Financial, automotive, and battery material gains push Seoul stocks higher at the close.

Automakers, battery materials businesses, and financial institutions were the day's top gainers on the South Korean stock market. The domestic currency depreciated versus the dollar.

After gaining 3.99 points, or 0.16 percent, the Korea Composite Stock Price Index ended the day at 2...

As the economy weakens, governments and businesses around the world are investing less in technology and fewer in services for running a business

On Thursday, HCL Technologies NSE 1.60% reported a 19% increase in consolidated net profit, to Rs 4,096 crore, compared to the same period last year. To the tune of Rs 26,700 crore, quarterly income was up nearly 20% year-over-year. The final tally surpassed expectations, which were put at Rs 3,6...

The worldwide economic impact of the crisis in Ukraine

Worldwide households and businesses faced a number of difficulties throughout the last year. An already fragile global economic recovery was thrown off course by Russia's invasion of Ukraine, which presented fresh difficulties for governments and consumers alike.

 Ford Motor Co...

Tech businesses in Singapore are consulted on draught codes of conduct: Josephine Teo

The threat to ethnic harmony and religious tolerance is Singapore's top concern when it comes to online safety, and these are the things the government has suggested codes of practice to protect. Josephine Teo, the minister of communications and information, stated on Wednesday (Jun 29).

Scope 3 emissions divide European and US oil and gas businesses on the path to net-zero emissions

By mid-century, all European oil firms have pledged to achieve net-zero emissions of any type, a timeframe that scientists think will keep global warming to less than 2 degrees Celsius.

Customers, on the other hand, say that they should be held responsible for the carbon they emit by pa...

How Singapore's businesses are waging talent wars

In a typical year, lawyers at one of Singapore's top four local law firms can expect to receive an annual raise of between 10% and 15%.

According to one former employee, the company stated that staff will receive a higher raise this year. According to the guy, his compensation incre...

The resistance rises in tandem with Australia's resource pipeline

Just a few years ago, the Australian resource industry was under a cloud amid a worldwide campaign to diversify away from oil and gas businesses.

During a global energy crisis, the pipeline of new resource projects is increasing, and returns are hovering around record levels.

...

HOME-GROWN CHINESE BRANDS CREATING A FLUTTER WITHOUT HURTING POCKETS

• Social media and e-commerce have rattled the retail industry and unarguably reduced the bargaining power for firms trying to sell their wares to the increasingly cost-competitive Chinese consumer.
• Locals often veer towards imported brands seeking better quality and aesthetics w...

BUSINESSES VIOLATING SUSPENSION OF WORK AMID STATE OF EMERGENCY IN JAPAN TO BE FINED

Highlights –

• Businesses violating suspension of work amid state of emergency in Japan to be fined.
• A fine of 500,000 yen could be imposed if orders are not followed.
• Prefectural governors will be allowed to issue legally binding order...

INSURANCE AGENTS LOSE OUT OVER BUSINESSES SMASHED DUE TO PANDEMIC IN COURT

HIGHLIGHTS

• Insurance companies lost a case against businesses claiming for money that are hit by the aftermath of coronavirus possibly making the way for a huge number of dollars in payouts

The NSW court decided that clauses pertaining to ...

COMMERCIAL BANKS IN THAILAND TO SUBSIDIZE BUSINESS ENTERPRISES

HIGHLIGHTS

• Thailand banks to help out business enterprises to sail through the pandemic
• Thailand innovative measures and support of every organization will help build the kingdom again

The Bank of Thailand (BOT) has doled out busines...

OPENING MEASURES IN CHINA IMPACT UK BUSINESSES

Highlights:

• China’s recent act of opening the markets to boost the economy has a positive impact on British businesses.
• China has threatened countermeasures against the UK for helping Hong Kong residents to acquire British citizenship if Beijing...

HONG KONG BUSINESSES AND WORKERS THREATENED BY CHINA

Highlights:

• China is using the strategy of fear and pressure to gain support for its increasingly hard-line stance in the Asian financial capital.
• The financial workers of Hong Kong lodged complaints with the Hong Kong financial regulators that two Ch...

RETAILERS AND SMALL BUSINESSES ARE ELIGIBLE FOR EMERGENCY CREDIT

Highlights

• All the assistance under this scheme will be sent in the form of additional working capital through a term loan facility for the eligible MSMEs and businesses

• As per CAIT, retailers and small businesses lost business worth Rs 9 lakh crore, while the Ce...

AFTER MSMEs, INDIA’S ECONOMIC PACKAGE FOCUSES ON SELF-EMPLOYED & MIGRANT WORKERS

Following Prime Minister Narendra Modi’s announcement of economic package worth Rs 20 lakh crore, Indian Finance Minister Nirmala Sitharaman came on Wednesday and announced measures which focused on reviving MSMEs and small businesses. On Thursday, FM Sitharaman came with further breakup of...

SEOUL BRINGS IN ADDITIONAL $72 BILLION TO REBUILD BUSINESESS

The Government of South Korea has decided to bring in package of $72 billion on the top of previous stimulus package which was worth $80.2 billion. This newly announced package will aid businesses to keep their employees on payroll along with help to self-employed and temporary workers with some ...

MILAN MAYOR NOT READY TO UPLIFT LOCK DOWN SO SOON

Highlights:

• Mayor Guiseppe Sala is facing tremendous pressure from the governor and the right-wing to exit the lockdown
• IMF has warned that Italy will hit 9% decline in its economy
• Banks and businessmen are also worried about the continuation of the lockdow...

GOVERNOR MANDATES CLOSING OF SCHOOLS AND REOPENING OF SOME BUSINESSES

Governor Greg Abbott declares all Texas schools to remain shut through the academic year 2019-20

He has directed for some businesses to open to help families hit by the financial imbalance.

Governor Greg Abbott declared all Texas schools will be shut through the finish of the ...

WASHINGTON'S SMALL BUSINESS OWNERS CONNECT ONLINE WITH CUSTOMERS

Highlights:

• Small service business owners are making creative online videos to stay in touch with their customers
• Washington is now biking more to stay fit and save money.

With the ban on non-essential businesses, shops, gyms, exhibition galleries, a...

KOREA INTENDS PROPPING SME’S BY PAYING MONEY UPFRONT

• The Korean Government is undertaking a slew of measures to bring the small business enterprises back on track.
• The Government will spend money upfront to help businesses weather the loss.

The self-employed and small businesses have been under ...