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Debdutta Ghosh


Blame Game Set Off In Australia after IBM Apologizes for Australian e-Census Bungle

While blaming two domestic internet providers for a security lapse during the national census, International Business Machines Corp apologized to Australia on Tuesday for the debacle. This debacle had come
Published on October 25, 2016
By Debdutta Ghosh

After Belgian ‘Non’, EU, Canada Still Hope to Sign Trade Deal

The European Union and Canada still appeared to be holding out hopes of a summit to sign off on the deal despite Belgium declaring on Monday that it could not
Published on October 25, 2016
By Debdutta Ghosh

Iraq Resists Joining Output Cut Resulting in Oil Prices Falling

Even as losses were capped by Iran saying it would encourage other members to join an output freeze, Iraq said it wanted to be exempt from an OPEC deal to
Published on October 24, 2016
By Debdutta Ghosh

EU-Canada Trade Deal Blocked by Belgian Internal Feud

Following the failure of the Belgian federal government to win the consent of French-speaking regional authorities, the European Union’s hopes of signing a landmark free trade deal with Canada this
Published on October 24, 2016
By Debdutta Ghosh

A Real Reason to Complain Exists for Germanyโ€™s Long-Suffering Savers

A political currency that never seems to lose its value in Germany is fretting about inflation. The savings of the people of Germany are in for a renewed onslaught from
Published on October 23, 2016
By Debdutta Ghosh

The Wobbling Bubble of Chinaโ€™s Housing Industry

In China, average prices for new homes rose 28 percent in Tier 1 cities, which encompass affluent metropolises like Shanghai, and 10 percent in smaller, Tier 2 cities in the
Published on October 23, 2016
By Debdutta Ghosh

In their Hunt for Next Unicorn, China Tech Giants Bet on ‘Uber For Bikes’ Two-Wheel Drive

‘Uber for bikes’ is what China’s tech industry is betting will be the country’s next big internet craze and the tech giants are sloughing hundreds of millions of dollars into
Published on October 22, 2016
By Debdutta Ghosh

Sources say Time Warner Agreed to be Bought by AT&T in Principle for $85 Billion

Giving the telecom company AT&T Inc control of cable TV channels HBO and CNN, film studio Warner Bros and other coveted media assets and paving the way for what would
Published on October 22, 2016
By Debdutta Ghosh

KPMG says Nothing Good for the Pound Offered by Brexit

The U.K. chairman at KPMG said that amid uncertainty over when the U.K. will leave the European Union (EU),, the pound will remain volatile. “There’s nothing sort of implicitly good
Published on October 21, 2016
By Debdutta Ghosh

ECB Points to December Meeting and Leaves Door Open to More Stimulus

The European Central Bank firmly shot down any talk of tapering its 1.7 trillion euro asset-buying program but kept the door open to more stimulus in December even as it
Published on October 21, 2016
By Debdutta Ghosh

$148 Billion Underground Bust Seen in China Capital Flow Crackdown

According to a newspaper published by Chinaโ€™s central bank, the countryโ€™s currency regulator bust underground banking operations that involved more than 1 trillion yuan ($148 billion), as a part of
Published on October 20, 2016
By Debdutta Ghosh

Shares of Apple supplier Laird Plunge as it Warns of Sharply Lower Profit

The shares of Apple Inc supplier Laird Plc were shot down by as much as 50 percent after the company cited a slowdown in smartphone sales and “unprecedented” pricing pressure.
Published on October 20, 2016
By Debdutta Ghosh

Risks to Central Bank Posed by Russiaโ€™s Widening Wealth Divide

Yet another downside to how little is left of the countryโ€™s middle class is being discovered by the Bank of Russia. Due to growing wealth inequality and the disappearance of
Published on October 19, 2016
By Debdutta Ghosh

Self-Driving Buses to be Tried Out in Singapore

As the city-state of Singapore pushes ahead with its vision of using autonomous technology to help deal with the challenges posed by its limited land and labor, it signed an
Published on October 19, 2016
By Debdutta Ghosh

Netflix Shares Jump 20 Percent as its Subscriptions Boom Around World

Netflix Inc has kept U.S. customers despite a price hike and as original shows such as “Stranger Things” drew new international viewers, the companyโ€™s shares soared 20 percent in late
Published on October 18, 2016
By Debdutta Ghosh

Settlement of U.S. Silver Price-Fixing Case to be done by Deutsche Bank for $38 Million

According to court papers filed on Monday, allegations that Deutsche Bank AG had illegally conspired with other banks to fix silver prices at the expense of investors would be settled
Published on October 18, 2016
By Debdutta Ghosh

After Pulling the Plug on Note 7, Samsung Slashes Third Quarter Profit Estimate by a Third

Soaking up a $2.3 billion hit from ditching its flagship smartphone in what could be one of the costliest product safety failures in tech history, Samsung Electronics Co slashed its
Published on October 12, 2016
By Debdutta Ghosh

