Date
18 January 2019

BUSINESS

  • SimCity, a popular city-building video game, will mark its 30th anniversary this year. In the game, players scramble to build their ideal cities, but no matter how much effort you put into designing a virtual city, chances...
  • Some are worried that the global economic growth may run out of steam if the world’s largest growth engine, China, shifts to a lower gear.  A recent Bollywood movie, Pad Man, may offer some insight as to...
  •   Who doesn’t want to go to Japan for a vacation? All the delicious sushi and sashimi you can eat, a stay in a quaint and tidy ryokan, amazing sights, great shopping bargains: just the perfect therapy...
  • China’s envoy to Canada warned Ottawa there would be repercussions if it banned technology firm Huawei Technologies Co. Ltd. from supplying equipment to Canadian 5G networks, Reuters reports.  Ambassador Lu Shaye, speaking at a news conference...
  • Facebook Inc. said it has removed hundreds of Russia-initiated accounts, which it judged to be involved in coordinated inauthentic behavior on its platforms, including some linked to state-owned news agency Sputnik, Reuters reports. In a separate...
  • Dystopian movie Bird Box helped Netflix Inc. draw a record 8.8 million new paid streaming customers in the fourth quarter, but the company fell slightly short of Wall Street’s revenue estimates and shares tumbled 3 percent...
  • Sears Holdings Corp. chairman Eddie Lampert won a bankruptcy auction to buy the once iconic US retailer after presenting an improved offer of US$5.2 billion, but creditors quickly moved to oppose the deal, Reuters reports.  Sears...
  • US Treasury Secretary Steven Mnuchin discussed lifting some or all tariffs imposed on Chinese imports and suggested offering a tariff rollback during trade discussions scheduled for Jan. 30, the Wall Street Journal reported on Thursday, citing people...
  • As downward pressure mounts on China’s economy, Beijing has announced a raft of measures to boost liquidity in the financial system. However, offering more liquidity does not necessarily guarantee that people will borrow.  The People’s Bank of...
  • Facebook has announced that will spend US$300 million over the next three years to provide grants to various organizations across the world that are helping the cause of local journalism. The cash commitment will be used...

WORLD

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