microsoft and Berkshire Hathaway

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The world’s second-richest man, Bill Gates, has stepped down from the Board of directors of tech giant Microsoft and multinational conglomerate holding company Berkshire Hathaway to...

Disney shuts tourism businesses in response to the coronavirus

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The Walt Disney Company has now closed all its eleven Disney theme parks across Asia, Europe and North America as a precaution due to the...

2 execs of Thai aviation industry resign amid coronavirus crisis

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The president of Thai Airways and the director of Suvarnabhumi International Airport have separately tendered their resignation letters on March 12 as the coronavirus...

Vietnam cuts gold prices due to decline in demand

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While gold rates saw a plunge in the global market this week, the makers of the precious metal in Vietnam had to trim down...

Italy closes majority of businesses as coronavirus cases mount

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All restaurants, bars, and non-essential company shops in Italy are forced by the government to shut operations following the World Health Organization’s declaration that...

Singapore to grant $10 million to San Diego pharmaceutical company for...

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The Government of Singapore has awarded San-Diego based Arcturus Therapeutics a grant that could reach up to $10 million if it succeeds in creating a...

Grab PH suspends thousands of users over fraudulent activities

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Ride-hailing giant Grab has banned 125,000 users in the Philippines who were found involved in fraudulent activities like creating multiple accounts, making frequent cancellations...

Tesla eyes building a Cybertruck factory in central USA

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Tesla Inc. Chief Executive Officer Elon Musk said that he is searching for a site in the central United States that could serve as...

Philippine government releases list of coronavirus-related travel bans affecting the country

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As the number of confirmed coronavirus cases in the Philippines continues to rise, the national government has reiterated the travel restrictions it has imposed...

Dutch brewer Heineken invests US$183 million for Brazil plant expansion

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Heineken NV has embarked on an 865 million reais (US$183.14 million) expansion of its Ponta Grossa brewery in Brazil in a bid to ramp...

Philippines declares health emergency, cancels public events amid coronavirus

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Philippine President Rodrigo Duterte declared a “state of public health emergency” on Monday as the Coronavirus Disease 2019 (COVID-19) started spreading in the country’s...

Founder of India’s Yes Bank faces money laundering charges

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The founder of one of India’s biggest financial institutions—Yes Bank, was arrested on Sunday by the financial crime detectives over money laundering allegations....

Oil price plunges as Saudi Arabia retaliates with Russia

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The prices of oil fell sharply on Monday following Saudi Arabia’s launch of price war against Russia which is reportedly unwilling to cut its...

Major Financial Scandals Rock Malaysia’s Corporate Governance

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Amid its remarkable rise from the pre-crisis era that allowed economic industrialization, Malaysia has incessantly face public backlash due to its embroilment in several...

Toyota recalls 3 million vehicles due to fuel pump issues

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Japanese automaker Toyota is forced to recall more than three million vehicles worldwide over fuel pump flaws that could cause the engines to fail. It has recently recalled 1.2 million line-ups of its namesake as well as Lexus models in the United States. The vehicles include cars, minivans, SUVs and trucks which have fuel pumps […]

Global airlines brace for $113 billion revenue hit from coronavirus

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The International Air Transport Association (IATA) has announced a dramatic increase in the damage of the coronavirus to the global airline industry. It said the losses in sales could reach up to $113 billion if Coronavirus Disease 2019 (COVID-19) continues to spread. This amount is way too high from what IATA previously expected in lost […]

Cathay Pacific to pay almost $1M fine over passengers’ data leak

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Hong Kong’s flagship airline Cathay Pacific Airways was fined with $970,000 for a data breach that exposed personal information of millions of passengers. Authorities said that the carrier failed to protect the details of 9.4 million people as their names, passport details, dates of birth, phone numbers, addresses and travel history were leaked in the company’s […]

Japanese drugmaker strives to develop coronavirus treatment

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Japan’s largest drugmaker Takeda Pharmaceutical Company announced that it is currently developing a drug that could treat the coronavirus infection. Takeda is working on a kind of “plasma-derived therapy” that has been proven to cure severe acute viral respiratory infections and might as well be effective for the Coronavirus Disease 2019 (COVID-19). The researchers said […]

Nestle boosts reforestation in Americas to reduce carbon footprint

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Swiss food giant Nestle S.A. has vowed to plant at least three million trees in Mexico and Brazil by next year as part of its reforestation initiative to help combat climate change. This serves as the first phase of the company’s plan to boost agricultural and environmental actions for the attainment of carbon neutrality by 2050. […]

Fears on global medicine shortage grow as coronavirus hit supply chains

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The continued closure of factories in China due to the coronavirus threatens the supply of medicines worldwide as the production of active pharmaceutical ingredients were disrupted. China is the world’s largest maker of drug ingredients and particularly supplies those used for treating diabetes, blood pressure, headaches and fevers. With this, the Government of India has limited the […]

Ex-Microsoft Engineer face fraud charges

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A Former Microsoft Engineer named Volodymyr Kvashuk has been convicted of fraud that could put him in federal prison for up to 20 years. The U.S. Department of Justice (DOJ) said that the conviction covers 18 federal felonies which include five (5) counts of wire fraud, six (6) counts of money laundering, two (2) counts […]

Mobile games download spike amid coronavirus quarantine

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The demand for mobile games has surged as millions of people in China are quarantined and stuck indoors amid fears of the spreading coronavirus that has now claimed more than 3,000 lives. Application analysts reported that the global mobile game downloads jumped to 39% for the month of February. The mainland accounted for a huge […]

Macau casinos’ revenue fell 88% due to COVID-19

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The world’s biggest gambling hub, Macau, has suffered a massive blow from the Coronavirus Disease 2019 (COVID-19) as the casino industry recorded its worst monthly downturn. For the month of February, Macau casinos’ revenue dropped by 88%, compared with the same period last year, due to a 15-day forced shutdown in efforts to contain the […]

Amazon blocks millions of products for price gouging, misleading claims about...

