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IMF says China should keep exchange rate flexible as trade war intensifies
IMF says China should keep exchange rate flexible as trade war intensifies

  The International Monetary Fund says China should keep its exchange rate f [ ... ]

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Trump labels China as 'currency manipulator,' as yuan drops to historic lows
Trump labels China as 'currency manipulator,' as yuan drops to historic lows

  U.S. President Donald Trump has lashed out against China for manipulating it [ ... ]

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Japan considered undeveloped in AI, says SoftBank CEO
Japan considered undeveloped in AI, says SoftBank CEO

  One of Japan's top businessmen says his 90-billion U.S. dollar venture fu [ ... ]

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Bill Gates' wife Melinda Gates: Trump 'isn't being true' to American values
Bill Gates' wife Melinda Gates: Trump 'isn't being true' to American values

  Melinda Gates has accused US President Donald Trump of not being "true" to Ame [ ... ]

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Coffee sales in 2019 projected to reach US$5.8 bil. or 300 cups per person
Coffee sales in 2019 projected to reach US$5.8 bil. or 300 cups per person

  A report by the Hyundai Research Institute projects the local coffee industry's  [ ... ]

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Deutsche Bank to cut 18,000 jobs worldwide in radical restructuring
Deutsche Bank to cut 18,000 jobs worldwide in radical restructuring

  Deutsche Bank has announced a plan to cut 18-thousand jobs by 2022 to boost  [ ... ]

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Huawei denies conducting research for Chinese military
Huawei denies conducting research for Chinese military

  Huawei's top legal officer claims the company does not customize products no [ ... ]

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FedEx sues US Commerce Department over export controls in Huawei dispute
FedEx sues US Commerce Department over export controls in Huawei dispute

  Global delivery firm FedEx has a 'special delivery' for the U.S. government. [ ... ]

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Fed keeps benchmark interest rate unchanged, but signals rate cuts in future
Fed keeps benchmark interest rate unchanged, but signals rate cuts in future

  The U.S. Federal Reserve has kept interest rates unchanged,... but hinted  [ ... ]

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Huawei signs deal with Russian telecoms firm to develop 5G
Huawei signs deal with Russian telecoms firm to develop 5G

  China's Huawei has signed a deal with Russian telecoms firm MTS to develop 5G  [ ... ]

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Mastercard drops Neymar from campaign amid rape allegation
Mastercard drops Neymar from campaign amid rape allegation

  Mastercard has canceled a planned advertising campaign featuring Brazilian s [ ... ]

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World Bank downgrades 2019 global economic outlook to 2.6%
World Bank downgrades 2019 global economic outlook to 2.6%

  The World Bank has downgraded its global economic outlook for this year to two [ ... ]

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Fed Chairman Jerome Powell hints at possible rate cut if necessary, citing trade war with China
Fed Chairman Jerome Powell hints at possible rate cut if necessary, citing trade war with China

  The head of the U.S. Federal Reserve has hinted at a possible interest rate  [ ... ]

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Generation Z seeks fun and relies on influencers when shopping
Generation Z seeks fun and relies on influencers when shopping

  It appears those born in the mid-90s or later - have unique shopping habits... [ ... ]

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China's Huawei holds world's No. 2 smartphone spot in Q1: Report
China's Huawei holds world's No. 2 smartphone spot in Q1: Report

  China's telecom company Huawei maintained its spot as the world's second-l [ ... ]

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Fiat Chrysler proposes merger with Renault
Fiat Chrysler proposes merger with Renault

  Italian-American automaker Fiat Chrysler proposed joining forces with French [ ... ]

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Huawei calls on Korean chipmakers to continue their parts supply
Huawei calls on Korean chipmakers to continue their parts supply

  South Korean companies are finding themselves stuck in the middle of t [ ... ]

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Huawei kicked out from Wi-Fi Alliance, SD Association, other standard groups
Huawei kicked out from Wi-Fi Alliance, SD Association, other standard groups

  The bad news keeps piling up for under-fire Huawei.
Reports say the Chinese [ ... ]

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Trump announces new US$16 bil. aid package for American farmers hit by trade war
Trump announces new US$16 bil. aid package for American farmers hit by trade war

