Recent Posts

There’s one place the US still dominates in Asia

For all the talk of America’s decline and China’s rise, Asians still seem obsessed with events in one corner of Washington, D.C.: the Federal Reserve. This week’s meeting of the Federal Open Market Committee was the first I’d observed from Asia in 15 years. During that period, China’s economy has grown from about the size of Italy’s to surpass Germany ...

Read More »

Instagram posts to soon help sniff out tax fraud in India

Bloomberg A photo of your shiny new car on Instagram or the Facebook post about your chic holiday cottage may lead India’s taxman to your door. Starting next month, Prime Minister Narendra Modi’s government will begin amassing a warehouse of virtual information collected not just from traditional sources like banks but also from social media sites, as it looks to ...

Read More »

Samsung profit, sales surpass estimates on chips, S8 smartphone

Bloomberg Samsung Electronics Co.’s quarterly profit and revenue topped analysts’ estimates, fueled by the success of its new Galaxy S8 smartphones and demand for semiconductors. Net income rose to a record 10.8 trillion won ($9.6 billion) in the three months ended June, the Suwon, South Korea-based company said in a filing, exceeding the 9.75 trillion won average of projections compiled ...

Read More »
Send this to a friend