Business News

Big Money Will Flee Stock Markets and a Crash Will Singe Millions of Retail Investors

The worldwide market recovery was fulled mostly by the amateur retail investors who saw an opportunity to buy in at the dip.

Jul 16, 2020

By Jacob J

Coronavirus

649,000 UK Workers Lost Their Jobs Between March and June

Economic inactivity rose, with people out of work not currently looking for new jobs, the Office of National Statistics (ONS) said.

Jul 16, 2020

By IANS

Decade's Biggest Listing: China Chipmaker SMIC's Shares Soar 246% on Debut

SMIC's listing comes amid growing competition between the United States and China to attain tech supremacy.

Jul 16, 2020

By R. Ghosh

Singapore's Economy in Dire State, Recovery Will Be Slow and Uneven: Central Bank

The central bank maintains its official GDP forecast in the range of -4 percent to -7 percent for 2020.

Jul 16, 2020

By IBTimes SG Desk

President Trump Signs Act Ending Hong Kong's Preferential Status; China Vows Retaliation

The signing of the bipartisan legislation comes weeks after China imposed a new security law to bring an end to Hong Kong's special status.

Jul 15, 2020

By R. Ghosh

US in Depression Due to COVID-19, No Recovery Until 2023: UCLA Study

Despite drastic response by the Administration and the Fed, getting back to pre-pandemic levels of employment will take years together.

Jul 15, 2020

By Vinay B.S.

Coronavirus Depression

China Gears up to Impose Sanctions on Lockheed Martin After $620 Million Taiwan Arms Deal

China's move comes just a day after Beijing announced tit-for-tat sanctions against four US officials, including senators Ted Cruz and Marco Rubio.

Jul 14, 2020

By R. Ghosh

UK Economy Rebounds More Slowly Than Expected

According to the Office for National Statistics, May's modest month-on-month expansion came as several sectors were allowed to reopen.

Jul 14, 2020

By IANS

China Reports Rise in Imports and Exports, First Since The Beginning of COVID-19 Pandemic

China's imports rose by 2.7 percent in June, while exports rose by 0.5 percent, serving as an indicator of the economy's recovery.

Jul 14, 2020

By IBTimes SG Desk

Singapore Slips into Recession as Economy Contracts Whopping 41%

This marks the biggest contraction on record and worse than the analysts' prediction.

Jul 14, 2020

By R. Ghosh

Kishmel Eagar Explains How Brands And Influencers Can Grow Their Presence On Social Media

It is the core value, passion, and consistency that does the wonders. To make a page successful, the first thing is to identify the target audience and then create content according to their preferences

Jul 14, 2020

By IBTimes SG Desk

AirAsia on the Brink of Collapse: Can the Airline Survive the Coronavirus Carnage?

Tata Sons, which holds 51 percent stake in the Malaysian low-cost airline, is also reportedly mulling over shedding its entire stake in AirAsia India

Jul 13, 2020

By R. Ghosh

Coronavirus

Question Mark Continues Over Countries Parking Gold With Bank of England

The Bank of England is the second largest keeper of gold in the world after New York Federal Reserve

Jul 13, 2020

By IANS

Who Is Zhirong Hu? Famous Chinese Figure 'Tasked with Grooming Foreign Elites' Met Boris Johnson, Donald Trump

Zhirong Hu was captured taking pictures with Ex-UK PM Theresa May, Gordon Brown, and David Cameron in several events

Jul 13, 2020

By Bhaswati Guha Majumder

Huawei 5g

Ban on Huawei 5G Will Cause Outages, British Telecom Warns Boris Johnson

BT CEO Philip Jansen tells the British government that a hurried ban on Huawei could lead to outages and security issues.

Jul 13, 2020

By IBTimes SG Desk

Huawei

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