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More than a million products were barred by online retail giant Amazon for charging much higher prices and making false claims that they can help cure the Coronavirus Disease 2019 (COVID-19). The company spokesperson firmly said that “There is no place for Price Gouging on Amazon” after it deleted face masks, respirators and other health […]

Apple will pay $500M in iPhone-throttling settlement

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United States’ technology giant Apple has agreed to pay up to half a billion dollars to settle litigation claiming that it slowed down old models of iPhones to compel users to upgrade. Based on reports, Apple is required by the US District court to pay consumers an amount of $25 per affected device, totaling to […]

Asian markets surge as central banks signal support

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Share prices in Asia got an unexpected boost following the commitment of the Bank of Japan and the U.S. Federal Reserve to help protect markets from the damaging impact of the coronavirus. The Asian markets reversed early losses as investors put their hopes on a harmonized global monetary policy response. BOJ Governor Haruhiko Kuroda, in a rare […]

2 South Korean electronics giants close plants due to virus cases

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Samsung Electronics Co., Ltd. and LG Innotek have separately announced the temporary closure of their manufacturing plants in South Korea after workers tested positive for the coronavirus disease 2019 (COVID-2019). In a company statement, Samsung said that it’s Gumi factory will be closed until Sunday evening as they take all necessary measures, including disinfection, after […]

Carmakers focus on selling online to cope with virus impact

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Giant automakers like BMW, Mercedes-Benz and Tesla are trying to boost their revenues by ramping up their online presence amid the coronavirus outbreak. Most Chinese plants and factories were shut down to contain the outbreak, hardly hitting the sales of automobile industries. While people in the mainland choose to stay indoors and stay away from […]

IMF, World bank express readiness to lend amid virus crisis

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The International Monetary Fund (IMF) and the World Bank have already developed contingency plans to be able to provide funding to the global fight against the coronavirus (COVID-19). IMF spokesman Gerry Rice said that the institutions are willing to lend capital should any state government requests for assistance. “We have various financial instruments that could […]

Facebook files lawsuit against marketing firm for illegal access of users’...

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World’s largest social media site Facebook sued a marketing company named oneAudience, that it accused of “improperly” accessing users’ personal information without their authorization. Facebook filed a federal lawsuit against the New Jersey-based firm which allegedly hired developers to install malicious software development kit, or SDK, in their apps to exploit the “login with Facebook” […]

Tech giant Apple to open first store in India next year

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Apple has been given the green light to open its first Indian store by 2021 after it received a special approval from the Government of India. The tech giant’s CEO, Tim Cook, personally made this announcement during the annual shareholders’ meeting, noting that Indian officials allowed the company to expand in their country even without […]

Disney shares drop after company announced CEO replacement

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Following the unexpected announcement that Bob Iger handed off his position as CEO, The Walt Disney Company’s shares fell by 2.1% on Wednesday’s premarket trading. Reuters reported that this was due to growing concerns whether newly elected top executive Bob Chapek’s experiences are sufficient to handle the media-entertainment powerhouse. “Bob Chapek has less (content experience), […]

Singapore companies cushion virus impact by imposing hiring, pay freeze

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Several companies in Singapore have imposed hiring and salary freeze as they grapple with financial constraints amid coronavirus outbreak.   On Wednesday, the country’s largest developer CapitaLand announced that it will suspend giving wages to employees at the managerial level and above. While its board members and senior management will take up to 15% pay […]

Philippines stocks plunge deepest since 2016 due to coronavirus

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The Philippines has recorded its deepest fall in shares as growing concerns over coronavirus hit Asian and global markets. Based on reports, the Philippine Stock Exchange Index plunged 4.3 % on Wednesday trading, tumbling the most since January 2016. The Bankers’ Association of the Philippines also said that the peso succumbed to the dollar, finishing […]

US drugmaker Moderna submits coronavirus vaccine for testing

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After only six weeks of immunization development, biotech firm Moderna Inc. has shipped the first batch of its experimental coronavirus vaccine to the National Institute of Allergy and Infectious Diseases (NIAID) of the United States. The vaccine, called mRNA-1273, is said to be the first vaccine that will be used by American researchers in a […]

Disney’s CEO steps down, company insider to assume top post

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Walt Disney Co. announced on Tuesday that chief executive Bob Iger has stepped down from the top job after more than 15 years in the service. Bob Chapek, a 27-year veteran of Disney, has been elected as the new CEO by the company’s board. While Iger will assume the role of executive chairman and will direct the […]

Norwegian oil giant cancels plan to drill in Great Australian Bight

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Equinor, a Norwegian multinational energy company, announced that it has abandoned its plan to drill for oil in the Great Australian Bight for reasons that it is “not commercially competitive.” The oil and gas giant was given a green light to start its exploratory drills, at a depth of 2.5 kilometers in South Australia’s coastline, […]

Philippines deports 9 Japanese fraud suspects

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Nine Japanese nationals who are wanted for telecommunications fraud were deported Monday by the Bureau of Immigration (BI) of the Philippines. The suspects, according to the Business World, were identified as Irie Dai, Ishii Kyogo, Hamaoka Kantaro, Maeyama Takuto, Tanaka Kazuya, Yoshida Takeshi, Murata Seiichi, Kouki Shouji, and Imizumi Ryo. Media reports said that the […]

South Korea faces economic difficulty as virus cases climb

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From only 31 cases on February 18, South Korea has confirmed a sudden increase in its coronavirus cases that reached 833 as of Monday afternoon. The government over the weekend declared that the virus alert has been raised to its highest level and intensified quarantine measures to contain the virus spread. Aside from human infection, South […]

