Money & Finance
Get the latest news and analyses on personal finance, investments, and financial markets. Stay informed on the latest financial news and trends.
Apple won’t hit revenue forecasts due to coronavirus
American multinational technology firm Apple said during the investor update that it will not meet its target earnings for March as its production and...
Thailand’s 5G auction raises over 100 billion baht
The National Broadcasting and Telecommunications Commission (NBTC) of Thailand has successfully concluded its 5G spectrum auctions on Sunday which raised a total of 100.52 billion baht...
China to destroy banknotes from coronavirus-hit areas
All paper currency from hospitals, markets, and buses in some regions of China that have been hard hit by the coronavirus, officially named Covid-19,...
Nissan sues former chairman and seeks $91 million damages
Japanese auto giant Nissan Motor Co. has sued its former chairman Carlos Ghosn as it seeks $91 million (for ¥10 billion) in damages.
The civil...
Philippines’ credit rating gets upgrade due to “strong economy”
American credit watcher Fitch Ratings was impressed with the “very strong” macroeconomic story of the Philippines and gave it an upgraded outlook.
The Philippines is...
Coronavirus hammered Hong Kong’s economy worse than protests
The trading in Hong Kong has been hit harder by the novel coronavirus compared to the six months of anti-government protests, according to financial...
Telemedicine owners charged in million dollars’ worth fraud scheme
The owners of telemedicine companies Advantage Choice Care and Tele Medcare were charged for allegedly masterminding a $56 million healthcare fraud scheme.
Reinaldo Wilson and...
Bank exec barred by FED for involvement in Malaysian scandal
A senior executive of Goldman Sachs Group was permanently banned from working in the banking industry after he was found to have a role...
Philippines’ Central bank warns of fake banknote designs circulating on social...
The Central Bank of the Philippines, or “Bangko Sentral ng Pilipinas” (BSP) in Filipino translation, warned the public against fake designs of banknotes that were recently posted on social media. BSP released an advisory on January 23 saying that the postings were made by an existing Facebook account with the user name “Bangko Sentral ng […]
China’s new coronavirus hits global markets
"The cost to the global economy can be quite staggering in negative GDP terms if this outbreak reaches epidemic proportions."
Thus,
said Stephen Innes, an...
