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Philippines’ credit rating gets upgrade due to “strong economy”
American credit watcher Fitch Ratings was impressed with the “very strong” macroeconomic story of the Philippines and gave it an upgraded outlook.
The Philippines is...
Coronavirus hammered Hong Kong’s economy worse than protests
The trading in Hong Kong has been hit harder by the novel coronavirus compared to the six months of anti-government protests, according to financial...
Telemedicine owners charged in million dollars’ worth fraud scheme
The owners of telemedicine companies Advantage Choice Care and Tele Medcare were charged for allegedly masterminding a $56 million healthcare fraud scheme.
Reinaldo Wilson and...
Bank exec barred by FED for involvement in Malaysian scandal
A senior executive of Goldman Sachs Group was permanently banned from working in the banking industry after he was found to have a role...
Philippines’ Central bank warns of fake banknote designs circulating on social...
The Central Bank of the Philippines, or “Bangko Sentral ng Pilipinas” (BSP) in Filipino translation, warned the public against fake designs of banknotes that were recently posted on social media. BSP released an advisory on January 23 saying that the postings were made by an existing Facebook account with the user name “Bangko Sentral ng […]
China’s new coronavirus hits global markets
"The cost to the global economy can be quite staggering in negative GDP terms if this outbreak reaches epidemic proportions."
Thus,
said Stephen Innes, an...
Three Malaysian execs face money laundering charges
Former Federal Land Development Authority (FELDA) Chairman Tan Sri Shahrir Abdul Samad and former International Trade and Industry Minister Datuk Seri Ahmad Maslan were arrested on...
UN worries about unemployment of 470M people worldwide
The United Nations’ International Labor Organization (ILO) said it is really worried about the lack of decent jobs of nearly half a billion people...
Thai regulations hurdle Tesco’s sale of Asian assets
Tesco's plan to sell its Asian assets may face scrutiny due to the new anti-competition regulations imposed by the Thai government.
Sakon Varanyuwatana, chairman...
What to expect next as US-China trade deal gets inked
Investors across the globe can now expect a "fair and reciprocal trade" said US President Donald Trump as his country’s deal with China finally got...
