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Entrepreneur Turned Beauty Mogul Is South Korea's Newest Billionaire
APR Corp., a once-obscure Seoul-based startup is now at the center of the K-beauty boom. Behind the firm is 36-year-old Kim Byung Hoon, a tech entrepreneur-turned-beauty mogul whose company has made him South Koreas newest billionaire.
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US Banks Are Flying Gold Worth Billions Of Dollars From London To New York. Here's Why
The gold rush is largely driven by Trump's tariff threats, which have caused gold prices in London to drop by around $20 since December.
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Who Is Indian-Origin Pam Kaur, HSBC's 1st Female CFO In 160-Year History
HSBC Bank has named Indian-origin Pam Kaur as its new Chief Financial Officer (CFO), the first woman to hold this position in its 160-year history. She is replacing Georges Elhedery, who took over as CEO earlier this year.
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SWIFT Lays Out Blueprint for Central Bank Digital Currency Network After 8-Month Experiment
SWIFT, the financial messaging system that connects over 11,500 banks and funds around the world, has laid out a blueprint for a global central bank digital currency (CBDC) network. The plans for a CBDC network come after an 8-month experiment with the central banks of France and Germany and lenders such as HSBC, Standard Chartered and UBS. Once sc...
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Singapore State Investor Temasek Joins Facebook's Libra Cryptocurrency Project
In April, Libra's governing body said the planned digital currency will be linked to individual national currencies and overseen by global watchdogs, in a scaled-back revamp it hopes will win regulatory approval.
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Coronavirus: Facebook, LG, Others Curb Travel to China as Warnings Grow
Facebook and other global companies including LG Electronics and HSBC are restricting travel to China, as the death toll from a flu-like virus rose above 100 on Tuesday.
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Indian Parents Work Extra Hours And Borrow To Put Kids Into Varsities: Report
Nearly half of Indian parents sacrifice their holidays to take up extra work and borrow to fund their children's university education, says a report.
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PM Narendra Modi's Dilemma As Government Presents Union Budget Today
After scoring a rare sovereign upgrade late last year, PM Modi wants to keep global investors and credit-rating companies on his side in the Budget 2018. Key to that will be sticking to his goal to narrow one of Asia's largest budget deficits.
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Over Rs 19,000 Crore In Black Money Detected After Probe Into Global Leaks
The Income Tax department has detected over Rs 19,000 crore in black money following investigations into global leaks including HSBC account holders in Switzerland, the Indian government said on Friday.
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India Leads Globally In Adoption Of Biometric Technology: Report
With advancements in the field of biometric technology, India has topped globally in adoption of biometrics techniques, says a report. "On an average, people in India (9 per cent) are three times more likely than any other country (3 per cent) surveyed to have used 'iris recognition' to identify themselves," said the HSBC's recent 'Trust in Technol...
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Banks Planning To Move 9,000 Jobs From Britain Because Of Brexit
The largest global banks in London plan to move about 9,000 jobs to the continent in the next two years, public statements and information from sources shows, as the exodus of finance jobs starts to take shape.
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Cooperating With Indian Authorities on Swiss Account Probe: HSBC
Facing a probe by Indian authorities into accounts held by Indians in Switzerland, global banking giant HSBC on Monday said it is cooperating with the authorities.
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Dry Spell Wilts Crops, Stokes Food Inflation Concerns
Farmers in the country run the risk of planting too much, too fast in the current monsoon season as an unexpected dry spell starts to wilt crops across the country, raising fears of lower yields and surging food prices in a mostly impoverished nation.
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India Overtakes China in High-End Smartphone Volume Growth: HSBC
The report by HSBC added India will account for 12 percent of the global smartphone market in 2019.
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Have Signed India's Proposal Seeking Assistance in Black Money Probe: Whistleblower Hervé Falciani to NDTV
Former HSBC employee-turned-whistleblower, Hervé Falciani, whose disclosures caused a global storm this week, has told NDTV that he has signed and returned the proposal India sent to him. The Finance Minister had recently said that the whistleblower had been requested to provide more information and they are awaiting word from him. Mr Falciani...
