Tuesday , April 23 2019

International News

Tokyo’s prosecutors indict Carlos Ghosn on new charges

Bloomberg Carlos Ghosn was indicted on new charges of misdirecting company money for his personal use, the most serious allegations yet against the former chairman who once led the alliance between Nissan Motor Co, Renault SA and Mitsubishi Motors Corp. Using foreign corporate entities in 2017 and 2018, Nissan lost ...

Read More »

China outlines new approval process for top games market

Bloomberg Chinese regulators have sketched out new requirements for videogame approvals following a year of scrutiny, providing more clarity to Tencent Holdings Ltd and other players struggling with a crackdown in the world’s largest gaming market. The State Administration of Press, Publication, Radio, Film and Television issued notices that detailed ...

Read More »

Singapore in talks with more electric car firms after Dyson

Bloomberg Following Dyson’s plans late last year to manufacture its first electric car in Singapore, the city-state is now in talks with other makers of green vehicles to set up shop on the island. Singapore is pitching its connectivity to global markets through free-trade agreements, its high-skilled workforce and stringent ...

Read More »

US opportunity zone rules seek more capital in distressed areas

Bloomberg The Trump administration released rules for a tax break designed to encourage economic development in distressed areas throughout the US by making it easier to invest in businesses and real estate in low-income communities. Wall Street banks, private equity firms, real estate developers and others have been eagerly awaiting ...

Read More »

Canada exporters still struggling despite rising oil

Bloomberg Canada recorded smaller trade deficits than expected in the first two months of 2019 on a rally in oil prices, but figures show the nation’s exporters are still struggling. The nation posted a smaller-than-expected C$2.9 billion ($2.2 billion) deficit in February, and Statistics Canada revised down its initial deficit ...

Read More »