South Korea which is the fourth largest economy in Asia is forecasted to have slow growth in its first quarter as per a poll. The forecast predicted that the first quarter from Jan to March saw the economy growing at 0.3% which is the weakest since the fourth quarter of…
The world’s largest economy China is expected to a see a slow growth of 6.2% this year despite policy support from Beijing due to low local and international trade demand. The Chinese government had announced many measures which include tax cuts to reduce the balance sheets, more spending on infrastructure…
Dropping housing prices in Hong Kong has given way to concern about how the downturn will affect the city’s economy. Real estate plays a key role in Hong Kong’s economy. The U.S. China trade war has caused the home values in one of the world’s most expensive real estate market…
Air India Air Transport Service Limited (AIATSL) is the largest ground handling provider in India which functions across 76 airports. Indian Government has invited expression of interest [EOI], for the sale of Air India’s ground handling subsidiary. It has said that the government is going to sell its 100 percent…
The Bank of England said that the United Kingdom is likely to see its weakest economic growth since 2009 due to uncertainty over Brexit and also global economic slowdown. It also predicts that the interest rates will increase if Brexit deal goes through and Britain come out of the European…
The Congressional Black Caucus (CBC) leaders call on Virginia Democratic Gov. Ralph Northam to resign after a racist photo surfaced from his medical school yearbook page. But even after hearing Northam tell his side of the story — that it wasn’t him in the picture, but still, there are dozens…
Indian telecommunications company Reliance Communications Limited’s shares lost more than 50% of its value in the stock market as the company announced that it was looking for a resolution to its indebtedness through the bankruptcy court. RCOM was one of the biggest and most valuable telecommunication companies in the country,…
The disappointing figures in the fourth quarter earnings have instigated Panasonic Corp to lower its annual profit estimates, and much of it is down to the slowdown in the Chinese economy. The Japanese company has been badly hit due to the trade war between China and the United States as…