Apple won’t hit revenue forecasts due to coronavirus
American multinational technology firm Apple said during the investor update that it will not meet its target earnings for March as its production and...
Thailand’s 5G auction raises over 100 billion baht
The National Broadcasting and Telecommunications Commission (NBTC) of Thailand has successfully concluded its 5G spectrum auctions on Sunday which raised a total of 100.52 billion baht...
China to destroy banknotes from coronavirus-hit areas
All paper currency from hospitals, markets, and buses in some regions of China that have been hard hit by the coronavirus, officially named Covid-19,...
Tesla plans to strengthen financial position by issuing more shares
American automaker Tesla announced that it would sell $2 billion of common stock in a new public offering in order to purchase another 15%,...
Vietnamese Airlines endure $430 million revenue loss due to coronavirus
As the coronavirus (now named COVID-19) continues to spread fear in several parts of the world, Vietnamese airlines reported that they were losing up to $430...
3 Filipino church leaders accused of fraud and trafficking in US
Three top administrators of a Philippine-based church were indicted by an American federal grand jury for alleged immigration fraud and labor trafficking.
Guia Cabactulan, Marissa...
Taiwan warns of retaliation against Philippines if travel ban continues
The Taiwanese government said it could take countermeasures if the Philippines keep its entry ban on Taiwanese over fears amid the coronavirus outbreak.
Foreign Ministry...
Nissan sues former chairman and seeks $91 million damages
Japanese auto giant Nissan Motor Co. has sued its former chairman Carlos Ghosn as it seeks $91 million (for ¥10 billion) in damages.
The civil...
Experts blame China for uncontrolled rise in coronavirus deaths
The coronavirus death toll and diagnoses continue to increase daily, and experts say that this is fueled by China’s lack of control measures, suppression of...
Philippines’ credit rating gets upgrade due to “strong economy”
American credit watcher Fitch Ratings was impressed with the “very strong” macroeconomic story of the Philippines and gave it an upgraded outlook.
The Philippines is...