  U.S. President Donald Trump has announced a new 16 billion dollar aid package  [ ... ]

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IMF says US companies are paying China tariff costs
IMF says US companies are paying China tariff costs

  The International Monetary Fund says companies in the U.S. are paying al [ ... ]

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Reaction to collapse of Jamie Oliver’s restaurant chain
Reaction to collapse of Jamie Oliver’s restaurant chain

  Jamie Oliver's restaurant chain has become the latest to collapse into adminis [ ... ]

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US slows hiring of Chinese nationals by chip makers
US slows hiring of Chinese nationals by chip makers

  The United States is slowing approvals for its semiconductor companies to hire [ ... ]

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'Boycott Apple' Movement grows in China as U.S. goes after Huawei
'Boycott Apple' Movement grows in China as U.S. goes after Huawei

  The intensifying trade war between China and the U.S. is prompting Chinese [ ... ]

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US delays Huawei ban for 90 days
US delays Huawei ban for 90 days

  The United States has decided to allow Huawei to purchase U.S. made products [ ... ]

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Google reportedly cuts off some business with Huawei following Trump's trade blacklist
Google reportedly cuts off some business with Huawei following Trump's trade blacklist

  The U.S., China trade is only heating up with few signs of cooling down. Followin [ ... ]

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Trump administration restricts Huawei, 68 affiliates from using U.S. supplies
Trump administration restricts Huawei, 68 affiliates from using U.S. supplies

  The U.S. has been lobbying for months to prevent its western allies from using [ ... ]

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Global markets tumble as China hits back at U.S. with retaliatory tariffs
Global markets tumble as China hits back at U.S. with retaliatory tariffs

  And heightened tensions between the world's two biggest economies sent glo [ ... ]

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US-China trade talks break down; trade war to resume
US-China trade talks break down; trade war to resume

On the economic front,... the two-day trade negotiations between the U.S. and China. [ ... ]

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Shared kitchens increasingly popular
Shared kitchens increasingly popular

Time now for our "Life & Info" segment,... where we focus on information useful fo [ ... ]

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China threatens retaliation as US files to raise tariffs
China threatens retaliation as US files to raise tariffs

  Refusing to pull any punches,... China says it WILL retaliate after the Un [ ... ]

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Federal Reserve holds interest rates steady at 2.25%-2.50% as U.S. economy grows at solid rate
Federal Reserve holds interest rates steady at 2.25%-2.50% as U.S. economy grows at solid rate

  The U.S. Federal Reserve left its key interest rate unchanged despite re [ ... ]

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China signs US$ 64 bil. worth of deals for Belt and Road Initiative
China signs US$ 64 bil. worth of deals for Belt and Road Initiative

  Chinese President Xi Jinping says some 64 billion U.S. dollars worth of deals we [ ... ]

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Belt and Road Forum kicks off in China
Belt and Road Forum kicks off in China

  China is hosting a forum on its Belt and Road project, the foreign policy in [ ... ]

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Netflix movies will still be eligible for Oscars next year
Netflix movies will still be eligible for Oscars next year

  Netflix and other streaming services will not face a tougher road to the Osc [ ... ]

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South Korean e-sports going global
South Korean e-sports going global

  South Korea is one of the world's leading countries in field of E-sports --  [ ... ]

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Oil prices surge to 6-month high as U.S. announces Iran oil embargo
Oil prices surge to 6-month high as U.S. announces Iran oil embargo

  Global oil prices have hit a six-month high after skyrocketing for two consecu [ ... ]

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Men's K-beauty set for success on world stage?
Men's K-beauty set for success on world stage?

