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Home Business (page 20)

Business

Business News Today: Get all the Latest Business News, Market News, Asian and International Business News on the Asian Affairs.

Vicki Belo was turned away from a Chanel Fashion Show in Paris

By The Asian Affairs
October 17, 2022
in :  Business, Lifestyle, Singapore
Vicki Belo was turned away from a Chanel Fashion Show in Paris

Celebrity doctor Vicki Belo was not allowed in and the door was closed at a Paris Fashion Week event. In her recent Instagram story, she even flagged that she was all glam up at the “Chanel Fashion Show” event she was attending. There are also some IG snaps where she is constantly posing while “on the way” at the said …

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JP Morgan CEO Dimon predicts a recession in the next 6 to 9 months

By The Asian Affairs
October 11, 2022
in :  Business, Economy
JP Morgan CEO Dimon predicts a recession in the next 6 to 9 months

CNBC reported on Monday, October 10 that JPMorgan Chase & Co. chief executive Jamie Dimon stated the United States and global economy could enter a recession by the middle of next year. In an interview with a business news channel, he cited runaway inflation, large interest rate hikes, the Russian invasion of Ukraine, and the unknown impacts of the Federal …

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Paul Chan argues Hong Kong outperforms Singapore in international finance

By The Asian Affairs
October 10, 2022
in :  Business, Economy, Singapore
Paul Chan argues Hong Kong outperforms Singapore in international finance

Hong Kong beats Singapore in several aspects as an international financial centre, according to a senior official, who also revealed that a two-day global investment summit will be expanded to three days next month, coinciding with a big fintech festival in Singapore. But Financial Secretary Paul Chan Mo-po, who drew the comparison in a blog post on Sunday after a …

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PLDT warns Dito to pay P429 million or lose service

By The Asian Affairs
October 8, 2022
in :  Business, Technology
PLDT warns Dito to pay P429 million or lose service

PLDT is requesting that Dito Telecommunity pay P429 million in service costs, which Dito Telecommunity has refused to pay. In a filing with the stock exchange on Friday, October 7, the Pangilinan-led PLDT notified Dennis Uy’s Dito of a material breach and demanded payment for the construction and provisioning of transmission facilities that Dito is currently utilizing to deliver telecommunications …

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Kanye West’s Adidas deal ‘under review’ amid ‘White Lives Matter’ shirt scandal

By The Asian Affairs
October 7, 2022
in :  Business, Entertainment, Lifestyle
Kanye West’s Adidas deal ‘under review’ amid ‘White Lives Matter’ shirt scandal

Kanye West’s already tenuous relationship with Adidas is now “under review” in the wake of his recent “White Lives Matter” shirt incident. “After numerous attempts to quietly settle the matter, we have decided to reassess the collaboration,” the firm said in a statement released Thursday, according CNBC. During this period, we will continue to co-manage the present product. West, 45, …

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Robinsons Bank merges with BPI

By The Asian Affairs
October 1, 2022
in :  Business, Philippines
Robinsons Bank merges with BPI

The Bank of the Philippine Islands (BPI), which is governed by the Ayala family, and Robinsons Bank Corporation (RBC), which is led by the Gokongwei family, made the announcement of their intention to merge on September 30. It was highlighted by the firms that BPI will emerge as the surviving entity before to the year 2023’s conclusion. As part of …

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Kimchi crisis unfolds as cabbage go scarce

By The Asian Affairs
September 30, 2022
in :  Business, Economy, South Korea
Kimchi crisis unfolds as cabbage go scarce

The producers of kimchi in South Korea are going through a difficult time as a result of a lack of cabbages brought on by climate change, which has caused costs to skyrocket this year. This has compounded the harm caused by cheaper products made by Chinese competitors. Since kimchi, a spicy pickled side dish consumed daily by many Koreans and …

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Late Sultan’s heirs pursue Malaysian assets in the Netherlands

By The Asian Affairs
September 30, 2022
in :  Business, Geo Politics, Malaysia
Late Sultan's heirs pursue Malaysian assets in the Netherlands

On Thursday, September 29, the heirs of a late Southeast Asian sultan asked a Dutch court for permission to seize Malaysian assets in the Netherlands, according to their lawyer. They were seeking enforcement of an arbitration award in the amount of $15 billion that had been granted to them against the government of Malaysia. The petition that was filed at …

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Amazon-made device that can track your breathing while you sleep

By The Asian Affairs
September 29, 2022
in :  Business, Technology, World
Amazon-made device that can track your breathing while you sleep

Amazon made a number of product announcements on Wednesday, including an upgrade to its array of voice-controlled gadgets and e-readers, as well as a contactless device that can track people’s sleep. The online store claims that its sleep device, which is called Halo Rise and costs $139.99, monitors the temperature, humidity, and light levels in the room in addition to …

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Toni Gonzaga’s talent fee is an issue amid Shopee Philippines’ layoffs

By The Asian Affairs
September 29, 2022
in :  Business, Philippines
Toni Gonzaga's talent fee is an issue amid Shopee Philippines' layoffs

The world’s largest e-commerce platform, Shopee, is coming under fire on the internet after it teased the identity of its newest ambassador, who netizens immediately identified as Toni Gonzaga. A “face reveal” event is scheduled to take place on September 29, but Shopee has already published a teaser video of its brand ambassador. Shopee came under fire from internet users …

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