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Entrepreneur Turned Beauty Mogul Is South Korea's Newest Billionaire
APR Corp., a once-obscure Seoul-based startup is now at the center of the K-beauty boom. Behind the firm is 36-year-old Kim Byung Hoon, a tech entrepreneur-turned-beauty mogul whose company has made him South Koreas newest billionaire.
-
US Banks Are Flying Gold Worth Billions Of Dollars From London To New York. Here's Why
The gold rush is largely driven by Trump's tariff threats, which have caused gold prices in London to drop by around $20 since December.
-
Who Is Indian-Origin Pam Kaur, HSBC's 1st Female CFO In 160-Year History
HSBC Bank has named Indian-origin Pam Kaur as its new Chief Financial Officer (CFO), the first woman to hold this position in its 160-year history. She is replacing Georges Elhedery, who took over as CEO earlier this year.
-
SWIFT Lays Out Blueprint for Central Bank Digital Currency Network After 8-Month Experiment
SWIFT, the financial messaging system that connects over 11,500 banks and funds around the world, has laid out a blueprint for a global central bank digital currency (CBDC) network. The plans for a CBDC network come after an 8-month experiment with the central banks of France and Germany and lenders such as HSBC, Standard Chartered and UBS. Once sc...
-
Singapore State Investor Temasek Joins Facebook's Libra Cryptocurrency Project
In April, Libra's governing body said the planned digital currency will be linked to individual national currencies and overseen by global watchdogs, in a scaled-back revamp it hopes will win regulatory approval.
-
Coronavirus: Facebook, LG, Others Curb Travel to China as Warnings Grow
Facebook and other global companies including LG Electronics and HSBC are restricting travel to China, as the death toll from a flu-like virus rose above 100 on Tuesday.
-
Indian Parents Work Extra Hours And Borrow To Put Kids Into Varsities: Report
Nearly half of Indian parents sacrifice their holidays to take up extra work and borrow to fund their children's university education, says a report.
-
PM Narendra Modi's Dilemma As Government Presents Union Budget Today
After scoring a rare sovereign upgrade late last year, PM Modi wants to keep global investors and credit-rating companies on his side in the Budget 2018. Key to that will be sticking to his goal to narrow one of Asia's largest budget deficits.
-
Over Rs 19,000 Crore In Black Money Detected After Probe Into Global Leaks
The Income Tax department has detected over Rs 19,000 crore in black money following investigations into global leaks including HSBC account holders in Switzerland, the Indian government said on Friday.
-
India Leads Globally In Adoption Of Biometric Technology: Report
With advancements in the field of biometric technology, India has topped globally in adoption of biometrics techniques, says a report. "On an average, people in India (9 per cent) are three times more likely than any other country (3 per cent) surveyed to have used 'iris recognition' to identify themselves," said the HSBC's recent 'Trust in Technol...
-
Banks Planning To Move 9,000 Jobs From Britain Because Of Brexit
The largest global banks in London plan to move about 9,000 jobs to the continent in the next two years, public statements and information from sources shows, as the exodus of finance jobs starts to take shape.
-
Cooperating With Indian Authorities on Swiss Account Probe: HSBC
Facing a probe by Indian authorities into accounts held by Indians in Switzerland, global banking giant HSBC on Monday said it is cooperating with the authorities.
-
Dry Spell Wilts Crops, Stokes Food Inflation Concerns
Farmers in the country run the risk of planting too much, too fast in the current monsoon season as an unexpected dry spell starts to wilt crops across the country, raising fears of lower yields and surging food prices in a mostly impoverished nation.
-
India Overtakes China in High-End Smartphone Volume Growth: HSBC
The report by HSBC added India will account for 12 percent of the global smartphone market in 2019.
-
Have Signed India's Proposal Seeking Assistance in Black Money Probe: Whistleblower Hervé Falciani to NDTV
Former HSBC employee-turned-whistleblower, Hervé Falciani, whose disclosures caused a global storm this week, has told NDTV that he has signed and returned the proposal India sent to him. The Finance Minister had recently said that the whistleblower had been requested to provide more information and they are awaiting word from him. Mr Falciani...
