TOKYO – Japanese Prime Minister Kishida has expressed support for investigations that will probably lead to the first construction of new nuclear power plants in Japan in over a decade. The obvious goal is to reduce reliance on imported fossil fuels and exposure to the wild vacillations of oil and gas prices. But also behind […]
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BEIJING: Industrial and Commercial Bank of China (ICBC), the world’s largest commercial lender by assets, said soured lending to the real estate sector in the first half of this year rose 15 per cent. The lender reported 38.8 billion yuan of non-performing loans (NPL) at the end of June, comparedContinue Reading
OIL costs dipped on Wednesday, paring some benefits from the previous program, as the market feared that more intense interest rates hikes from central banks can lead to a global economic slow down and soften gas demand. Read full story Continue Reading
After floods ravaged their homes, tribal families in Maharashtra have been forced to survive a highway.Continue Reading
SEOUL: South Korea stated on Tuesday (Aug 30) it would cut annual government investing for the first time in over a decade next year, since it seeks to curb its pandemic-era incitement and help the central bank rein in a red-hot economic climate. Unveiling the first budget proposal under right-leaningContinue Reading
SEOUL: The head of South Korea’s central bank said on Tuesday (Aug 30) his bank’s financial policy stance would not change after Federal government Reserve Chair Jerome Powell said a week ago the US economy will require tight monetary policy “for some time”. Financial institution of Korea Chief excutive RheeContinue Reading
Consumers can drive up demand when they think things are going to get more expensive within the coming months. Pumpiing researchers Aurobindo Ghosh, Khyati Chauhan and Muskan Bagrodia weigh in on the reason why inflation expectations matter as much as economic data.Continue Reading
He was informed over the phone simply by someone claiming to be a court official which he was involved in unlawful money laundering actions, and while John (ofcourse not his real name) knew he had completed nothing wrong, fearfulness set in. Read full story Continue Reading
Boost remittance pay out service to Philippines for its customers within MalaysiaMerchantrade wants more partnerships in Indonesia and other nations Merchantrade Asia Sdn Bhd announced, yesterday, a partnership along with PT Bank Pembangunan Daerah Jawa Timur Tbk, (Bank Jatim), the largest regional bank in East Coffee, Indonesia in a move that…Continue Reading
SINGAPORE: For more than a year, a supervisor at Marks & Spencer noted down customers’ credit card details, which he used to buy almost S$9,000 worth of meals. Teo Kai Seng, 29, was on Monday (Aug 29) jailed for three months after pleading guilty to three charges under the ComputerContinue Reading