Asia/Pacific

Japan Develops AI Tool That Analyzes Employee Data, Predicts When Worker Will Quit Job

Japanese researchers have developed an AI tool that can analyze employee data and accurately predict when recruits are likely to quit their jobs.


China Shows Heavy Support for Hong Kong Economy After Pressuring the Country to Enact New Security Law

China pledged increased support for Hong Kong's economy after enacting a new security law, which Human Rights activists condemned for silencing political dissents against China...

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 pr..

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..


Latest News

Bangladesh Bank Mulls For Lawsuit Against New York Fed
The Federal Reserve Bank of New York has denied any responsibility over the $81 million cyber heist from the current account of Bangladesh Bank. But a BB audit report observes NY Fed responsible since
Talbot expands Australian presence, strengthens financial team
Talbot Underwriting Ltd is spreading its footprint of financial lines business in Australia. Talbot Underwriting, a wholly-owned subsidiary of Validus Holdings Ltd, has appointed David McKenzie and Da
Iron Ore Climbs as China Property Market Recover
Price of iron ore rallies as China's property market showed further sign of recovery. Surge in the price of iron ore also correlated with increase in steel futures.
India's NCDEX imposes spl margins on Kapas
India's National Commodities and Derivatives Exchange (NCDEX) has imposed special margins in Kapas contracts. Kapas prices fell over seven percent during the past fortnight. NCDEX has taken the decisi
OPIC Sanctions $421 Million Debt Financing To India’s Solar And Internet Projects
OPIC, a US private development finance institution has extended support to India to build a low carbon economy and expand the internet infrastructure. It has sanctioned $421 million for India’s solar
ICRA foresees 7.7% growth for India in 2016-17
Rating agency ICRA forecasts India's gross domestic product (GDP) growth rate at 7.7 percent for next financial year 2016-17. The rating agency cites reasons for GDP growth rate to the implementation
Chinese Central Bank Governor Warns Over Rising Debt Levels
The Chinese central bank governor has warned over rising debt levels. To tackle the abnormal situation, the central bank feels necessity for promulgation of regulation guarding excessive leverage in f
Gold below $1,250/oz on profit booking
Profit booking pulled yellow metal on Monday below psychological mark-$1,250 an ounce. Gold price fell for four weeks in the past five weeks.
Ancient Persian's New Year was Celebrated on Sunday
Nowruz is the day of vernal equinox that marks the beginning of spring in the Northern Hemisphere. A ancient Persian celebration which dated back in the Zoroastrian tradition was celebrated on Sunday.
China's consumers spending rise on spas, travel, entertainment
Chinese consumers are spending more on spa visits, travel and entertainment as income levels are on upward movement. The consumer spending is expected rise 10 percent annually for the next decade.
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