Swiss set to match EU sanctions if China invades Taiwan

ZURICH: The head of the Switzerland agency that implements economic sanctions desires the neutral country to adopt any punitive measures the European Union roll-outs against China if it invades Taiwan, the lady said in a newspaper interview. China has been upgrading military activity about Taiwan seeking to stress the democraticallyContinue Reading

Delivery firm Missfresh collapses as another Nasdaq-listed Chinese firm falls prey to weakening economy

The Tencent-backed on-demand delivery company abruptly announced upon Thursday that it had run out of money, dismissing workers and leaving suppliers unpaid. Missfresh blamed a coal miner regarding failing to come via on a promised investment, but China’s Covid-19 restrictions have harm delivery operations and consumer spending. Read full story Continue Reading

SEA firms that transformed outperformed peers during Covid: EY

Transformative activities led to 13 percent points in enhancementsFour types of modification actions outperformed peers A recent EY-Parthenon report noted that businesses that proactively began transformative actions throughCovid-19 pandemic saw outperformance by 13 proportion points (pp) depending on total shareholder earnings, as compared to reactive transformer repair. ÂTitled ‘Transformation in Southeast…Continue Reading