Hong Kong Loses Its Financial Businesses to Singapore!
Hong Kong continues to bear Beijing’s burden; it is losing financial business to Singapore amid growing financial challenges in China. Moreover, according to a report published by the Economist Intelligence Unit (EIU), ongoing economic turmoil in China will help Japan, India, and Singapore become new financial hubs in Asia. The
South Korean To Bring New Labour Laws for its Workforce?
According to the advisor to the president of South Korea, Yoon Suk Yeol, the country’s labour ministry plans to introduce laws that will protect the vulnerable members (typically the members of the workforce that do not belong to any labour union) of its workforce. This policy will also include gig
Pope Francis’ Call for Fair Wages in Singapore
During his tour of Asia’s poorest to richest nations, Pope Francis advocated for the rights of migrant workers in Singapore. He mentioned that migrant workers have immensely contributed to the development of Singapore into an advanced economy; therefore, they deserve dignified pay and working conditions. In his own words, “These
South Korean Jobs Data Puts Asia-Pacific Market On Risk
The Asia-Pacific market saw a notable decline on Wednesday as investors used the latest unemployment data from South Korea. The South Korean government released its August unemployment report, showing a slight uptick in job rates, which fueled investors’ uncertainty and led to a cautious approach across regional stock exchanges. This
Big Data Analytics: Driving Business Decisions in Asia
Big data analytics is the complex process that helps examine data sets to uncover information, including hidden patterns, market trends, correlation, and customer preferences, that helps organisations make informed decisions. Multiple sectors use this emerging technology, like healthcare, education, insurance, retail, and manufacturing. Big data analytics refers to the tools,
Trump Social Media Company in Freefall, Net Worth Sinks
Former President Donald Trump’s social media company, Trump Media & Technology Group (TMTG), is amid several financial slumps, which have significantly damaged his net worth. TMTG, which owns the social media platform Truth Social, was launched as a competitor of major tech giants Twitter and Facebook. It is now struggling
Asian Markets And The Challenges: How Changes Happened
Without any second thought, it can be said that Asia is a rapidly growing region. The ongoing transformation has captured the world’s attention. At lightning speed, many marvels have emerged in the region and pushed it to economic and technological growth. The region has also significantly contributed to the world’s
Nikkei Falls 2.4% as Global Markets React to U.S. Slowdown
Asian share markets experienced a significant slide on Monday, September 9, 2024, amid concerns about a potential U.S. economic downturn, which had already impacted Wall Street. Japan’s Nikkei index felt the effects the most, falling 2.4% more on top of a nearly 6% decline the previous week, driven primarily by
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Crypto Trading With Leverage [Only Guide You Need]!
Crypto trading with leverage allows traders to amplify their positions by borrowing funds, enabling them to control larger positions with a smaller initial investment. By using leverage, traders can potentially boost their profits even from small price movements. Most of you might have heard that this strategy may significantly increase
Japan’s Seven & I Rejects Couche-Tard’s $38.5 Billion Offer
One of the major Japanese retailers, Seven & I Holdings Co., plans to turn down the takeover bid that the giant store in Canada proposes, Alimentation Couche-Tard Inc., as the offer price is not high enough for acceptance. The company’s board concluded that the deal didn’t benefit the shareholders, so