Asia/Pacific

Marina Bay Sands Reports Record Profit Surge of $811.4 Million in Q1 Alone

Marina Bay Sands (MBS) reported a surge in profits by 51.5% to $811.4 million in the first quarter of 2024, which coincided with the increase in casino revenue to $859 million from $593 million the previous year.


China Slams US Probe Targeting Beijing's Logistic, Maritime, and Shipbuilding Industry

A spokesperson for China's Ministry of Commerce (MOFCOM) said the US petition against its maritime, logistics, and shipbuilding sectors is full of baseless allegations that impede trade and investment..

US Report: North Korea Producing Viruses, Bacteria for Germ Warfare Program

According to the United States' most recent assessment of Pyongyang's weapons of mass destruction, Kim Jong Un's regime is genetically engineering the ingredients for bacteria, viruses, and toxins as ..

Proposed Chinese Train Station Garners Attention Online as It Looks Like Sanitary Pad

The design of the North Nanjing train station has sparked contrasting opinions. Some have compared it to a sanitary pad, while the official proposal suggests that it represents plum blossoms...


Latest News

$23-bln investment makes Reliance Jio the world's largest startup
India's largest private industrial conglomerate Reliance Industries Ltd (RIL) has announced that its telecom venture Jio is the world's biggest startup with an estimated investment of INR 150,000 ($23
NIFA Acknowledges China Rapid Finance As Founder Member
China Rapid Finance has been acknowledged as the founder member of NIFA. The recognition will enable CRF to work for publishing rules and regulations in developing self-disciplined online lending mark
Citigroup Study Report Suggests 30% Job Cuts In US Banking Industry By 2025
To tackle volatility in the US banking market, regulators are enacting new laws time to time directing to absorb new technologies. Adoption of automated technologies coupled with aggression by fintech
India's EPFO to offer interest on inoperative accounts
Employees in India will earn interest on inoperative accounts from new financial year beginning from April 2016. Employees' Provident Fund Organization (EPFO) has taken a decision to offer benefit of
Knesset Affixes Maximum Ceiling of Exec Pay In FIs Aiming To Reduce Wage Disparity
Knesset has passed a bill that fixes maximum ceiling of executives in the financial institutions with no opposition. The bill turned law aims to reduce wage gap. However, a similar attempt in the US h
India's FM voices rate cut ahead of RBI policy review
Arun Jaitley, India's Finance Minister, has voiced for a possible interest rate cut ahead of Reserve Bank of India's (RBI) review meeting next week, while focusing on controlling fiscal deficit. The C
Prime Minister Li Keqiang is Optimist for China's Economic Recovery
In the annual Boao Forum for Asia (BFA) last Thursday, Premier Li Keqiang deliver keynote speech. He pledged the government will refrain to intervene in economic and market.
US Seeks to Strengthen Economic Relationship with ASEAN to Counter China
As China has increased its influence in Southeast Asia, U.S. stepped in. United States plan to match China in rebalancing Asia by increasing partnership with ASEAN.
India Announces Guidelines For Online Market Places Allowing 100% FDI
Indian finance ministry has issued a new set of guidelines for regulating the online market places. The guidelines also include definition of ‘ecommerce’, ‘inventory based model’ and ‘market place mod
Nexus Venture Partners Recognizes KG Subramanian’s Contribution While Promoting As MD
KG Subramanian has been promoted as the Managing Director for the Finance and Operations unit of Nexus Venture Partners. The chartered accountant has been serving NVP for the last fourteen years. The
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