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Posted on May 20, 2020

KBR and NIPIneftegas JSC announce New Engineering Joint Venture in Kazakhstan

KBR (NYSE: KBR) announced today that it has signed a joint venture (JV) agreement with NIPIneftegas JSC to establish a new engineering and support services company, KBR-NIPILLP, in Kazakhstan.

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Posted on May 20, 2020

Made in America: US bombs keep killing civilians in Yemen. Here’s why — money.

Year after year, the bombs fell — on wedding tents, funeral halls, fishing boats and a school bus, killing thousands of civilians.

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Posted on May 20, 2020

Bank of Thailand to Inch Toward Lower Bound: Decision Day Guide

The Bank of Thailand is set to push its benchmark interest rate even closer to the lower bound as it tries to rescue an economy that just posted its worst quarterly contraction in more than eight …

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Posted on May 20, 2020

Pandemic Sinks Japan Business Mood to Decade Low, Outlook Even Bleaker: Reuters Tankan

The slump in Japanese business confidence deepened in May, hitting decade lows as firms braced for a protracted period of coronavirus-driven economic weakness, the Reuters Tankan survey showed on …

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Posted on May 20, 2020

No more Uber Eats in Bangladesh from June 2

In a rather surprising move, Uber Technologies yesterday announced that it is closing down the operations of its food delivery platform Uber Eats in Bangladesh from June 2 as Chief Executive Dara …

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Posted on May 20, 2020

Standard Chartered Pakistan posts highest-ever quarterly profit of Rs 8.8bn

Limited, the country’s largest and oldest International bank, announced its financial results for first quarter 2020. The Bank continues its momentum to deliver a strong performance with profit before …

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Posted on May 20, 2020

Business Group Cautions U.S. on ‘Reshoring’ Too Much China Supply

The head of the U.S. Chamber of Commerce on Tuesday warned the U.S. government against overdoing a major effort underway to rip U.S. supply chains out of Ch …

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Posted on May 19, 2020

Hong Kong Looks to Speed Up IPO Process to Reduce Risks

Hong Kong’s stock exchange is looking at speeding up the process of getting initial public offerings from pricing to trading, a move that would bring the world’s biggest listing market more in line …

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Posted on May 19, 2020

U.S. Is Using Taiwan as a Pressure Point in Tech Fight With China

The Trump administration is challenging Chinese access to Taiwan’s high-tech supply chain — and, by extension, Beijing’s influence over the island it claims as its territory.

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Posted on May 19, 2020

Singapore Expats Flouting Virus Rules Spark Alcohol Curbs

Singapore authorities ordered several restaurants in a neighborhood popular with expatriates to immediately stop selling takeaway alcohol, after several foreigners didn’t adhere to social distancing …

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