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South Korea has made an announcement regarding a proposal to settle a labour dispute with Japan that dates back to the war.
On Monday, South Korea unveiled a controversial plan to raise local civilian funds to compensate Koreans who won damages in cases against Japanese businesses that enslaved them during World War II.
The proposal is a reflection of conservative South Korean President Yoon Suk Yeol's d...
The Call for European Games Funds to be Utilized for the Ukrainian Refugees
An online appeal was issued by Stowarzyszenie Miasto Wspólne, that is a Joint City Association, that the Prime Minister of Poland, Mateusz Morawiecki, donate the funds in Ukraine’s support.
Tomasz Le?niak signed a statement in this regard, on the organization’s behalf...
European Union Funds a Project to Increase Primary Healthcare Access
The European Union has funded a new project that will deliver digital healthcare equipment to two hundred rural healthcare facilities in Georgia. In addition to this, fifty centers will be given digital equipment for diagnosing chronic diseases and for routine healthcare services for children. Th...
JAPAN’S SBI HOLDINGS ORDERED TO SUSPEND OPERATIONS BY FSA
Highlights –
- Japan’s SBI Holdings ordered to suspend operations by FSA.
- The unit had solicited funds from investors with false or misleading information.
- The company had collected 20.7 billion yen ($190 million) from investors i...
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...
VICTORIAN GOVERNMENT ANNOUNCES 50-MILLION DOLLARS TO FUND mRNA COVID-19 VACCINE PRODUCTION IN AUSTRALIA
Highlights:
- The government of Victoria state announces 50 million dollars to fund the production of the mRNA covid-19 vaccine
- The production of the mRNA covid-19 vaccine is going to take at least 12 months to be produced in Australia
TAXI HAILING T MAP MOBILITY TO ISSUE NEW SHARES WORTH $357.3 MILLION
Highlights –
- Taxi hailing T Map Mobility to issue new shares worth $357.3 million.
- The shares will then be allocated to two private equity funds (PEFs).
- T Map Mobility’s move comes as it plans to compete with Kakao Mobility.
FEDERAL GOVERNMENT’S 1.3 BILLION DOLLARS FUND IS AVAILABLE FOR MANUFACTURING IN AUSTRALIA
Highlights:
- The 1.3 billion dollars fund of the federal government is now open to the producers of food and beverage across the Goulburn Valley in Australia
- The funding is designed for allowing the companies to invest in the manufacturing for the expa...
CHINESE INVESTORS ARE INVESTING MORE ON MMF SINCE MID-FEBRUARY
Highlights –
- Chinese investors are investing more on MMF since mid-February.
- China’s blue-chip index posted the worst monthly performance in March.
- The Hwabao WP Listed Money Market ETF saw its total units increase 21% to 1.77 b...
UK GOVERNMENT TO PROVIDE SPORTS WITH FURTHER 50 MILLION POUNDS SUPPORT PACKAGE
Highlights:
- The government of United Kingdom is going to provide sports with 50-million pounds as support package
- The government said that, the sports include horse riding, speedway, rugby league and drag racing are going to receive a combined 40 mill...
SCOTT MORRISON ANNOUNCED APPRENTICESHIP FUNDING FOR YOUNG WORKERS IN AUSTRALIA
Highlights:
- The prime minister of Australia has announced the apprenticeship funding for the young workers in the country
- The funding has been announced in an attempt for stopping the young worker from becoming unemployed
On Tuesday,...
S. KOREAN GOVT. LIKELY TO EXPAND EMERGENCY RELIEF FUNDS FOR THE 4TH TIME
Highlights –
- S. Korean govt. likely to expand emergency relief funds for the 4th time.
- The emergency relief funds would include merchants whose yearly sales are more than $364,000.
- The country’s ruling Democratic Party (DP) and ...
S. KOREA SUGGESTS MONITORING MARKET VOLATILITY OVER GAMESTOP CASE
Highlights –
- S. Korea suggests monitoring market volatility over GameStop case.
- Retail investors recently snapped up shares of U.S video game vendor GamseStop.
- The buying spree is said to have incurred heavy losses for hedge funds.
S. KOREA’S RULING DP TO ROLL OUT FOURTH ROUND OF COVID-19 STATE BUDGET FUND
Highlights –
- S. Korea’s ruling DP to roll out fourth round of COVID-19 state budget fund.
- The govt. last year had distributed more than $27.8 billion to households.
- The funds were also given to small merchants and business owner...
CHINA’S BIG HOLIDAY SEASON AMIDST LUNAR NEW YEAR TRAVEL BUG SO FAR SO GOOD
- An eerie calm prevailed over Beijing’s main train station as efforts to dissuade Chinese from traveling for Lunar New Year appeared to be on course. Passenger strength at the station was less than seen usually in past years.
- It was with Thursday which commenced the roughl...
BANK OF JAPAN’S UNREALIZED PROFIT FROM ETF STANDS AT AROUND $125 BILLION
Highlights –
- Bank of Japan’s unrealized profit from ETF stands at around $125 billion.
- BOJ's ETF buying is reportedly aimed at supporting the economy.
- The country's core consumer price index fell 1.0 percent in December ...
TWO BLACKROCK FUNDS TO INVEST IN BITCOIN FUTURES
Highlights:
- The investment giant thinks Bitcoin futures has potential
- The organization never hinted at their interest in cryptocurrency in the past
BlackRock Global Allocation Inc. And BlackRock Funds V, funds under BlackRock, shall be investing in B...
RBI’S TO INITIATE RECOVERY IN MONEY-MARKET RATES VIA CASH TIGHTENING
HIGHLIGHTS
- The Reserve Bank of India aims to drain Rs. 2 trillion (equal to $27.3 billion) of banking funds.
- The 14-day reverse repo operation to drain the cash starts on 15 JAN 2021.
With Reserve Bank of India (RBI) taking first sma...
ABE’S CASE AGAINST DINNER FUNCTIONS LIKELY TO BE DROPPED BY TOKYO PROSECUTORS
Highlights –
- Abe’s case against dinner functions likely to be dropped by Tokyo Prosecutors.
- Around 660 lawyers and other parties had lodged a criminal complaint against the ex-PM.
- The final decision on Abe’s criminal respo...
GERGELY GULYAS: HUNGARY CANNOT ACCEPT EUROPEAN UNION BUDGET IN CURRENT FORM
Highlights:
- Gergely Gulyas said that, Hungary will not be able to accept the budget of the European Union in its present form
- Poland and Hungary have been rejected from the 2021-2027 budget of the European Union
On Thursday, Gergely ...