Some Ford owners in Thailand claimed on social media that they were left experience underwhelmed by the company’s extensive discounting. ” Nothing hurts more than this”, said one owner on Facebook, explaining that a BYD Atto 3 car he had bought for 1.19 million baht ( US$ 32, 523 )Continue Reading
Japan: Japan’s largest chipmaker, Nippon Steel, and buying home Sumitomo Corp said on Wednesday ( Jul 3 )  , that they have renewed a long- word deal with Norway’s Equinor to provide seamless steel pipes for up to nine years. The pipelines will be used in Norway and other countriesContinue Reading
After Reuters reported that the main Apple provider has been rejecting married women from phone assembly jobs, Indian labor officials visited a Foxconn shop in the government’s southern this week and questioned executives about the company’s hiring practices, an official said. A five- part staff of the federal government’s localContinue Reading
India’s No 2 IT services exporter, India’s No 2 IT services exporter, settled charges for violating the country’s market regulator on Thursday ( Jun 27 ), according to the nation’s regulator. Parekh agreed to pay 2.5 million rupees (around US$ 30, 000 ) to live the markets bank’s command, whichContinue Reading
Indonesia’s antitrust regulator acknowledged in a statement on Wednesday ( Jun 26 ) that Shopee had admitted to breaking a monopoly rule for its courier service in Indonesia. Additionally, the organization stated that Shopee has agreed to modify its working procedures. A request for comment on the speech from theContinue Reading
E-commerce company Shopee announced on Wednesday ( Jun 26 ) that it would make changes to its services in Indonesia following the country’s antitrust agency’s claim that the platform had admitted to breaking anti-monopoly laws. KPPU, the antitrust body in Indonesia, claimed in a statement that Shopee had admitted toContinue Reading
MUMBAI: India’s Financial Intelligence Unit ( FIU) has imposed a fine of 188.2 million rupees ( US$ 2.25 million ) on the world’s largest crypto exchange, Binance, for operating in the country in violation of local anti- money laundering regulations. India requires that companies offering virtual digital assets (VRA )Continue Reading
The Indonesian central bank, according to its governor, made a statement on Friday ( Jun 14 ) that it would use monetary policy to stabilize the currency after it hit four-year lows against the dollar. The ringgit skidded 0.9 per share to 16, 415 per money in day trade, theContinue Reading
Tokyo: On Wednesday ( Jun 12 ), the government of Japan passed legislation to require tech giants like Google and Apple to grant access to third-party mobile applications and payment systems in order to avoid paying significant fines. Similar to the new Digital Markets Act of the European Union, theContinue Reading
HANOI: Vietnam’s central bank said on Friday ( Jun 7 ) it “has enough recourses and determination” to stabilise the domestic gold market, amid a sharp rise in local gold prices this year. ” The State Bank of Vietnam ( SBV ) is simultaneously implementing measures to stabilise the market,Continue Reading