Business

GENEVA Switzerland: The U.N. health agency says nearly everybody in the world breathes air that doesn’t meet its standards for air quality. Calling for...

The continuing bank scandal that hit Deustche Bank has now expanded to two more European banks. Austria Raiffeisen Bank International Estonian branch and Denmark’s Danske Bank...

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....

ROME: U.N. food agency warned that Poorer countries in northern Africa, Asia, and the Middle East risk suffering significant food insecurity because of Russia’s...

Kuala Lumpur: The top honours of the investment banking categories at the recent FinanceAsia Country Awards 2021 were secured by Maybank Investment Bank (Maybank...

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 […]

Kuala Lumpur: The export tax for Crude Palm Oil (CPO) has been kept up at eight per cent for July 2021 by Malaysia for...

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 […]

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...

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 […]