India’s travel ban on Singapore threatens tourism

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The Government of India added Singapore to its travel ban list to control the deadly coronavirus outbreak. On Saturday, India released a travel advisory asking citizens to avoid non-essential travel to Singapore. Analysts say that the new advisory will restrain tourist inflow into Singapore considering that India is among its top sources of international visitors. […]

Honda to halt production in the Philippines, leaving 400 Filipinos jobless

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Japanese automobile maker Honda announced that it will close its production plant in Laguna, Philippines by March to meet customers’ needs through “efficient allocation and distribution of resources.” “As such, after consideration of optimization efforts in the production operations in Asia and Oceania region, Honda decided to close the manufacturing operations of HCPI (Honda Cars Philippines […]

Japan’s auto industry forms task force vs COVID-19

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Japanese automakers, in coordination with the central government, have created a task force aimed at addressing the growing threat of the coronavirus outbreak to the country’s automotive industry. The COVID-19 brought wide-ranging impact on the said industry with the extended closure of auto plants in China, including Japanese manufacturers like Honda, Mazda, Mitsubishi and Toyota. According […]

Indonesian bank trims rates to head off coronavirus impact

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The central bank of Indonesia has cut its interest rates by 25 basis points to 4.75% to prevent the impact of the COVID-19 outbreak that hammers the country’s travel, tourism and trade industries. Although Indonesia has not reported any confirmed case of the deadly virus, officials are worried about the fallout from the epidemic. The closure […]

Japanese couple who operated an educational institution sentenced to prison for...

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Yasunori Kagoike, the former head of a Japanese institution named Moritomo Gakuen, and his wife, Junko, were found guilty of defrauding the central and local governments. The couple had been indicted for receiving public subsidies worth ¥56.4 million from the national government for the construction of an elementary school in Toyonaka, Osaka Prefecture between 2016 […]

Malaysian fugitive Jho Low spotted in virus-hit Wuhan

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The fugitive Malaysian financier Low Taek Jho, commonly known as Jho Low, was recently spotted in the coronavirus-center Chinese city according to Malaysian authorities. “Previously, we did receive intelligence that he was active in Wuhan,” said Inspector-General of Police Abdul Hamid Bador. Low is wanted for his huge role in a massive graft scandal, siphoning […]

Huawei’s lawsuit challenging US purchase ban rejected

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Chinese technology giant Huawei loss its legal challenge of the constitutionality of a US law that restricts federal agencies from purchasing its products. A US judge...

Malaysian manufacturers of hygiene products struggle to meet surging demand amid...

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Producers of disinfectants, hand sanitizers, and rubber gloves in Malaysia are struggling to provide global requests which have ballooned due to the COVID-19 outbreak, which has now claimed more than 2,000 lives in China. Channel News Asia reported that local manufacturers of sanitizing products could not produce the expected demand because they lack materials which […]

Uninfected passengers disembark from virus-hit ship in Japan

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Around 500 passengers of the cruise ship Diamond Princess who tested negative and showed no symptoms of coronavirus infection were allowed to leave on Wednesday. They were...

Philippine Airlines appoints new president, raises capital stock by 130%

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The flag carrier airline of the Philippines announced that it will now be controlled by Lucio Tan as he was recently appointed as the...

India emerged as 5th world’s largest economy with $2.94 trillion GDP

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US-based World Population Review announced that India claimed the fifth position in the world’s largest economy rankings for 2019, surpassing the United Kingdom and...

Malaysian companies urged to reduce plastic use to clean oceans

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The World Wide Fund for Nature (WWF) is urging the Malaysian government to work with companies to immediately come up with effective measures to...

Apple won’t hit revenue forecasts due to coronavirus

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American multinational technology firm Apple said during the investor update that it will not meet its target earnings for March as its production and...

Thailand’s 5G auction raises over 100 billion baht

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The National Broadcasting and Telecommunications Commission (NBTC) of Thailand has successfully concluded its 5G spectrum auctions on Sunday which raised a total of 100.52 billion baht...

China to destroy banknotes from coronavirus-hit areas

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All paper currency from hospitals, markets, and buses in some regions of China that have been hard hit by the coronavirus, officially named Covid-19,...

Tesla plans to strengthen financial position by issuing more shares

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American automaker Tesla announced that it would sell $2 billion of common stock in a new public offering in order to purchase another 15%,...

Vietnamese Airlines endure $430 million revenue loss due to coronavirus

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As the coronavirus (now named COVID-19) continues to spread fear in several parts of the world, Vietnamese airlines reported that they were losing up to $430...

3 Filipino church leaders accused of fraud and trafficking in US

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Three top administrators of a Philippine-based church were indicted by an American federal grand jury for alleged immigration fraud and labor trafficking. Guia Cabactulan, Marissa...

Taiwan warns of retaliation against Philippines if travel ban continues

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The Taiwanese government said it could take countermeasures if the Philippines keep its entry ban on Taiwanese over fears amid the coronavirus outbreak. Foreign Ministry...

Nissan sues former chairman and seeks $91 million damages

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Japanese auto giant Nissan Motor Co. has sued its former chairman Carlos Ghosn as it seeks $91 million (for ¥10 billion) in damages. The civil...

Experts blame China for uncontrolled rise in coronavirus deaths

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The coronavirus death toll and diagnoses continue to increase daily, and experts say that this is fueled by China’s lack of control measures, suppression of...

Philippines’ credit rating gets upgrade due to “strong economy”

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American credit watcher Fitch Ratings was impressed with the “very strong” macroeconomic story of the Philippines and gave it an upgraded outlook. The Philippines is...

Contractors to face charges over refurbishment of England’s Grenfell Tower

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Several contractors and executives who are involved in the refurbishment of Grenfell Tower in London are scheduled to appear in court for possible fraud and...

WHO rejects Chinese researchers’ suggestion to prolong virus incubation period

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The World Health Organization (WHO) clarified that there will be no change in its recommendation of the 14-day quarantine period for the novel coronavirus...

