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Recession

'Even Most Favorable Vaccine Outcome Would Come Too Late to Save US Economy'

America is likely to be hit by a double-dip recession if the COVID-19 spread is not taken under control, experts say.
Jul 21, 2020
By IANS
Coronavirus
Ahmed Alawadhi

What kicked off as an avocation, Ahmed Alawadhi, the real-estate maven, has spawned stunning business openings through traveling!

Ahmed has become quite influential in the travel domain as well, with more than 150,000 people relying on his viewpoint.
Jul 21, 2020
By IBTimes SG Desk
Hong Kong

Banks for the Rich Are Checking if Hong Kong Customers Have Pro-democracy Ties - Report

Banks like Credit Suisse, HSBC, Julius Baer and UBS are broadening scrutiny of Hong Kong customers, Reuters reports.
Jul 20, 2020
By IBTimes APAC Desk
hong kong

Hong Kong National Security Laws Shouldn't Affect Banks' Operations, Says Regulator

Beijing argues that the laws are vital to restoring stability after more than a year of protests, while banks are concerned about its impact
Jul 19, 2020
By IBTimes SG Desk
Currencies

Banks in Nigeria Set to Limit Debit Card Spending Abroad in A Bid to Ease FX Risk

Nigeria is facing dollar shortage due to the sharp fall in the price of oil, the country's main export, and domestic banks are avoiding transactions with hard currency
Jul 19, 2020
By IBTimes APAC Desk
Chinese smartphone vendors begins losing buyers

UK Seeking Help from Japan for Huawei Alternatives in 5G Networks, Says Nikkei

Nikkei said this latest move reflects UK's effort to bring in new equipment suppliers to foster competition
Jul 19, 2020
By IBTimes SG Desk
Huawei 5g
Japanese Flag

Japan to Invite Taiwan Semiconductor in Building Advanced Chip-Making Plant: Report

Japan hopes to invite Taiwan Semiconductor Manufacturing Co Ltd in its plan to build an advanced chip manufacturing plant
Jul 19, 2020
By Vinay B.S.
Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 13, 2018.

Google, Facebook, Twitter Face $300 Billion Class-Action Lawsuit in Australia

In the lawsuit, litigants claim that ban of cryptocurrency ads on Google, Facebook, and Twitter platforms has harmed their legitimate businesses
Jul 19, 2020
By Krishnendu Banerjee
Facebook
Freddy Huang

Entrepreneur Freddy Huang on how work from home is the new normal amidst COVID-19

It hasn't really affected me much because I still am able to work from home which has now become the new normal
Jul 18, 2020
By IBTimes SG Desk
US Banknotes

US GDP Will Contract By Annualized 37% in Second Quarter, Says IMF

General government debt is expected to rise to 160 percent of GDP by 2030 even without further rounds of fiscal stimulus.
Jul 18, 2020
By IANS
Yoshikazu

Business acceleration strategies which can be used by companies and solopreneurs to boost their growth cycle

We combine marketing and the learnings from economics to assist people to lead business to their envisioned success.
Jul 17, 2020
By IBTimes SG Desk
EU Flag

EU Leaders to Meet for the First Time Since Coronavirus Pandemic Hit Region

The main issue for the leaders is how much of the recovery fund will be handed out in grants and how much in loans
Jul 17, 2020
By IANS
Flood Water

Supply Chain of Key Health Equipment to Fight COVID-19 Disrupted By Severe Floods in China

The provinces of Anhui, Zhejiang and Jiangxi, and the city of Wuhan in the Hubei province, have declared red alerts as lashing rains have led to the swelling of lakes and rivers
Jul 17, 2020
By IBTimes SG Desk
justin-trudeau-slams-trump-tariffs-on-steel-and-aluminum-as-totally-unacceptable

Canada to Provide $13 billion for 'Safe Restart' of Economy

Prime Minister Justin Trudeau had previously pledged C$14 billion, but many premiers said that amount was not nearly enough to cover their needs
Jul 17, 2020
By IANS
Microsoft Logo

Microsoft Laying off More Staff in News Team Amid AI Shift: Report

Microsoft did not confirm the layoffs after reports said that at least 50 news production workers were laid off.
Jul 17, 2020
By IANS
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