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Samsung Biologics to invest 1.74-T won on super plant

Aug 11, 2020 17:16 pm UTC| Business Investing

Samsung Biologics would invest 1.74 trillion in building a massive fourth plant in Songdo, Incheon, that would employ 1,800 new employees by 2023 and produce 256,000 liters of drug substances in a single...

Mahindra luring investors to SsangYong with promise of giving up controlling status

Aug 10, 2020 22:33 pm UTC| Business Investing

Indian carmaker Mahindra Mahindra Ltd. announced its willingness to lower its shareholdings to below 50 percent and give up its controlling status at SsangYong Motor Co. if it finds a new investor. Mahindra has a 74.65...

Blue-chip, volatile, high-risk: retail investors are buying while professionals are selling

Aug 01, 2020 16:25 pm UTC| Investing

Stocks have held up relatively well during the COVID-19 pandemic. Following a steep decline in March, for example, the value of the Australian Stock has rebounded to be just 16% down on its February peak. Its a...

Five top tips for managing your personal finances during coronavirus

Aug 01, 2020 14:58 pm UTC| Investing

When it comes to money, coronavirus has split the nation. Financial stress dominates for many of the 9.5 million employees on furlough, potentially facing unemployment as the scheme unwinds, and for those whose small...

Forget a capital gains tax – what New Zealand needs is a tax on inherited wealth

Aug 01, 2020 14:41 pm UTC| Investing

The worlds wealthiest people will transfer US$15.4 trillion in assets to their heirs in the next decade, according to a recent report. Published by specialist data analysts Wealth-X, the report focused on the richest...

FxWirePro: Gold Vs US bond yield

Jul 30, 2020 06:52 am UTC| Technicals Investing

Ichimoku Analysis (Weekly Chart) Tenken-Sen- $1788 Kijun-Sen- $1678 Gold continuously trading on the higher side for the past four months and jumped more than $500 on safe-haven demand. The dovish Fed has dragged...

Microsoft shares dip 3% as cloud unit posts first growth under 50%

Jul 23, 2020 09:24 am UTC| Investing

Microsoft Corps shares plummeted three percent as its cloud computing business Azure posted quarterly sales growth under 50 percent for the first time. Microsofts revenue in its Intelligent Cloud segment jumped 17...

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Economy

FxWirePro: Sterling Looks Weaker On Gloomy Economic & Geopolitical Surface – Deploy ‘Debit Call Spreads’ To Hedge

The Corona crisis has hit the British economy comparatively hard. In addition, Brexit risks remain high, which is why we assume that the pound will continue to remain weak against the euro. Given that the UK and EU...

Macau begins bringing back gamblers from China

Macau has started reissuing tourist visas to bring gamblers back and keep casino operators from losing $15 million daily in expenses. The coronavirus lockdowns brought a severe downturn to the number of Macaus visitors...

US to label goods from Hong Kong as 'Made in China'

Good entering the US from Hong Kong after Sept. 25 will be labeled as Made in China, according to a notice in the US Federal Register. There are limited direct exports from Hong Kong, with most of the citys shipments to...

UK suffers 20.4% economic slump in Q2

The UK economy suffered its worst slump on record in the second quarter with a 20.4 percent plunge, the biggest of any major global economy. The slump, preceded by a 2.2 percent contraction in the first quarter, sent...

Greece's Preveza City leans on alternative tourism during pandemic

The pandemic opens up an opportunity for Preveza City, Greece, to promote alternative tourism, such as fishing and local life and culture related to the natural resources, says Constantin Koutsikopoulos, head of the...

Politics

Michelle Obama: Ex-FLOTUS, Oprah Winfrey, and many other influential women share why they vote

The November elections are shaping up to be a crucial one, with Donald Trump going against former vice president Joe Biden for the seat in the Oval Office. Former first lady Michelle Obama shares why she will be voting in...

Joe Biden, Kamala Harris make first joint appearance in Delaware

Joe Biden has officially announced that Senator Kamala Harris would become his running mate for the November elections. Following the announcement, the two will be making their first joint appearance as presidential and...

Donald Trump: Major companies speak out against POTUS' employment visa restrictions

Donald Trump is known for his anti-immigrant policies and is constantly pushing his America First agenda. Following his administrations announcement on employment visa restrictions, many major companies such as Apple,...

Ivanka Trump, Donald Trump once donated to Kamala Harris' attorney general reelection campaign

Since the news that California Senator Kamala Harris was chosen to be Joe Bidens running mate in the upcoming November elections, Donald Trump and his campaign have taken the opportunity to launch their attacks against the...

Science

Climate change: Arctic region may be completely thawed out by 2035, researchers claim

Alongside the COVID-19 pandemic is the fight against climate change, which is now occurring at an accelerated rate in some parts of the worlds polar regions. Unfortunately, researchers have predicted a grim outcome of the...

Asteroids: NASA reveals potentially hazardous asteroid 2011 ES4 to pass by closer than the Moon

Space agencies such as NASA are constantly on the lookout for asteroids that would wander into the Earths orbit. With the news of one particularly hazardous asteroid making its way Earthbound, NASA revealed when it will be...

NASA: Lucy mission passes important milestone in preparation for Trojan asteroid mission

NASA is currently preparing for several missions such as the Artemis mission, the future Mars missions, and the Lucy mission. The agency has now made progress on the Lucy mission as it was revealed that it has now passed...

Mars mission: Colonizing the Red Planet is best done under the surface, says scientists

The future Mars mission will see astronauts setting foot on the Red Planet for the first time, with space agencies hoping to colonize Earths neighboring planet successfully. According to scientists, the best chance of...

Technology

‘PUBG Mobile’: OnePlus owners get first taste of 90fps frame rate through Sept. 6

The new normal for PUBG Mobile would soon include playing the game in 90 frames per second. OnePlus smartphone owners, however, are getting the first taste of the frame rate boost until early September. PUBG Mobile...

‘Halo Infinite’ won’t be released with Xbox Series X; delay to 2021 confirmed

Halo Infinite was not just a sequel game fans have been waiting for years. It has also been billed as the launch game for Microsofts next-generation console Xbox Series X. That will not be the case anymore as the next...

‘The Last of Us Part 2’ video leak suggests multiplayer tests were done as recent as March

The rumor mill for the The Last of Us Part 2 multiplayer has recently restarted after another video leak. Aside from playing with friends, the leak suggests playing as a group of Seraphites could be an option. The Last...

‘Cyberpunk 2077’ Lifepath details revealed in Night City Wire episode 2

Lifepaths have been one of the anticipated features of CD Projekt Reds upcoming RPG. Luckily, the second episode of Night City Wire released on Monday revealed more information on how choosing among the Nomad, Street Kid,...
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