The Volkswagen Groups financing arm had first bought a 25% equity stake in the latter in September 2019. KUWY Technology is an instant lending platform that digitally connects borrowers to lenders. ( read original story ...)
Economic Buzz: Japan Posts Y1,878.4 Billion Current Account Surplus In November
Japan posted a current account surplus of 1,878.4 billion yen in November, the Ministry of Finance said on Tuesday, down from 2,144.7 billion yen in October. Exports were down 3.4 percent on year to 6 ... ( read original story ...)
RBI Warns Bad Debt Surge Threatens India Financial Stability
India’s central bank expects banks’ bad-loan ratios to almost double this year and warned that soaring markets and a weakened economy threaten financial stability. ( read original story ...)
Taiwan’s coronavirus success, job opportunities lure foreigners to talent-thirsty island
Taiwan is becoming increasingly attractive for expats due to its successful handling of the coronavirus pandemic, its media freedoms and ‘gold card’ scheme for skilled workers. ( read original story ...)
Cyprus looks for a piece of the action with ‘Olivewood’ movie industry
The Mediterranean island of Cyprus is shooting for the stars in its latest bid to attract investment, offering “aggressive” incentives to promote a fledgling film industry the locals dub 'Olivewood'. ( read original story ...)
In historic move, Oman to appoint first-ever crown prince
Oman ruler Haitham bin Tariq issued a royal decree on Monday, January 11, effectively paving the way for the constitution to be amended in order to appoint a crown prince. It will be the first time ... ( read original story ...)
JPMorgan favors South Korean market and mega-cap tech stocks
JPMorgan Private Bank's Alex Wolf discusses the investment case for South Korea's mega-cap tech stocks and Chinese tech companies. ( read original story ...)
DP World’s Smart Solution Logistics signs agreement with Israel’s Allalouf Logistics
DP World’s port-centric logistics arm Smart Solution Logistics (SSL), based in Dubai, has signed an agreement with Israel-based Allalouf Logistics to explore new growth opportunities for the logistics ... ( read original story ...)
Azerbaijan reveals who is exempt from paying mandatory health insurance fees
Working group will be established headed by deputy prime ministers of Azerbaijan, Armenia and Russia - President Putin Politics 113:13 Statement of 10 November being successfully implemented - ... ( read original story ...)
American Businessman Publicly Announces His Hate for Michael Jordan in a Cryptic Post
It is tough to believe that there are public figures who not just dislike but 'hate' Bulls' Michael Jordan. Read about one such personality. ( read original story ...)