Worry of Shortage Prompted by Potential Oil Output Deal

Oil industry executives are concerned the sharp drop in investment that followed the oil price crash could lead to another crisis – a supply shortage even while OPEC and other
Published on October 12, 2016
By Debdutta Ghosh

Yonhap Reports Note 7 Production Halt Deepening Samsung Recall Crisis

Dealing a further setback for Samsung Electronics Co Ltd in the midst of its worst ever phone recall crisis, the tech giant has suspended production of its Galaxy Note 7
Published on October 10, 2016
By Debdutta Ghosh

Films for Global, Chinese Audiences to be Co-produced by Alibaba Pictures and Amblin

Steven Spielberg’s Amblin Partners and Alibaba Pictures Group Ltd will co-produce and finance films for global and Chinese audiences. The two companies said this over the weekend. Alibaba Pictures Group
Published on October 10, 2016
By Debdutta Ghosh

IMF’s Lipton Calls for More โ€˜Arrowsโ€™, says he Likes Bank of Japan Policy Revamp

Bank of Japan has been called to be more vigorous with fiscal and structural policies to reflate a fragile economic recovery by the International Monetary Fund First Deputy Managing Director
Published on October 9, 2016
By Debdutta Ghosh

Anxiousness About Globalizationโ€™s Future Got Greater This Week

A bevy of analysts have been led to redouble their warnings that a backlash over globalization is poised to roil global financial marketsโ€”with profound consequences for the real economy and
Published on October 9, 2016
By Debdutta Ghosh

Sterling Decimated by โ€˜Flash Crashโ€™

Driven by computer-initiated sell orders that left the pound at a fresh 31-year-low and heading for its worst week since January 2009, Sterling lost a tenth of its value in
Published on October 7, 2016
By Debdutta Ghosh

IMF Chief says Deutsche Need Deal on Fine and Gives the Bank Tough Advice

Saying Germany’s biggest lender needed to reform its business model and rapidly reach a deal with U.S. regulators over a potentially huge fine, IMF chief Christine Lagarde gave Deutsche Bank
Published on October 7, 2016
By Debdutta Ghosh

Charges of Stealing Secret US Data Slapped ion NSA Contractor

The FBI is investigating possible links to a recent leak of secret hacking tools used to break into the computers of adversaries such as Russia and China, and arrested a
Published on October 6, 2016
By Debdutta Ghosh

Strategist says Amid Falling Bond Yields, Gold is the Ultimate โ€˜Anti-Bubbleโ€™

Diego Parrilla, managing director atinvestment firm Old Mutual Global Investors believes that we should recognize how mispriced gold is and it is being largely misunderstood. “We are creating the biggest
Published on October 6, 2016
By Debdutta Ghosh

Aston Martin will Lead with Ultra-Luxury Electric Vehicles, Forget Tesla: CEO

While there is a hype surrounding the great race for electric vehicle and as dominance in that market took center stage at the Paris Motor Show this week, not everyone
Published on October 5, 2016
By Debdutta Ghosh

U.S. Senator Claims Wells Fargo Account Scandal Extends to Small Business: Reuters

Questions about the scope Wells Fargo & Co’s issues with unauthorized accounts were raised as, according to a U.S. lawmaker, the scandal over improper sales practices at Wells Fargo &
Published on October 5, 2016
By Debdutta Ghosh

Maternal Instinct in Aging Japan to get a Tug by Toyotaโ€™s Robot Baby

Designed as a synthetic baby companion in Japan, where plummeting birth rates have left many women childless, Toyota Motor Corp on Monday unveiled a doe-eyed palm-sized robot, dubbed Kirobo Mini.
Published on October 4, 2016
By Debdutta Ghosh

31- Year Low for Pound on Brexit Hard Landing Fears

A revitalized dollar, boosted by resurgent U.S. interest rate hike expectations, and Brexit worries resulted in Britainโ€™s pound slumping to a three-decade low. Hit by a growing sense that the
Published on October 4, 2016
By Debdutta Ghosh

After CEO Reassures on Stability, Share of Deutsche Recover

After fears over its stability sent tremors through global financial markets, assurances that Germany’s largest lender remains robust was given by Deutsche Bank’s chief executive sought to reassure his staff
Published on September 30, 2016
By Debdutta Ghosh

$6.7 Billion Qatar Air Deal for 787, 777 Nearing, Said Boeing

Following U.S. approval of a long-stalled sale of F-15 fighter jets to the Persian Gulf nation, Boeing Co. is nearing an agreement with Qatarโ€™s flagship airline for a multibillion-dollar commercial
Published on September 30, 2016
By Debdutta Ghosh

Risk-parity Strategy Added Shine by Fed and BOJ

An alternative investment strategy that relies on cheap money and low market volatility to produce outsized returns was given a second wing by the Federal Reserve and Bank of Japan’s
Published on September 29, 2016
By Debdutta Ghosh