  The ‘Hallyu’, or the Korean wave continue to make big on the global stag [ ... ]

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S. Korea's top inheritance tax rate the second highest in OECD
S. Korea's top inheritance tax rate the second highest in OECD

  Inheritance tax rates vary by each country,... but South Korean heirs pay so [ ... ]

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US, China trade talks will be successful: Trump
US, China trade talks will be successful: Trump

  The U.S.-China trade dispute that rocked global financial markets in recent mo [ ... ]

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Trump renews attack against Federal Reserve, claiming it has hindered US growth
Trump renews attack against Federal Reserve, claiming it has hindered US growth

  Blaming the U.S. Federal Reserve for hindering the country's economic growth [ ... ]

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IMF official warns global economy facing various threats; downgrades forecast
IMF official warns global economy facing various threats; downgrades forecast

  The head of the IMF is warning that the global economy,... which is alread [ ... ]

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EU leaders agree to delay Brexit until October 31
EU leaders agree to delay Brexit until October 31

  EU leaders have granted an extension to Brexit, setting a new deadline of Octobe [ ... ]

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Ghosn: ‘Conspiracy at Nissan led to my arrest’
Ghosn: ‘Conspiracy at Nissan led to my arrest’

  Former Nissan Chairman Carlos Ghosn has claimed he is innocent and accused e [ ... ]

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Cryptocurrency and its future outlook
Cryptocurrency and its future outlook

  We're seeing more and more people in South Korea using services involving  [ ... ]

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Jeff Bezos remains world's richest after most expensive divorce on earth
Jeff Bezos remains world's richest after most expensive divorce on earth

  The founder of Amazon has finalized his divorce with his now ex-wife,... a [ ... ]

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US China close in on final trade agreement to end spat
US China close in on final trade agreement to end spat

  The U.S. and China are negotiating a way to end their trade spat. This ro [ ... ]

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IMF chief says global economic growth has lost momentum
IMF chief says global economic growth has lost momentum

  The head of the IMF Christine Lagarde.... is warning that global economi [ ... ]

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Market action for the week in global stocks
Market action for the week in global stocks

  29 March 2019 - It's time now for an in-depth look at the market action to [ ... ]

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Europe's first underwater restaurant opens in Norway
Europe's first underwater restaurant opens in Norway

  Europe's first underwater restaurant has opened in Norway with more than sev [ ... ]

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Samsung issues rare profit warning for Q1 2019
Samsung issues rare profit warning for Q1 2019

  Samsung Electronics has taken the rare step of announcing that it expects  [ ... ]

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China orders 300 planes from Airbus worth 34 billion
China orders 300 planes from Airbus worth 34 billion

  Chinese President Xi Jinping and French President Emmanuel Macron have signed 15 [ ... ]

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Italy becomes first G7 nation to sign up for China's 'Belt and Road'
Italy becomes first G7 nation to sign up for China's 'Belt and Road'

  Despite concerns raised by the U.S. and the European Union, Italy has signed [ ... ]

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Google slapped with third antitrust fine of US$1.7 bil by EU
Google slapped with third antitrust fine of US$1.7 bil by EU

  The EU has slapped Google with another big antitrust fine,.... this one for on [ ... ]

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Fed keeps benchmark interest rate unchanged at 2.25-2.5% range
Fed keeps benchmark interest rate unchanged at 2.25-2.5% range

  The Federal Reserve has left U.S. rates unchaged. No more rate hikes are  [ ... ]

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Deutsche Bank and Commerzbank in merger talks
Deutsche Bank and Commerzbank in merger talks

  Germany's two biggest lenders, Deutsche Bank and Commerzbank, have confirm [ ... ]

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HDB BTO Balloting Time reduced from 6 weeks to 3 weeks from May 2019
HDB BTO Balloting Time reduced from 6 weeks to 3 weeks from May 2019

At the Committee of Supply debate today, the Ministry for National Development announced measures to [ ... ]

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Italy set to endorse China's One Belt, One Road, raising eyebrows in U.S.
Italy set to endorse China's One Belt, One Road, raising eyebrows in U.S.

  Italy is set to join China's massive One Belt, One Road project, becoming th [ ... ]

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ECB to keep rates unchanged at 0% for 2019 amid weakening economy
ECB to keep rates unchanged at 0% for 2019 amid weakening economy

  The European Central Bank hinted it'll keep interest rates unchanged for the r [ ... ]

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Forbes 33rd Annual World's Billionaires list released
Forbes 33rd Annual World's Billionaires list released

  Forbes magazine has released its 33rd annual ranking of the world's billionair [ ... ]

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Apple and Goldman Sachs teaming up for credit card
Apple and Goldman Sachs teaming up for credit card

  Apple and Goldman Sachs are joining hands to launch a new credit card.... wh [ ... ]