New coronavirus surpasses SARS death toll; experts reiterate prevention tips

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At least 1,016 people in mainland China were reportedly killed by the novel coronavirus as of February 11. The figures clearly show that nCov...

Indian ridesharing giant launches in London

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Ola, an Indian ride-hail company, began its operations in London on Monday as part of its continued expansion in the United Kingdom. The firm, which...

Thailand weeps for 29 people killed in mass shooting

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Thousands of Thais attended a vigil on Sunday for the 29 people who were shot dead by a rogue soldier over the weekend. Held at...

Coronavirus hammered Hong Kong’s economy worse than protests

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The trading in Hong Kong has been hit harder by the novel coronavirus compared to the six months of anti-government protests, according to financial...

China accepts help from int’l experts as coronavirus worsens

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The Chinese Government has finally agreed to receive assistance from the World Health Organization to combat the coronavirus that killed at least 900 people...

Telemedicine owners charged in million dollars’ worth fraud scheme

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The owners of telemedicine companies Advantage Choice Care and Tele Medcare were charged for allegedly masterminding a $56 million healthcare fraud scheme. Reinaldo Wilson and...

Nintendo hit by coronavirus; production gets delayed

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Japanese gaming giant Nintendo has confirmed feeling the heat of the novel coronavirus as it disrupts the production and deliveries of some of its...

Airbnb’s new booking rules punish Canadians under 25s

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Short-term rental company Airbnb has seemingly set another punishment for young Canadians as it banned all individuals, aged 25 below, from booking whole properties...

Int’l law firm Appleby criticized over Paradise Papers leak

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The previous decade was probably Appleby’s most miserable era as it was repeatedly criticized by monetary authorities and inspectors for fail regulations on terrorist...

Two scientists with ties to China charged with fraud in the...

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The United States government has separately arrested two China-related scientists found to have committed fraudulent misrepresentations. Li Xiao-Jiang, who previously worked as a neuroscientist at...

UK’s software founder arrested for fraud charges

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Mike Lynch, the former CEO of United Kingdom-based software company Autonomy, has been arrested over charges of fraud and conspiracy. Reports said that the entrepreneur...

Bank exec barred by FED for involvement in Malaysian scandal

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A senior executive of Goldman Sachs Group was permanently banned from working in the banking industry after he was found to have a role...

Lesotho’s first lady surrenders to face murder charges

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The first lady of African country Lesotho has surrendered into authorities on Tuesday after she has been wanted for allegedly murdering the Prime Minister’s...

India implements stricter visa rules amid coronavirus

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The Indian Government has tightened its visa rules as they become one of the 25 countries that have been affected by the novel coronavirus...

China declines virus assistance from US, Taiwan

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The United States Government said China has not yet accepted the offer of assistance of Trump’s administration to combat the coronavirus. America has repeatedly offered to...

China’s TCL to stop release of BlackBerry phones

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TCL communications announced that it will stop the production of BlackBerry devices beginning this August as the licensing agreement officially ends. In 2016, the Chinese...

OPEC advances meeting to discuss oil price cuts amid coronavirus

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Originally scheduled in March, the Organization of the Petroleum Exporting Countries and its allies decided to convene earlier to evaluate the sharp decline in oil...

Philippines recorded first virus death outside China

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The first confirmed fatality outside China from the novel coronavirus has been recorded in the Philippines. According to the country’s Health Department, a 44-year old...

Mitsubishi denies alleged use of emission defeat devices

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Japanese auto giant Mitsubishi Motors Corp defended that it had not committed fraud and used illegal defeat devices in its diesel engines. This after German...

Singapore revises residency scheme to attract more investors

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The Government of Singapore has made it easier for high-performing businessmen and entrepreneurs to apply for the status of Permanent Residence (PR) following significant...

Global companies shut China operations to control virus

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Despite the lack of direct instructions from the Chinese Government to halt business operations in the mainland, several international companies have taken initiatives to...

Pilots Association sues American airlines to stop China flights

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The Allied Pilots Association (APA), a labor union representing American Airlines pilots, filed a lawsuit against the carrier to immediately halt US to China operations. CBS network reported that APA sued American Airlines in Dallas County on January 30 as it seeks for a temporary restraining order to stop China flights amid the coronavirus. In a […]

China’s claim on Spratly violated Philippine sovereign rights, World court says

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The Permanent Court of Arbitration (PCA) said that the Philippine sovereign rights were violated by China as it illicitly claimed jurisdiction over the Spratly Islands. In 2016, the tribunal officially declared that the Philippines has exclusive sovereign rights over the controversial West Philippine Sea (South China Sea), clearly invalidating China’s “nine-dash” demarcation line. Documents released by the world […]

China criticized for failure to provide accurate details and solutions for...

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Thousands of people and experts around the world are criticizing China for withholding vital details and tough measures to control the outbreak of the 2019-novel coronavirus. Chinese scientists failed to share the virus itself to the World Health Organization despite being able to publicize the genome sequence of the virus. Global experts said that if China […]

Demand for Malaysian gloves soar as coronavirus spreads

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The Malaysian Rubber Glove Manufacturers Association (MARGMA) said the global demand for their products has greatly increased following the outbreak of the novel coronavirus that originated from Wuhan, China. MARGMA President Denis Low confirmed that they have received an urgent request from China to deliver adequate supplies of medical gloves which will be primarily used in […]

Starbucks sales hit as 2,000 stores in China shut amid coronavirus

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World’s largest coffee chain Starbucks closed more than 2,000 branches in China and became the first major American company to warn of sales hit due to the deadly coronavirus. Reports claimed that the figures represent half of Starbucks’ total stores in China, its biggest market outside the United States. It was in 1999 when Starbucks […]

Kobe Bryant merchandise sells out after tragic death

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As thousands of fans worldwide mourn the loss of NBA legend Kobe Bryant; Lakers jerseys, Nike shoes and similar gears of the late superstar were sold out in online and physical stores. Nike confirmed that it completely cleared out of Bryant’s merchandise and sneakers. It denied previous reports that it pulled out Kobe’s gears to […]

Canadian robot detected nCov earlier than health officials

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The Centers for Disease Control and Prevention and the World Health Organization have recently confirmed that the initial alert about the virus outbreak came from Canada’s “BluDot.” It is an AI-powered health monitoring platform that uses a sophisticated disease surveillance program to polish news in 65 languages, said Fox Business News. Health officials explained that […]

Chinese companies urge workers to ‘work from home’ to contain virus...

