Last updated on April 17th, 2020

Hong Kong dollar
Despite Persistent Inflows, Hong Kong Dollar Declines to Month’s Lowest 

The Hong Kong dollar, which remained the ninth most traded currency in the world as of April last year, has been hovering near the lower limit of its trading band a year later. The currency, also used in neighbouring Macau, is at its lowest since…

Singaporean Economy Suffers Due to Drop in Retail Sales Value 
Economic Crisis in Southeast Asia May Not Linger for Long 
UK arms sales
Saudi-UK Arms Sales May Boost Economy, But What About Innocent Lives? 

For a long time now, both Saudi Arabia and the UK have been strategic allies. With nearly 200 joint ventures worth $17.5 billion between both the companies in both the countries, Saudi Arabia is often considered UK’s primary trading partner in the entire Middle East. Similarly,…

Singapore Announces Huge Wage Credit Scheme While Deporting Expatriates 
Open Ended Singaporean Economy Collapses amid COVID-19 Crisis 
Hong Kong dollar
Despite Persistent Inflows, Hong Kong Dollar Declines to Month’s Lowest 

The Hong Kong dollar, which remained the ninth most traded currency in the world as of April last year, has been hovering near the lower limit of its trading band a year later. The currency, also used in neighbouring Macau, is at its lowest since…

Singaporean Economy Suffers Due to Drop in Retail Sales Value 
Economic Crisis in Southeast Asia May Not Linger for Long 
UK arms sales
Saudi-UK Arms Sales May Boost Economy, But What About Innocent Lives? 

For a long time now, both Saudi Arabia and the UK have been strategic allies. With nearly 200 joint ventures worth $17.5 billion between both the companies in both the countries, Saudi Arabia is often considered UK’s primary trading partner in the entire Middle East. Similarly,…

Singapore Announces Huge Wage Credit Scheme While Deporting Expatriates 
Open Ended Singaporean Economy Collapses amid COVID-19 Crisis 
Roman Abramovich
Roman Abramovich Owned Chelsea Records Losses Worth £96M 

Financial accounts for the 2018/19 season show Roman Abramovich owned football club, Chelsea to have witnessed an after tax loss of £96m ($126.3m exchange rate 1.31) for 2018-19. The fall out is major as compared to the £60m profit generated in the past 12 months….

WADA Ban
Is Russian Government Ignoring the Impact of WADA Ban on Athletes? 

As the World Anti-Doping Agency (WAAD) announced its decision to ban Russia from International Sports for the next four years, sportsman all over the world have expressed mixed reactions. Some are terming the punishment as a political conspiracy, others claim it to be a well-deserved…

Silver Lake
Manchester City Owner to Transact with Silver Lake, Selling $500M Stake 

Breaking a major record in sports valuation and fuelling the football group’s spread, the owner of Manchester City announced plans to sell a $500m stake to American private equity firm, Silver Lake. Sources have reported that the Abu-Dhabi controlled organisation that owns Manchester City and…

Haas F1
Romain Grosjean – Boon or Bane for Haas F1? 

Latest financial statements released by Haas F1, owned by American tycoon Gene Haas, revealed the teams plans to extend spending by 22 percent to $11.7 million last year. Over the years the performance of the Formula One team has deteriorated and Haas has been planning…

Hong Kong Protests
WTA Delays Tournament due to Hong Kong Protests 

Hong Kong protests have now started negatively affecting the sports tournaments organized in the city after strongly gripping its economy. The Women’s Tennis Association(WTA) recently announced their plans to postpone the Hong Kong Tennis Open competition that they organize in October due to the “present…