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Global recession on the horizon: Paul Krugman
Global recession on the horizon: Paul Krugman

  Nobel Prize-winning economist Paul Krugman says a global recession is on t [ ... ]

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Hotel booking sites to end 'misleading' sales tactics
Hotel booking sites to end 'misleading' sales tactics

  Expedia and trivago are among six online hotel booking sites that will m [ ... ]

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Federal Reserve holds rates stable at 2.25-2.5%, will be "patient"...
Federal Reserve holds rates stable at 2.25-2.5%, will be

  The U.S. Federal Reserve has frozen its target interest rate,... signaling an en [ ... ]

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Apple's Q1 revenue declines as iPhone sales drop 15%
Apple's Q1 revenue declines as iPhone sales drop 15%

  30 Jan 2019 - Apple has released its earnings report for the first fiscal quar [ ... ]

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US Justice Department accuses Huawei of fraud, intellectual property theft
US Justice Department accuses Huawei of fraud, intellectual property theft

  The U.S. Justice Department has filed several federal charges against Chin [ ... ]

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Google fined €50 million in France for breaching online privacy rules
Google fined €50 million in France for breaching online privacy rules

  French data regulators have fined Google 50 million euros, or 57 million d [ ... ]

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China posts lowest growth level in 28 years at 6.6% for 2018
China posts lowest growth level in 28 years at 6.6% for 2018

  New preliminary figures out of Beijing show China's growth rate plumme [ ... ]

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Cristiano Ronaldo in court with wife-to-be Georgina Rodriguez for tax fraud charges
Cristiano Ronaldo in court with wife-to-be Georgina Rodriguez for tax fraud charges

  Juventus striker Cristiano Ronaldo arrives in court in Madrid with partner Geo [ ... ]

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Seoul taxi driver attempts self-immolation in protest against Kakao's carpooling service
Seoul taxi driver attempts self-immolation in protest against Kakao's carpooling service

  A taxi burst into flames in central Seoul on Wednesday evening,... after the d [ ... ]

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World Bank’s Jim Yong Kim to join private equity firm after shock resignation
World Bank’s Jim Yong Kim to join private equity firm after shock resignation

  The president of the World Bank, Jim Yong Kim, will join a private equit [ ... ]

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280kg Bluefin tuna nets US$3.1 million at Tokyo auction
280kg Bluefin tuna nets US$3.1 million at Tokyo auction

  Bluefin tunas are known to be expensive, but a New Year's auction in Tokyo o [ ... ]

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Global stocks plunge after "Apple shock"
Global stocks plunge after

  Let's start with the carnage on financial markets around the world.   M [ ... ]

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Trump-Xi phone call aims to break trade war
Trump-Xi phone call aims to break trade war

  U.S. President Donald Trump has held phone talks with his Chinese counte [ ... ]

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Asian stocks retreat on major sell-off on Wall Street
Asian stocks retreat on major sell-off on Wall Street

  Asian stocks retreated today.   Some of them were already dealt a [ ... ]

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Global stock markets swimming in sea of red
Global stock markets swimming in sea of red

  U.S. stocks fell sharply again on Thursday... on the threat of a partial gov [ ... ]

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Fed defies Trump; raises interest rates
Fed defies Trump; raises interest rates

  Our top story this morning... The U.S. Federal Reserve has defied continued [ ... ]

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China demands release of Huawei CFO Meng Wanzhou
China demands release of Huawei CFO Meng Wanzhou

  China is demanding the release of Huawei's chief financial officer who has been  [ ... ]

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Mobile bank Monzo raises £18 mil in three hours
Mobile bank Monzo raises £18 mil in three hours

  Mobile-only bank Monzo has hit its crowdfunding target after raising £18 mill [ ... ]

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French Queen Marie Antoinette pearl sold for record price at auction
French Queen Marie Antoinette pearl sold for record price at auction

  A pearl once belonging to 18th Century French Queen Marie Antoinette has sold for  [ ... ]

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Chinese shoppers spend 31bil on Singles' Day
Chinese shoppers spend 31bil on Singles' Day

  We all love a good bargain, but nothing simply comes close to the massive purcha [ ... ]

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Google employees go on strike
Google employees go on strike

  In New York,... more than three thousand Google employees protested in a city  [ ... ]

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World falling into recession 2018?
World falling into recession 2018?

