JAPAN’S CPI DROPPED 0.1% IN APRIL OVER MOBILE PHONE FEES

Highlights –

• Japan’s CPI dropped 0.1% in April over mobile phone fees.
• Bank of Japan struggled to accelerate inflation toward its elusive 2 percent goal.
• In April, mobile phone fees tumbled 26.5 percent from a year earlier.
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S. KOREAN OIL REFINERS HIT WITH LOW PROFIT MARGINS DUE TO PANDEMIC IN FY 2020

Highlights –

• S. Korean oil refiners hit with low profit margins due to pandemic in FY 2020.
• SK Innovation Co. and three other major oil refinery companies project a combined net loss.
• The benchmark Singapore complex gross refining mar...

India and Saudi future best friends?

The Kingdom of Saudi Arabia has done a huge influence over the world and is 1 of the most expensive countries in the world, it is hard to say what it is worth as the kingdom has never revealed its true assets and earnings, but we estimate it to be one of the top 3 wealthiest nations given the nat...