Dealmaking in the US is boosted by a wave of multibillion-dollar buyouts

William Ruto, the current deputy president, is 55 years old, and Raila Odinga is 77 years old and running for president for the fifth time. Relations with China, which has made significant investments in the nation recently and raised fears among Kenyans, have emerged as a prominent area of conte...

Demonstrations against EGAT buying energy from the Luang Prabang Dam

Concerned about the upcoming signing of a Power Purchase Agreement (PPA) between the Electricity Generating Authority of Thailand (EGAT) and a group of private dam builders for the purchase of electricity from the Luang Prabang dam in the Lao PDR, a network of civil society organisations from eig...

Global Buy Now Pay Later Market was Valued at US$ 5.03 Bn in 2021, Growing at an Estimated CAGR of 20.3% over the Forecast Period (2022 – 2030)

Online shopping is not just a necessity but an obsession today and this is not restricted to any specific age group. People from various age group are extensively using online shopping apps and this is creating a demand for buy now pay later payment model. The companies in this domain are cashing...

BOJ REFRAINS FROM BUYING ETFs IN MAY FOR THE 1ST TIME

Highlights –

• BOJ refrains from buying ETFs in May for the 1st time.
• BOJ removed a $55 billion annual target for purchases to make ETF buying more flexible in March.
• The BOJ's total assets quadrupled to over 700 trillion yen over t...

BRITAIN’S CVC CAPITAL LIKELY TO BUYOUT TOSHIBA CORP. IN A PRIVATE DEAL

Highlights –

• Britain’s CVC Capital likely to buyout Toshiba Corp. in a private deal.
• The terms of the deal will be discussed between the two companies and also the government.
• Toshiba received the initial proposal by CVC on Tues...

JAPAN’S FORMER JUSTICE MINISTER KATSUYUKI KAWAI PLEADS GUILTY; RESIGNS

Highlights –

• Japan’s former Justice Minister Katsuyuki Kawai pleads guilty; resigns.
• Kawai is accused of violating the election law by handing out cash to politicians and supporters.
• On March 3 he was earlier released on 50 mill...

CASHIFY TO INCREASE SECOND-HAND SMARTPHONE BUSINESS IN INDIA

HIGHLIGHTS

• Cashify is planning to start second-hand smartphone business in India.
• Cashify has raised $15 million for this business.

Second-hand smartphone market is a huge market in India as tens of millions of people purchase such s...

XRP HITS A NEW HIGH @$0.50944 SINCE 2017

Highlights:

•        A new group called XRP “buy and hold” pushes the price

•        XRP is not new to pump & dump cryptocurrency tactics

With Bitcoin maturing, the recent...

BOJ TO ASSESS ITS ULTRALOOSE MONETARY POLICY FRAMEWORK

Highlights –

• BOJ to assess its ultraloose monetary policy framework.
• The BOJ plans on studying the side effects of its monetary policy in March.
• The central bank has maintained short-term interest rates at minus 0.1 percent.

JAPANESE LAWMAKER ANRI KAWAI GRANTED BAIL BY TOKYO DISTRICT COURT

Highlights –

• Japanese lawmaker Anri Kawai granted bail by Tokyo District Court.
• The lawmaker was indicted on a charge of vote-buying during an election last year.
• Kawai was arrested in June with her husband Katsuyuki.
• Both ...

IMPORTANT TIPS FOR HOME BUYERS

Highlights:

• Buying a good house of your choice is a big challenge and there are many factors to be considered.
• Before moving ahead with the process, there are many things that you need to consider.
• There are few important points that might ...

FORD TO ELIMINATE 1,400 U.S. SALARIED JOBS SAYS FORD AMERICA’S PRESIDENT GALHOTRA

Highlights

• The President of Ford America, Kumar Galhotra in an email to the employees said that the company is in a multiyear process of making Ford more fit and effective across the globe

• These layoffs are part of a multiyear $11 billion restructuring

...

U.S RETAIL COMPANIES HAVE MOVED UP THEIR HOLIDAY PROMOTION SALES SEASON

Highlights –

• U.S retail companies have moved up their holiday promotion sales season.
• Due to the uncertainty of the pandemic and social distancing norms, many retailers announced an early holiday season sale.
• Retail brands like Targe...

PRESIDENT TRUMP SIGNS AN EXECUTIVE ORDER FOR THE PURCHASE OF ESSENTIAL DRUGS FROM U.S. COMPANIES

Highlights

• It is to lessen the reliance on other nations across the globe
• It will turn the U.S. into the premiere medical manufacture and drug store of the world

President Donald Trump signed an executive order on the purchase of es...

STABLE COIN ADOPTION SURGED IN SOUTH KOREAN RURAL PROVINCE

Highlights:

• Buyeo County, a rural province of South Chungcheong South Korea, has experienced a rising demand for the blockchain-powered stable coin that was launched in 2019. 
• Most of the population of the South Korean County comprise of elderly ...

PHISHING SCAM CRACKED BY HK POLICE

HIGHLIGHTS

• Hong Kong police caught a phishing gang of the international level present in the neighborhood by capturing five individuals of the pack they state took the individual information of 2 billion individuals around the world.

The con ar...

MORTGAGE BANKERS ASSOCIATION: HOME BUYER DEMAND OBSERVES A RISE

Highlights

• Weekly mortgage applications for home purchase rose 2%
• It was striking 19% higher than a year ago

According to the Mortgage Bankers Association, homebuyer demand is heating up. Last week, total mortgage application volume ...

BANK OF ENGLAND ANNOUNCES BOND-BUYING PROGRAMME

Highlights –

• To fight COVID-19 pandemic crisis, BoE has announced a bond-buying programme.
• BoE plans to buy at least $125 billion bonds.
• BoE is also trying to steer inflation back to its 2% target.
• BoE hopes to keep th...

BANK OF ENGLAND ANNOUNCES BOND-BUYING PROGRAMME

Highlights –

• To fight COVID-19 pandemic crisis, BoE has announced a bond-buying programme.
• BoE plans to buy at least $125 billion bonds.
• BoE is also trying to steer inflation back to its 2% target.
• BoE hopes to keep th...

EUROPEAN STOCK MARKET REMAINED STEADY ON TUESDAY

Highlights –

• U.S Federal Reserve will start corporate bond-buying to control economic damage.
• The European stock index remains steady on Tuesday due to the same.
• The Federal Reserve will purchase bonds through SMCCF.
• Euro S...