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 ...

SINGAPORE'S JOB PAYOUT SCHEMES QUASHED FOR MANY FIRMS PERFORMING UNETHICAL PRACTICES

HIGHLIGHTS

• Inland Revenue Authority said around S$10 million worth of Jobs Support Scheme (JSS) payouts were denied to 444 businesses, either halfway or in full, after "unsuitable practices" were watched.

A portion of these practices ...

HONG KONG GOVERNMENT INFLUXES CASH IN PUBLIC TO ROLL IN ECONOMY IN LOCAL MARKETS

HIGHLIGHTS

• As the city is enveloped with the coronavirus outbreak, people are in dire need of money, to push the people out of the financial crisis, the government of Hong Kong has laid out cash provisions through a scheme that will allow people to use the money...

SAMSUNG C&T CORP. TO GIVE UP SHARES, INCREASE DIVIDEND PAY RATIO

Highlights –

• Samsung C&T Corp. to give up treasury stocks
• Company to raise the dividend payout ratio to 70 percent
• Appointment of three new outside directors

South Korea’s Samsung C&T Corp. announced to...

Santander Launching Ripple-Powered Payments in Six New Corridors, Banking Huge Not Making utilization of XRP

Spanish banking enormous Santander says it will rapidly extend its utilization of Ripple's cross-fringe installments stage. In an ongoing meeting held by the Institute of Global and European Affairs, dealing with the executive of electronic speculation banking at Santander, John Whelan, discu...