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OCBC Bank to Bolster Corporate Banking with Expanded Software Engineering Team in Shenzhen

OCBC Bank to Bolster Corporate Banking with Expanded Software Engineering Team in Shenzhen

OCBC Bank plans to hire 300 highly skilled engineers in China over the next three years to strengthen its corporate banking business, expanding its Shenzhen office where it currently has over 260


Trudeau's Government to Vote on Capital-Gains Tax Increase, Raising Billions Despite Business Concerns

Prime Minister Justin Trudeau's government will vote on a proposed capital-gains tax inclusion rate hike.

Malaysia Overhauls Long-Standing Fuel Subsidies, Leading to Over 50% Hike in Diesel Prices

Diesel prices in Malaysia rose about 50% on June 10 due to the government's revised approach to fuel subsidies to cut spending and save billions of ringgit.

Chinese Mining Firm Operations in Central African Republic Suspended Over Alleged Ties to Armed Groups

The Central African Republic government ordered a Chinese mining firm to cease its operations after it was accused of working with armed militias.


Latest News

Disneyland Employee Dies After Falling from Golf Cart in Backstage Area
A Disneyland employee has died from injuries sustained after falling from a moving golf cart in the backstage area of the theme park, authorities reported.
Samsung Workers Stage First Strike in Company's History
Samsung workers in South Korea stage their first-ever strike, organized by the Nationwide Samsung Electronics Union (NSEU) due to failed negotiations over pay and bonuses, impacting nearly a quarter of the company's workforce and coinciding with a strategic day off.
Walmart Opposes New York's Panic Button Law for Retail Worker Safety
Walmart opposes a new New York law requiring panic buttons for retail worker safety, citing concerns over potential false alarms, despite the legislation being passed by the state Senate and Assembly and awaiting the governor's signature.
Oregon Authorities Expand Shellfish Harvesting Closures Statewide Due High Level Toxins
Oregon authorities have expanded shellfish harvesting closures statewide due to rising toxin levels, including razor clams and bay clams, following a paralytic shellfish poisoning outbreak.
CalFresh Summer Benefits: How Much Additional Food Stamps Are Californians Getting?
Starting this month, SNAP benefits recipients will see a $120 increase in payments as part of the SUN Bucks initiative, aiming to assist families relying on summer nutrition programs.
 Sen. Bob Menendez Key Witness Testifies in Corruption Trial, Alleging Bribery and Mercedes-Benz Gifts
During Sen. Bob Menendez's corruption trial, witness Jose Uribe testified that he provided bribes and gifted a luxury car to Menendez's wife.
Alex Jones seeks court approval to switch his personal bankruptcy from reorganization to liquidation, aiming to sell assets to repay $1.5 billion owed to Sandy Hook families amid lawsuits over his claims of the tragedy being a hoax.
Yelp Can Sue ReviewVio for Damages After Promising to Suppress Bad Reviews, According to Court Ruling
A US District Court judge ruled that online review platform Yelp could pursue a lawsuit against ReviewVio for its alleged fraudulent advertising of its ability to remove “bad” reviews from the Yelp website.
Oil Giant BP's Former Boss Backs Labour Energy Policy, Calls for New North Sea Drilling Licenses To Be Halted
Oil giant BP's former boss, John Browne, seems to support a new Labour energy policy as he calls for the end of North Sea drilling licenses.
CHINA-ECONOMY
Global fund managers are returning to China as MSCI China Index climbed 24% from its January low, leading to a $2 trillion increase in market value.
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