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A number of businesses in China are encouraging their employees to maximize the longer holidays by staying at home or if necessary, just work in their respective abodes. BBC reported that the Chinese government has earlier announced the extension of the Lunar New Year holiday by 3 days to next Sunday. All these initiatives by […]

Japanese postman faces criminal charge for keeping 24,000 mails at home

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A 61-year-old former postman in Japan might be sentenced to three years imprisonment or be fined of about 500,000 yen ($4,600) after reportedly keeping 24,000 letters at his home. The Japanese authorities found the undelivered mails in the man’s house in the Kanagawa Prefecture, near Tokyo. The unnamed man admitted the wrongdoings for the reason […]

Philippine Airlines provides free changes to China flights amid nCov

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As the new strain of coronavirus continues to spread worldwide, the Philippine Airlines (PAL) announced that its passengers with booked tickets to some destinations in China can change their schedules without charge. The flag carrier said that those who have scheduled flights to Beijing, Guangzhou, Hong Kong, Jinjiang, Shanghai, Macau and Xiamen, from January 24 […]

Over 300 tourists in Aklan, Philippines already sent back to Wuhan,...

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Philippine authorities said some 314 Chinese tourists in Kalibo, Aklan have been forcibly repatriated to novel coronavirus (nCov)-stricken Wuhan, China as of January 26. They are among the 500 passengers who left Wuhan and were bound for Boracay before the total lockdown was imposed by the Chinese government. Despite originally scheduled to return to China […]

Sports world mourns sudden death of Kobe Bryant

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Athletes of different sports across the globe mourn the tragic death of NBA legend Kobe Bryant. He and his daughter Gianna were among the nine people killed in a helicopter crash in Calabasas, California, on Sunday. Kobe was 41 while Gianna was 13. Media reports said that basketball courts in Denver and San Antonio were […]

2 Taiwanese electronic companies enter world’s top PC vendors

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Taipei-based Acer Inc. and Asustek Computer Inc. once again made it to the list of the world’s top 10 computer manufacturers in terms of shipments.The results were released by Gartner, a global market information advisory firm, which noted that the Taiwanese PC makers maintained high rankings despite a slight decline in their shares in 2019. […]

India launches first-ever robot astronaut

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The Indian Space Research Organization (ISRO) stole the limelight in the technology sector this week as it unveiled its first half-humanoid robot that is intended to travel space in December. Claimed to have the ability to operate as a companion, the robot was named Vyom Mitra which translates from two Sanskrit words— Vyom means Sky or […]

Auto companies struggle as China locks down “motor city”

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Three automobile companies are among the businesses that were reportedly hit following the Chinese government’s decision to shut down Wuhan City which is the epicenter of the deadly novel coronavirus (nCov). Wuhan is considered as China’s “motor city” for it houses large manufacturing plants including those of the global carmakers Renault (RNLSY), Honda (HMC) and Peugeot owner PSA Group (PUGOY). As […]

Huawei to get limited role in British 5G network

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China’s telecommunication giant Huawei will only get a “limited role” in the United Kingdom’s future 5G network following the recommendation of British government officials. The lawmakers proposed the exclusion of Huawei from the sensitive and data-heavy “core” part of the fifth generation and it will also be blocked from government systems. This was decided in […]

Philippines’ Central bank warns of fake banknote designs circulating on social...

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The Central Bank of the Philippines, or “Bangko Sentral ng Pilipinas” (BSP) in Filipino translation, warned the public against fake designs of banknotes that were recently posted on social media. BSP released an advisory on January 23 saying that the postings were made by an existing Facebook account with the user name “Bangko Sentral ng […]

China’s new coronavirus hits global markets

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"The cost to the global economy can be quite staggering in negative GDP terms if this outbreak reaches epidemic proportions." Thus, said Stephen Innes, an...

Chinese city put on lockdown as coronavirus death toll rises

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The Chinese government on January 23 ordered to put Wuhan City on lockdown to prevent the spread of the novel coronavirus (nCov). Wuhan City, which has an 11 million population, is at the center of the SARS-like virus that killed more than a dozen of Chinese citizens and has infected hundreds of people not only […]

Three Malaysian execs face money laundering charges

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Former Federal Land Development Authority (FELDA) Chairman Tan Sri Shahrir Abdul Samad and former International Trade and Industry Minister Datuk Seri Ahmad Maslan were arrested on...

UN worries about unemployment of 470M people worldwide

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The United Nations’ International Labor Organization (ILO) said it is really worried about the lack of decent jobs of nearly half a billion people...

Tesla to open first European Gigafactory in Germany

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The American automotive company Tesla is set to build its first European Gigafactory near Berlin, Germany’s capital city. Officially announcing the plan in November 2019,...

Philippines reopens businesses closed due to Taal volcano’s eruption

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A week after Philippines’ Taal Volcano became active and spewed ashfall in several regions, lawmakers have finally allowed businesses in some affected areas,...

Philippines’ Jollibee continues overseas expansion after raising $600m from bond sale

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Jollibee Foods Corporation, the Philippines’ largest fast-food operator, kicks off the year right by $600 million (P30.5 million) from its first ever issuance of perpetual...