  "Uncertainty" is a word we've been hearing more and more on the news these days. [ ... ]

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Stocks on Wall Street suffer worst day in eight months on Wednesday
Stocks on Wall Street suffer worst day in eight months on Wednesday

  Carnage on the markets.
U.S. stocks posted their worst single-day drop in mont [ ... ]

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US Federal Reserve raises interest rates by 0.25%
US Federal Reserve raises interest rates by 0.25%

  In a highly-anticipated move,... the U.S. Federal Reserve has hiked interest [ ... ]

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Will China tax iPhone 25%? Trump to place new tariffs on USD200 bil of Chinese goods...
Will China tax iPhone 25%? Trump to place new tariffs on USD200 bil of Chinese goods...

  Despite his Treasury Secretary's attempts to revive trade talks with China,  [ ... ]

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Alibaba's founder Jack Ma to step down next September; leaves with cool hairstyle
Alibaba's founder Jack Ma to step down next September; leaves with cool hairstyle

  The founder of Alibaba announced he will step down from his post, next Sep [ ... ]

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Trump ready to slap tariffs on US$200 billion of China imports: report
Trump ready to slap tariffs on US$200 billion of China imports: report

  U.S. President Donald Trump is reportedly ready to impose tariffs on 200 billi [ ... ]

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Coca-Cola to buy Costa Coffee for £3.9 billion
Coca-Cola to buy Costa Coffee for £3.9 billion

  Whitbread has struck a deal to sell the Costa Coffee chain to Coca-Cola for £ [ ... ]

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Argentina raises interest rates to 60% as peso continues to drop
Argentina raises interest rates to 60% as peso continues to drop

  Argentina's central bank has raised interest rates to 60 percent - up from 45 -  [ ... ]

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Turkish Lira Collapses
Turkish Lira Collapses

  Amid widespread worries following the sudden capitualtion of the Turkish l [ ... ]

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Apple becomes first trillion-dollar U.S. company
Apple becomes first trillion-dollar U.S. company

  Apple has become the world's first company worth a trillion dollars. The iP [ ... ]

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ECB leaves rates on hold and confirms bond tapering plan
ECB leaves rates on hold and confirms bond tapering plan

  The European Central Bank left rates unchanged on Thursday and confirmed pla [ ... ]

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China vs US trade war 0:0 Trump kicks off new tariffs
China vs US trade war 0:0 Trump kicks off new tariffs

  Let's start with the looming threat to world trade... Another round of tari [ ... ]

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Fed hikes rates, points to 2 more increases by end of 2018
Fed hikes rates, points to 2 more increases by end of 2018

  The Federal Reserve has hiked U.S. rates yet again,... by its usual 25 basis [ ... ]

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Chinese telecom firm ZTE to pay US$1 billion fine to lift US sanctions
Chinese telecom firm ZTE to pay US$1 billion fine to lift US sanctions

  The Trump administration has announced that it has struck a deal with Chines [ ... ]

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Trade War 2018 would trigger financial crisis & 9% drop in global trade
Trade War 2018 would trigger financial crisis & 9% drop in global trade

  With the escalation of the trade tensions between the U.S. and its major t [ ... ]

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U.S. Federal Reserve holds interest rates steady
U.S. Federal Reserve holds interest rates steady

  In a widely expected move,... the U.S. Federal Reserve has left rates unch [ ... ]

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Chna's economy grows 6.8% on strong consumer spending
Chna's economy grows 6.8% on strong consumer spending

  Despite concerns of a trade war between Washington and Beijing,... China's G [ ... ]

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Japan to introduce 'Sayonara Tax' from 2019
Japan to introduce 'Sayonara Tax' from 2019

  Travelers leaving Japan will have to pay a departure tax of one thousand yen [ ... ]

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Interview with Bitcoin.com CEO Roger Ver
Interview with Bitcoin.com CEO Roger Ver

  The debate continues on virtual currencies. The potential for it to accelerate t [ ... ]

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China imposes tariffs on 128 items of U.S. imports
China imposes tariffs on 128 items of U.S. imports

  China is imposing new tariffs on meat, fruit and other products from the U [ ... ]

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Federal Reserve hikes key interest rate from 1.5% to 1.75%, highest since 2008
Federal Reserve hikes key interest rate from 1.5% to 1.75%, highest since 2008

  Turning now to the Federal Reserve's decision to hike U.S. rates to their hi [ ... ]

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Amazon overtakes Google as second most valuable company in U.S.
Amazon overtakes Google as second most valuable company in U.S.

