Oil Price Goes Up Amidst Plans of Russia-Saudi Deal
Russia and Saudi Arabia, the world’s two largest oil producers, have agreed to discuss measures to keep the oil market stable in the long term. Though there are still no …
India PM Calls for Support on Tax Reform
Indian Prime Minister Narendra Modi has called for the passing of an important legislation to reform the country’s tax system. India’s current tax model consists of 15 types of taxes, …
Brexit to Spur ‘Asian Century’
Asian Development Bank predicts that Asia will account for over half of the world’s GDP by 2050, which analysts are calling as the beginning of the ‘Asian Century.’ China and …
Japanese PM Shinzo Abe Sweeps Elections with Super Majority Win
An overwhelming win in the upper house elections of Japan has put Japanese Prime Minister Shinzo Abe in a favorable spot to pursue his economic plan and push for a …
Asian Powers Concerned of Global Stability After Brexit
Asia’s biggest economies expressed their concerns on the global stability of the world market after Britain’s exit from the European Union. Lou Jiwei, China’s Finance Minister said that Brexit’s consequences …
Putin Talks to China as Russian Economy Stumbles
With Russia’s deteriorating economic picture, Russian President Vladimir Putin traveled to China to meet with President Xi Jinping in a charm offensive designed to bolster Russia’s international profile. Russia has …
Auto-Rickshaw Service Withdrawal by Uber Raises Doubts
Uber has quietly withdrawn its auto-rickshaw service in Delhi, India. This move has led to doubts regarding the viability of their business model considering that similar companies, such as AutoWale …
Uber Faces Worst Nightmare As Global Rivals Unite
Uber is facing serious competition after four of its rivals forged an alliance to take it on. Didi Kuaidi (China) and Lyft (USA) were the first to officially announce their …
GrabTaxi and Hailo Now Authorized to Operate in Singapore
Cab-booking applications, GrabTaxi and Hailo successfully filed for registration in the Singaporean government to operate as a third-party taxi-booking mobile application. The certificates are valid starting Dec 1, 2015 up …
China to Set Stricter Regulations on Drone Delivery
It doesn’t look like drone delivery is going to take over the fast delivery bike couriers in China anytime soon. At Beijing’s General Aviation Development Summit just last week, it …