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Fund To Allow Malaysians Top Donate To Reduce National Debt Set Up By Government

The Malaysian government is tapping into the perceived euphoria among people following the stunning results in this month’s national elections by urging them to contribute in the reduction of the country’s RM1 trillion (S$337 billion) debt burden.   The newly elected government in the...

Private Label Brands Likely To Reshape The Walmart Amazon Fight In India

Private label brands are getting popular among tens of millions of aspirational Indian shoppers who ae seeking affordable alternatives for everything from clothes to smartphones. This group of shoppers are those who desire to look hip and cool but are not able to afford big global brand names....

Walmart-Flipkart Deal In India Is Objected To Be Local Trader Group

The antitrust regulator of India has been approached by an Indian trader body with serious reservations against the acquisition of the largest e-commerce website in India – Flipkart, by Walmart Inc’s for a deal worth $16 billion. However, lawyers and sources have said that the complaint is not...

JP Morgan Eyes China Securities Business Market; Applies For Majority Stake Venture

The recently relaxed ownership norms in China has driven JPMorgan Chase & Co to apply for a permission with the Chinese securities regulator for starting of a securities business in the country with ownership of a majority stake in the new business remaining with the U.S. bank.  ...

Reaction Of Other Countries To Trump’s Iran Move Awaited By Global Oil Market

Price of crude oil surpassed the $77 per barrel mark for the first time since 2014 following the decision of United States president Donald Trump to pull out of the Iran deal and the looming fear of re-imposition of financial and economic sanctions against Iran.   The market is however,...

Asia-Pacific Headquarters Of GM To Be Shifted To South Korea: Govt.

The South Korean government has announced that the United States based automaker General Motors (GM) has decided to finally choose the Asian country to set up its Asia-Pacific headquarters. This is a further measure by the company as part of its commitment towards revitalizing it loss making...

Surge In Solar Power Investments In 2017: UN Report

Investments in solar power generation attracted the highest investments globally in 2017 according to the Global Trends in Renewable Energy Investment 2018. The investments overshot those made in coal, natural gas, nuclear and wind energy. The report was prepared jointly by UN Environment, the...

Reports Of Some Hybrid Cars Facing A Ban In UK Alerts Car Industry

Recent unconfirmed reports in the U.K media that claimed that the country’s ministers will target hybrid vehicles in the crackdown on polluting vehicles in a new emissions program have made the car industry in the U.K. to hit out against the government.   There were reports that any electric...

Key Differences Between U.S.-China Remain Unresolved After End Of Trade Talks

There was little outcome except an agreement to keep talking after the two days of talks between the United States and China on trade.   Representatives from both the countries acknowledged major disagreements on some issues while they also managed to come to an agreement on some trade...

Global Building Stock Is To Exceed 183bn sq Meters In 2026: Navigant Research Report

There is an upswing in the world’s building stock after years of stagnant growth and as there is a rebound in the global constructions markets. This has been concluded in a new report From Navigation Research   The research further expects that the trend would continue into the year and...

Strong Growth In The Short Term For Global Oil Demand, IHS Markit Report

A new analysis from IHS Markit, a global business information provider, shows that despite a focus of the auto industry on electric vehicles and the anticipated plateauing of oil demand sin the future, there is strong demand for oil in the short-term. The report claims that this trend is expected...

Global Shipping Industry To Be Significantly Altered By Blockchain Technology

Millions and millions of paper documents still form the basis for operations of some of the most advanced trading networks in the world – created because of globalization de4pswite the fact that the biggest, fastest vessels and robot-operated ports and huge computer data bases are made use of in...
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