Toyota invests $394 million in Californian taxi maker

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Japanese auto giant Toyota has recently invested $394 million into the “flying taxi” of Joby Aviation—a Californian-based aerospace company.  Toyota is set to manufacture a...

Cathay Pacific offers unpaid leave to staff amid financial loss

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In an aim to cope with the financial damage caused by protests, Hong Kong’s Cathay Pacific Airways has offered up to one month of unpaid...

WHO urges Asia to strengthen infection preparation as SARS-like virus spread

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The World Health Organization suggested that Asia has to step up its measures for infection prevention and control following reports of a China virus outbreak. Media...

German Chancellor hopes to resolve dispute with Huawei

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The Chancellor of Germany, Angela Merkel, hopes to address the issue of whether to exclude Huawei as a supplier of the country’s 5G wireless equipment. Merkel...

Pinterest surpasses Snapchat in the US after gaining 82m users

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Based on the latest estimates of eMarketer, Pinterest ended 2019 with a boom in the number of its users that totaled to 82.4 million.  The market tracker...

Amazon authorizes sellers to use FedEx after lifting its ban

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The E-commerce company Amazon announced that its third-party sellers can start using FedEx’s ground delivery as it has already lifted its ban that took...

Taiwan President wants China to “face reality and show respect”

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In an exclusive interview with the BBC, Taiwan’s President Tsai Ing-wen said that China needs to accept the fact that her country has long been sovereign.  "We're...

Thai regulations hurdle Tesco’s sale of Asian assets

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Tesco's plan to sell its Asian assets may face scrutiny due to the new anti-competition regulations imposed by the Thai government. Sakon Varanyuwatana, chairman...

What to expect next as US-China trade deal gets inked

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Investors across the globe can now expect a "fair and reciprocal trade" said US President Donald Trump as his country’s deal with China finally got...

Philippine Gov’t totally bans deployment of workers to Iraq

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Amid escalating tensions in the Middle East, the Philippine Overseas Employment Administration (POEA) has imposed a total ban on the deployment of overseas Filipino...

Volcano eruption won’t hit Philippines GDP, says Economist

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The National Economic and Development Authority (NEDA) of the Philippines said that the economic impact of Taal Volcano’s eruption does not pose a significant slowdown...

Top investment manager says climate crisis could reshape finance

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BlackRock’s CEO Larry Fink recently claimed that climate change could trigger a fundamental restructuring of finance as it is worse than the inflation spike...

India’s restriction on palm oil hurts Malaysian refiners

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Refiners from Malaysia are expected to be greatly hit with India’s restriction on refined bleached deodorized oils and palm olein imports. The Indian Ministry of...

Australia saves wildlife by airdropping food

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The month-long bushfires in Australia have created an adverse impact on the wildlife, with millions of animals killed and habitats destroyed.With this, the Australian...

Microsoft CEO’s comment on India’s Citizenship Law drew backlash

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Speaking at a Microsoft event in New York, the company CEO Satya Nadella expressed his remarks on the new Citizenship Amendment Act (CAA) of...

Snowstorms hit Afghanistan, Pakistan killing 54 people

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At least 54 people were reported dead due to the severe weather that struck some parts of Afghanistan and Pakistan. The authorities said that the death...

India to investigate Amazon and Flipkart over alleged illegal discount practices

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The Competition Commission of India (CCI) has launched a massive investigation into eCommerce giants Amazon and Flipkart who were allegedly involved in unethical anti-competitive...

Power plants in areas affected by Ph’s volcano eruption continue to...

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First Gen Corp announced that it has maintained operations in its four power plants in Batangas, Philippines despite the eruption of the Taal Volcano,...

Saudi maintains stable oil supply amid growing tensions

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Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman said they are taking significant measures to sustain oil market stability and prices at a time...

British airline Flybe maintains operations amid collapse threat

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The England-based airline Flybe has maintained normal flights despite media claims that it is currently in talks over emergency financing following huge losses. It was...

Animal rescue groups save afflicted species in PH’s Volcano eruption

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Animal welfare organizations such as the Philippine Animal Welfare Society (PAWS), People for the Ethical Treatment of Animals (PETA) Asia and Guardians of the...

Hong Kong’s financial sector unmoved by protests

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Hong Kong's Chief Executive Carrie Lam said their city’s financial strength remains intact despite the month-long protests launched against the government that has also...

Public and private sectors in PH join forces to send aid...

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Philippines’ President Rodrigo Duterte has ordered all government agencies including the Armed Forces of the Philippines, Department of Energy, Department of Health and Department...

Britain’s oldest department store at closure risk

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The 140-year-old department store Beales, one of Britain’s oldest, is at risk of closing its 22 stores if it fails to find a buyer...

PH seismology bureau warns of volcanic tsunami if Taal’s intensity raised...

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The Philippine Institute of Volcanology and Seismology (Phivolcs) said Monday morning that the Taal volcano could bring a “volcanic tsunami” if activities escalate. ...

Tsai Ing- Wen claims victory in Taiwan presidential race anew

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Taiwanese President Tsai Ing-Wen has secured her second term in office following a landslide victory in the January 11 elections. Tsai, who represented the...

Philippines cancels flights due to Taal Volcano eruption

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Philippines’ Taal Volcano, located near its capital city Manila, erupted Sunday afternoon, forcing airline companies to cancel several flights. The Ninoy Aquino International Airport (NAIA) stopped...

Despite criticisms, Facebook maintains policy on political ads

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Social media site Facebook announced that it would stick on its policy allowing political ads on its platform despite criticisms that politicians only use...

US and China vowed to resolve economic disputes through comprehensive dialogue

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Apart from inking the Phase 1 trade deal between the United States and China on January 15, the two nations have also agreed to...