  E-commerce giant Amazon,... has overtaken Alphabet, Google's parent company,.. [ ... ]

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WTO chief warns Trump's proposed tariffs will lead to global recession
WTO chief warns Trump's proposed tariffs will lead to global recession

  With fears rising over the possibility of a full-scale tariff war, the hea [ ... ]

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China maintains economic growth target of 6.5% for 2018
China maintains economic growth target of 6.5% for 2018

  China has set its economic growth target at six-and-a-half percent for t [ ... ]

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Trump's new tariff announcement may trigger global 'trade war'
Trump's new tariff announcement may trigger global 'trade war'

  Signs of a global trade war is breaking out as the Trump administration deci [ ... ]

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Fed could raise rates 4 times in 2018
Fed could raise rates 4 times in 2018

  The new chairman of the Federal Reserve has vowed to prevent the U.S. economy fr [ ... ]

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Samsung heir apparent released after 353 days in prison
Samsung heir apparent released after 353 days in prison

  Samsung Electronics vice chair is no longer behind bars. This follows an appeal [ ... ]

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Google surpasses US$100 billion annual revenue in 2017
Google surpasses US$100 billion annual revenue in 2017

  Google has officially joined the 100 billion dollar club for the first t [ ... ]

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Facebook to ban all cryptocurrency advertisements including bitcoin and ICOs
Facebook to ban all cryptocurrency advertisements including bitcoin and ICOs

  Facebook is banning all advertisements promoting cryptocurrency products and ser [ ... ]

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German carmakers spark outrage over diesel fumes test on humans, monkeys
German carmakers spark outrage over diesel fumes test on humans, monkeys

  Another diesel scandal is gripping German carmakers, but this time it's not  [ ... ]

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Bitcoin theft reached $90 mil. in 2017, from $3 mil. in 2013: Chainalysis
Bitcoin theft reached $90 mil. in 2017, from $3 mil. in 2013: Chainalysis

  If you are trading digital currency,.. you may wanna pay special attention to th [ ... ]

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Trump signs safeguard measures against imported washers, solar cells
Trump signs safeguard measures against imported washers, solar cells

  U.S. President Donald Trump signed an executive order slapping import tariffs  [ ... ]

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IMF forecasts global economy to expand 3.9% this year and next
IMF forecasts global economy to expand 3.9% this year and next

  The global economy looks bright --   The International Monetary Fund  [ ... ]

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The Bank of Japan keeps monetary policy unchanged
The Bank of Japan keeps monetary policy unchanged

  Japan's central bank announced Tuesday, as expected, that it will keep its [ ... ]

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China's economy grew 6.9% in 2017, beating expectations
China's economy grew 6.9% in 2017, beating expectations

  China announced its latest gross domestic product figures on Thursday. &n [ ... ]

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Global economy to grow 3.1% in 2018: World Bank
Global economy to grow 3.1% in 2018: World Bank

  The World Bank raised its 2018 growth forecast to three-point-one percent. H [ ... ]

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Samsung topples Intel as world's biggest chipmaker
Samsung topples Intel as world's biggest chipmaker

  Based on Gartner Incorporated's research, Samsung has overtaken Intel as the w [ ... ]

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Disney buys large part of 21st Century Fox in US$52.4 bil. deal
Disney buys large part of 21st Century Fox in US$52.4 bil. deal

  Turning now to a mega media deal in the United States. Disney has agreed t [ ... ]

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U.S. Federal Reserve raises interest rates by quarter of point to 1.5 pct - third rise this year
U.S. Federal Reserve raises interest rates by quarter of point to 1.5 pct - third rise this year

  Our top story this afternoon... The U.S. central bank -- the Federal Reserve -- [ ... ]

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