Along with Covid-19, Vietnam’s largest city proposes a re-start of the economy!
Ho Chi Minh City, Vietnam’s coronavirus epicenter, plans to loosen the strict lockdown and resume financial activities on September 15, shifting away from its “Zero-COVID-19” approach to living with the virus after two years of fighting against the odds and hoping to be free of the virus. According to a draught seen by Reuters and […]
Apple will not call employees back to work until 2022
The Delta variant has become the latest roadblock to reopening offices and employees returning to work. Apple has postponed returning employees to the office until January at the earliest, citing concerns about an increase in Covid cases. Employees were notified of the decision in a company memo sent out on Thursday, according to Bloomberg News. […]
Asian shares jump in on Fed’s dovish chair!
After U.S. Federal Reserve Chairman Jerome Powell struck a more dovish tone than some investors expected in a long-awaited speech on Friday, Asian shares started the week with gains and the dollar was not far off two-week lows. Meanwhile, oil prices increased after energy companies halted output as Hurricane Ida blasted into the United States’ […]
The South Korea Parliament has passed a bill to curb Google and Apple’s Dominance!
The South Korean parliament approved a bill on Tuesday that prohibits major app store operators such as Google and Apple from forcing software developers to use their payment systems, effectively prohibiting commissions on in-app purchases. It’s the first time a major economy has taken action against companies like Apple Inc (AAPL.O) and Alphabet Inc’s (GOOGL.O) […]
Zoom’s shares Showing a Declining Trend!
Zoom (ZM.O) shares slid more than 11% in premarket trading on Tuesday, after the video conferencing company reported a faster-than-expected drop in demand and analysts questioned the company’s long-term plans as people return to work. Zoom is a communications technology company based in San Jose, California. Zoom’s assertive profitability, as well as its software’s ease-of-use […]
FinScore offers Telco Data Credit Scores to SB Finance in order to enlarge credit access to Filipinos!
FinScore is a credit scoring company that generates alternative credit scores using telco data and advanced analytics. FinScore’s credit scoring models, platform, and fraud detection solutions benefit financial institutions by minimizing defaults, boosting approval rates, and helping to fight fraud. SB Finance recently partnered with FinScore to improve credit scoring efforts using alternate data to […]
Zoom may benefit from Five9 investors!
The mystery surrounding Zoom Video Communications is slowly unfolding. The all-stock transaction, which is being investigated by Washington watchdogs, may be put to a vote by 509 investors. Zoom’s value has dropped from $13.6 billion to around $10.4 billion in less than two months, and it is now less than Five9’s market capitalization. Zoom should see this as an opportunity. Five9 Inc. (Five9) […]
The Rising Demand for Coal raises stakes of the Thermal Coal Commodity by 106% !
Soaring electricity demand, infrastructural issues, and a rise in worldwide gas costs have sparked an unusual rally for the world’s least popular commodity. According to the latest weekly assessment by commodities price supplier Argus, Australian thermal coal at Newcastle Port, the benchmark for the enormous Asian market, has risen 106 % this year to more […]
Thailand is making strenuous efforts to strengthen the country’s tourism industry!
When the entire world was affected by the pandemic and its ramifications, the pandemic caused a sudden halt in tourism and a major reduction in Thailand’s economic activities. Thailand’s economy shrank by 6.1 percent in 2020, the most since the Asian financial crisis. The tourism industry, which accounts for nearly a fifth of GDP and […]
Japan’s Mizuho Financial Group claims an ATM defect!
On Monday, Mizuho Financial Group’s (8411.T) major banking unit stated its automated teller machines (ATMs) in numerous parts of Japan were disrupted by a system fault. The problem follows a major outage on Friday when Mizho’s branches across the country were unable to process transactions, as well as a spate of other recent technology troubles. […]