Russia’s Olympic ban referred to sport’s arbitration court

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The Court of Arbitration for Sports (CAS) will soon hear Russia’s appeal on its four-year Olympic ban as it was formally referred by the...

National leaders say Iranian missile struck down Ukraine Int’l flight

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The Prime Ministers of Canada, United Kingdom and Australia have similarly affirmed that an Iranian surface-to-air missile shot down the Ukrainian jetliner that crashed...

Philippines elevates ban on Japanese food imports

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After almost ten years, the Philippines' Department of Foreign Affairs (DFA) announced that it has elevated restrictions on agricultural and seafood imports from Fukushima...

World stocks rise as Mid-East tensions wane

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The world's stocks reached a record high with more market gains following the lower tensions in the Middle East. Investors have reportedly bet on faster global...

Iranian Soleimani’s death served “American Justice,” says President Trump

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US President Donald Trump gained support from countrymen when he defended that the killing of Iranian’s top military commander was prompted by a “bold...

President Trump boasts US’ investment boom in Ohio rally

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Speaking in front of thousands of supporters during a campaign rally held Thursday night in Toledo, Ohio, US President Donald Trump shared that his...

Tesla’s market value surpassed Ford’s and General Motors’

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The market value of Californian automotive company Tesla has increased by 7%, surpassing that of Ford’s and General Motors’ combined worth. For the first time,...

China’s new investment law: yay or nay?

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The Chinese government on January 1 launched its new Foreign Investment Law (FIL) which allows it to further open its market and equalized the...

Furniture company IKEA to pay $46 Million settlement to family of...

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Ikea, a European company that specializes in furniture and kitchen appliances, has agreed to pay an amount of $46 million to the family of...

Facebook bans deceptive, modified media

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Facebook’s Global Policy Management President Monika Bickert said they have removed modified images and videos that were intended to deceive millions of users. She said...

TV makers stun CES 2020 with super HD units

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Televisions will no longer just be viewing appliances as TV manufacturing giants showcased super high definition models that can serve as hubs to control...

Australia’s bushfires hit businesses leading to more than $2 billion economic...

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Several companies in Australia, including resorts, factories and insurance firms, have been reportedly hit as the summer’s devastating bushfires continue to rage. With fires ripping through...

Prices of crude oil soar after Iran’s missile attacks on US...

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The prices of crude oil increased to $65.65 equivalent to 4.5% per barrel in Asian trade while global stock prices fell down. Reports claim that these...

Money trader Travelex down after getting victimized by cyberattack

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The London-based foreign exchange company ‘Travelex’ was forced to shut down its online systems across the globe after falling into cyber traps on New...

Hyundai to produce flying taxis for Uber

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Hyundai Motor Company is set to produce flying cars for ride-hailing giant Uber as part of the latter’s aim to provide air taxis by...

A “Prototype City of the Future” will rise in Japan, says...

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Toyota Motor Corporation, a Japan-based multinational automotive manufacturer, recently shared the good news of transforming a 175-acre former car factory into a “Prototype City of...

China and Russia scolded by the US for failure to condemn...

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The United States slammed China and Russia for blocking the condemnation of the recent attack on the American Embassy in Baghdad. US officials were angered as China...

US-Iran tensions put world market on edge

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"The new year has started with a bang in so far as volatility is concerned." Thus, said technical analyst Fawad Razaqzada at Forex.com noting that the...

UK gov’t denies claims about overpriced HS2 railways

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The Government of the United Kingdom downgraded Deputy Chair Lord Berkeley’s claims that the development of the High Speed 2 (HS2) project has an...

UK’s Clydesdale and Yorkshire Banks hit due to customers’ wage delays

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British banks Clydesdale and Yorkshire are currently in hot water following complaints over errors in customers’ salaries and payments. The patrons of the two banks took their...

Emirati app ‘Totok’ returns to Google Play Store after spying charges

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The Middle East’s messaging application called “Totok” is again available for download at the Google Play Store following the denial of spying accusations against...

Amazon employees warned of being fired for speaking out environmental issues

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Multinational tech company Amazon allegedly threatened to fire some employees who spoke out negatively about its environmental policies. This was claimed by Amazon Employees for Climate...

China’s Ant Financial applies for banking license in Singapore, joining Grab...

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Shortly after Razer and Grab, world’s highest-valued FinTech company “Ant Financial” applied for a digital wholesale banking license in Singapore in its aim to promote...

Volkswagen eyes settlement with customers over ‘dieselgate’ scandal

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Germany's largest car company Volkswagen has confirmed entering a discussion with the Federation of German Consumer Organisations or Verbraucherzentrale Bundesverband (VZBV) for possible settlement...

Microsoft claims mimic websites from North Korean hack group

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Microsoft was delighted to announce that it had taken control over 50 websites that were operated by a hack group in North Korea. This after the American technology...

Smart tech maker Wyze admits leak of customer data

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US-based smart home technology company Wyze Labs Inc. has confirmed the leakage of databases of its millions of customers. The leak was first reported by Twelve Security, a...

25 dead in India’s Citizenship Law protests

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India has experienced a bloody holiday because at least 25 people were reportedly killed in the violence and more than 260 police personnel have...

Missing Taiwan military official confirmed dead in helicopter crash

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Taiwan’s Air Force General Shen Yi-ming and seven other defense officials were confirmed dead after their helicopter crashed in a mountainous part of Taipei due to...

Mexican leader slams predecessors for allowing drug lord “El Chapo” hold...

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Mexico President Andres Manuel Lopez Obrador, in his year-end address, criticized the preceding administrations for allowing imprisoned drug lord Joaquín 'El Chapo' Guzman wield...

Thailand, France and Mexico strengthen environmental protection with plastic ban

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As a way to start the decade right, countries like Thailand, France and Mexico have announced separately their implementation of the single-use of plastic bags as...

