The amazing and unstoppable collapsing yen

TOKYO – There’s something surreal about the debate at Bank of Japan (BOJ) headquarters over whether to jump into markets to support the yen. Japan’s central bank faces the most intense pressure in more than two decades to intervene in currency trading, but unlike previous pressure campaigns, the BOJ isn’t being prodded to weaken the yen […]

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One dead, two wounded in shooting at Thai military facility

Bangkok: A gunman killed one person plus wounded two others in a shooting in a military facility within Bangkok on Wed (Sep 14), Thailänder police told AFP. Mouthpiece national police spokesman Kissana Phathanacharoen mentioned a suspect had been detained after the occurrence at the Army Schooling Command Department, portion ofContinue Reading

Chinese yuan hitting its stride in oil trade

Xi Jinping’s campaign to replace the dollar with the Chinese yuan in the global energy trade is having the seriously great September. Last week, Russian huge Gazprom announced an agreement to invoice payments for shipments in order to China in yuan and rubles rather than dollars. Oil colossus Rosneft PJSC is also rolling out Russia’s biggest-ever yuan-denominated […]

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China crime gangs use cyberslaves across SE Asia

This story was originally published by ProPublica, a Pulitzer Prize-winning investigative newsroom. Tens of thousands of people from across Asia have been coerced into defrauding people in America and around the world out of millions of dollars. Those who resist are facing beatings, food deprivation or worse. The ads on the Telegram messaging service’s White […]

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MDV hosts Malaysia’s first KL Venture Finance Forum 2022 to accelerate growth of home-grown unicorns

M’sia should embrace new tech, become innovators instead of mere usersGovernment to streamline value chain in the start-up industry development, supply support to startups Malaysia Debt Endeavors Berhad (MDV), the subsidiary of the Ressortchef (umgangssprachlich) of Finance (Incorporated) [MOF Inc] and an agency underneath the purview of Malaysia’s Ministry of Technology,…Continue Reading