First OPEC Deal Since 2008 Proposes Modest Oil Output Curbs

After OPEC leader Saudi Arabia softened its stance on arch-rival Iran amid mounting pressure from low oil prices, the oil cartel agreed on Wednesday modest oil output cuts in the
Published on September 29, 2016
By Debdutta Ghosh

After Political Uncertainty Held Back Activity, Global IPOs Expected To ‘Take Off’ In 2017

A new report on the prospects of Initial Public Offerings (IPO) estimates that there would be a strong bounce-back in activity in the market in 2017 even as the market
Published on September 28, 2016
By Debdutta Ghosh

While BlackRock sees Only Bumps in Road, Bank of America Sees China Crisis

The Bank of America Corp. is of the view that because of Chinaโ€™s debt woes, there can be a financial crisis in China at any time. On the other hand
Published on September 28, 2016
By Debdutta Ghosh

Saudi Energy Minister says Algiers Talks are Consultative

Doubt on the chances of any policy decision during the energy meeting on Algeria were cast as Saudi Arabia’s Energy Minister Khalid al-Falih said on Tuesday that talks among OPEC
Published on September 27, 2016
By Debdutta Ghosh

Hillary Clinton the Winner of First Debate, Declare the Markets

Based on analysts’ take on the market reaction, Hilary Clinton appears to have edged out her Republican opponent Donald Trump in the first presidential debate. “Early indications suggest Hillary won
Published on September 27, 2016
By Debdutta Ghosh

Data on Traffic Conditions to be Shared by HERE as Three Automakers Team up to Share Data

As an industry first, drivers of cars would now be able to see for themselves what live road conditions are like miles ahead using data from competing automakers. This facility,
Published on September 26, 2016
By Debdutta Ghosh

Credit Suisse Report finds Company Returns more for Companies with Female CEOs & Board Members

The latest update to a key Credit Suisse report confirmed that with stock-price returns sometimes more than double that of less diverse companies, companies with more female senior managers perform
Published on September 26, 2016
By Debdutta Ghosh

Class Action Against Wells Fargo Filed By Two Former Employees

The troubles for Wells Fargo & Co seem to have just begun. After the US regulators pulled up the bank for irregularities related to fraudulent credit card accounts, seeking $2.6
Published on September 25, 2016
By Debdutta Ghosh

Expatsโ€™ Top Place to Live is Singapore โ€“ Beating New Zealand

Singapore has done it again. In a survey of expat destinations for the second year running, the city-state beat New Zealand to rank first. According to the latest and ninth
Published on September 25, 2016
By Debdutta Ghosh

$80 Million in Payments Withheld by Hanjin Cargo Owners, says the Failed Shipping Company

South Korean container carrier Hanjin Shipping Co Ltdโ€™s ability to move stranded freight were getting complicated as cargo owners were withholding up to $80 million in payments for completed shipments,
Published on September 24, 2016
By Debdutta Ghosh

Finally U.S. Investors Start Worrying About the Presidential Contest

With the first debate between candidates Hillary Clinton and Donald Trump starting on Monday, who becomes the next U.S. president will be a primary focus for Wall Street next week
Published on September 24, 2016
By Debdutta Ghosh

Action Against Apple, Carriers Mulled by Japanโ€™s Antitrust Watchdog: Reuters

In a move that could hit the company’s profit margins in one of its most profitable markets, the Japanese regulators are considering taking action against Apple Inc over possible antitrust
Published on September 23, 2016
By Debdutta Ghosh

Germany Loses Momentum as 20-Month Low Hit by Eurozoe Business Growth

Indicating that the economic upturn in the region is fragile and failing to achieve any real traction, there was more bad news for euro zone on Friday with the latest
Published on September 23, 2016
By Debdutta Ghosh

Driverless Car Firm Partner Uber Rival Grab in Singapore

It has been just days that Uber debuted its self-driving vehicles in the United States, its close rival ride-hailing firm Grab has set up a partnership with a start-up testing
Published on September 22, 2016
By Debdutta Ghosh

AS EMs eye Debt Markets, Saudi Arabia Gears up for International Bond Debut

As policymakers aim to boost public finances in the face of low commodity prices, a flurry of frontier market countries are looking to tap the international bond markets. In what
Published on September 22, 2016
By Debdutta Ghosh

Development of Mobility Apps the Priority for Take Over of French Tech firm by Renault & Nissan

As automakers Renault SA and Nissan Motor Co compete with global automakers and tech firms in the race for development of new services including ride hailing and car sharing, the
Published on September 20, 2016
By Debdutta Ghosh

Criticisms after Monsanto Deal Soothed by Bayer, Claims Expected Rise in Sale of Top Selling Drugs

Following the announcement of its $66 billion takeover of Monsanto, there were criticism by a large section of the company investors that the attention of German drug maker Bayer would
Published on September 20, 2016
By Debdutta Ghosh
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