Taiwan’s Air Force General went missing after helicopter crash landing

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Taiwan's top military official Shen Yi-ming was among the three individuals reported missing after their helicopter made an emergency landing in northern Taipei. In an interview, the...

Electric car maker Tesla secures billion-worth loan to finance Shanghai Gigafactory

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Tesla Inc., has confirmed entering into agreements with Chinese lenders for a secured term loan facility of up to 9 billion yuan ($1.29 billion) in order...

Fast-food chain sued by Bruce Lee’s daughter for copyright infringement

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Real Kungfu, a popular Chinese fast-food chain, is being sued by Shannon Lee's Bruce Lee Enterprises for using the image of the late martial...

Court rules Turkey’s Wikipedia block as unconstitutional

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The high court of Turkey has ruled that the government’s two-year-old ban on Wikipedia is unconstitutional. Following a 10-6 vote in favor of the multilingual online encyclopedia,...

Israel’s PM Netanyahu wins landslide victory despite corruption charges

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The embattled Israeli Prime Minister Benjamin Netanyahu claimed a “giant victory” after capturing 72% of votes in a primary election for leadership of the ruling Likud party. Despite...

Iraq president offers to resign after rejecting PM candidate

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Iraq’s President Barham Saleh rejected to name Iran-backed Governor Asaad al-Eidani as their country’s next prime minister in his hope “to avoid more bloodshed and in...

Media network CNN says Amazon sells fake and dangerous kids’ products

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American news-based pay television channel CNN published an article entitled “Fake and dangerous kids’ products are turning up for sale on Amazon” citing a 4 in 1...

Russian President claims lead on hypersonic weapons, surpassing US

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From merely catching up with the United States in the past, President Vladimir Putin of Russia claims that their country is now the world leader on...

Uber co-founder Travis Kalanick to resign from ride-hailing giant board

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Uber’s co-founder and former CEO Travis Kalanick is set to step down from the board of directors of the world’s largest ride-hailing company effective December 31. Kalanick...

Hong Kong protesters returned to streets on Christmas Day

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Shouting popular slogans "Liberate Hong Kong” and “Revolution of our times,” hundreds of protesters in Hong Kong once again took to the streets on Christmas Day....

Global stock markets slip on Christmas Eve

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With numerous major global markets closed for Christmas, the equity markets across the globe mostly slipped in a subdued trading held few hours before the 25th....

Chinese supplier of Tesco claims prison labor allegations untrue

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"This is completely fabricated and slander. We have never established any commercial relationship with Qingpu prison." Thus, said General Manager Lu Yunbiao of Zhejiang Yunguang Printing, the...

Croatia sets run off for presidential post as no candidate wins...

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For the second time in a row, Croatians need to choose their next President during the scheduled runoff on January 5. This, after no...

US study finds massive errors in face recognition

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Amid widespread deployment of facial recognition systems for tightened security, a recent study of the US government showed that this AI (Artificial Intelligence)-based technology can actually produce...

Canada condemns Russia and China over vetoed Syria aid

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The Government of Canada and other countries involved in the United Nations Security Council condemned Russia and China for leading the veto of a resolution to continue the...

British grocery chain Tesco ends production at Chinese factory over forced...

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Tesco, a U.K.-based grocery chain, has stopped its production of Christmas cards at a Chinese factory following claims of alleged prison labor. According to reports,...

German cabin crew union threatens Lufthansa airlines with strikes after Holidays

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Excluding the days of merriment, German flight attendants’ union UFO said it might stage strikes against Lufthansa, the flag carrier and largest German airline, any...

Australian PM Scott Morrison faces anger for taking Holiday amid bushfire...

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  Australia’s Prime Minister Scott Morrison has faced criticisms after taking a vacation as bushfires raged in their country that resulted in the death of...

World Bank President urges lawmakers to prioritize debt management to avert...

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As the World Bank warns a ‘global wave of debt,’ its President, David Malpass stressed that “debt management and transparency need to be top priorities for...

Robocash’s license revoked for operating unauthorized branches—SEC

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The Securities and Exchange Commission (SEC) of the Philippines revoked the license of Robocash Finance Corporation for running several branches that are not approved by the authorities. Robocash...

Bank of England presscon hacked, hedge funds benefited

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The Bank of England’s security was breached as an audio of its press conference got hacked and was accessed by high-speed traders, minutes before the scheduled broadcast, in their attempt to make a profit advantage. Reports claim that having advance access to the audio feed of BOE Governor Mark Carney could have given hedge funds […]

SHARP FACTS ABOUT SCISSORS

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S-C-I-S-S-O-R-S are one of the most versatile tools ever invented. Big thanks to the brilliant mind in Egypt who produced this around 1500 BC. This pair...

“Smear campaign” against Emirati products shut by Dubai

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The Dubai Media Office (DMO) has forcefully shut what it considered as a systematic smear campaign against products that were manufactured at the Jebel...

UK financial system threatened by climate change

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Banks and insurers in the United Kingdom are critically horrified by the huge financial risks that climate change brings. With environment and economy being...

Biased party-line votes lead Trump’s bogus impeachment

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In a last-ditch effort, outgoing Democrat congressmen voted to embarrass the United States of America and its people with the bogus impeachment of President...

Former Malaysian PM Najib speaks up on alleged link to 1MDB...

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For the first time since his alleged involvement in the 1Malaysia Development Berhad (1MDB) scandal in April, Malaysia’s former Prime Minister Najib Razak spoke...

Five top tech firms face lawsuit over child death in DRC

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USA’s technology giants Apple, Dell, Google, Microsoft, and Tesla were recently sued over the death of children involved in cobalt mining in the Democratic Republic of the Congo (DRC).

Samsung Chairman sentenced to 18 months in prison for union sabotage

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Months after the Huawei controversy, this time, another globally renowned electronic company will be in the spotlight as its Chairman gets jailed for violating...