Starting Monday, Germany’s blue-chip DAX index will include 10 more companies to become the DAX-40. Selection criteria have been decisively changed. The 10 newcomers — in the order of their market value — are Airbus,...
The week is winding down and risk-appetites seem vulnerable even though the MSCI Asia Pacific Index pared its first weekly loss in four, led by gains in Tokyo and Hong Kong. With those gains, Japanese...
China Evergrande, once the country’s second-largest real estate developer, is drowning in debt. Some 1.5 million people have put deposits on new homes that have yet to be built. A collapse could be catastrophic. Property...
A US federal court has ordered Apple to accommodate developers when it comes to payments for apps and services. The ruling came in the legal tussle between Apple and Epic Games. California federal court judge...
The government has announced a very ambitious plan of monetizing infrastructure assets worth $81 billion. Experts believe it’s a good idea, but the execution looks challenging. The timing isn’t perfect, either. The Indian government has...
The balance in the US government’s checking account, the Treasury General Account (TGA) at the Federal Reserve Bank of New York, plunged by $240 billion since the end of July, to $297 billion, according to...
Ireland’s privacy regulator has fined WhatsApp a record amount for breaking European Union data protection rules. It said the company had failed to give users transparency about how their data would be used. Ireland’s Data...
Why online Term Policies are available at very low premium? The profile of policy holders opting for online policies is different from the general public. This will ensure lower death rate among these elite clients...
Osteoarthritis is a crippling, incurable disease. But scientists behind a new large-scale study say their findings could help pave the way to a cure. A group of international researchers has found promising clues to help...
South Korean lawmakers have unanimously passed legislation making it impossible for Apple and Google to force app developers to use the tech giants’ payment systems. The move could trigger similar steps elsewhere. South Korean parliamentarians...
Federal Reserve Chairman Powell’s long-anticipated speech at Jackson Hole provided fireworks but not quite what the market had expected. Confirmation of tapering was supposed to lift US rates and the dollar. Instead, the opposite took...
Hydropower has long been seen as a reliable renewable energy source. But during drought and heavy rain, hydropower plants often come to a standstill. Will climate change spell the end for this clean energy alternative?...