Category: PMN Business

Oct 25

Jokowi’s Son to Uphold Key Policies as Prabowo’s VP Candidate

Article content (Bloomberg) — The eldest son of Indonesia’s President Joko Widodo pledged to uphold his father’s existing policies as he runs alongside Defense Minister Prabowo Subianto as his vice-presidential candidate. “Our task now is to continue existing programs and refine them,” said Gibran Rakabuming Raka, 36, after his candidacy was earlier announced by Prabowo […]
Oct 25

Born after Superstorm Sandy’s destruction, 2 big flood control projects get underway in New Jersey

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Wayne Parry Published Oct 25, 2023  •  3 minute read Join the conversation Article content HOBOKEN, N.J. (AP) — A decade after they were first envisioned in the aftermath of Superstorm Sandy ‘s destruction, two of the largest flood control projects designed to […]
Oct 25

Top Green Politician Can’t Make Germany Meet Climate Aim

Breadcrumb Trail Links PMN Business Even with one of the world’s most powerful green politicians in charge, Germany is failing on almost all its climate targets. Author of the article: Bloomberg News Petra Sorge Published Oct 25, 2023  •  5 minute read Join the conversation m[rt7wd{4f{bfi1nlhaer1}5_media_dl_1.png Source: German Environment Agenc Article content (Bloomberg) — Even […]
Oct 24

Germany to Pass Japan as 3rd-Largest Economy, Helped by Weak Yen

Article content (Bloomberg) — Germany’s economy is projected to dislodge Japan’s as the world’s third largest in 2023, helped by a slide in the yen against the dollar and the euro.  The International Monetary Fund’s latest projections estimate Germany’s nominal gross domestic product at $4.43 trillion this year, compared with $4.23 trillion for Japan.  Article […]
Oct 23

Singapore’s Core Inflation Cools to 18-Month Low in September

Article content (Bloomberg) — Singapore’s core inflation decelerated further in September, vindicating the central bank’s decision to leave monetary policy settings unchanged this month. The core measure, which excludes housing and private transportation costs and is tracked by the Monetary Authority of Singapore, cooled to 3% from a year ago, official data showed Monday. Article […]
Oct 22

Apple supplier Foxconn subjected to tax inspections by Chinese authorities

Article content BANGKOK (AP) — Foxconn, a Fortune 500 company known globally for making Apple iPhones, was recently subjected to searches by Chinese tax authorities, state media reported Sunday. Foxconn, a Taiwanese -headquartered company officially registered as Hon Hai Precision Industry Co., Ltd, had its offices in Guangdong and Jiangsu provinces searched by tax officials, […]
Oct 22

Australian prime minister announces China visit hours before leaving for US to meet Biden

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Rod Mcguirk Published Oct 21, 2023  •  Last updated 2 hours ago  •  3 minute read Join the conversation Australian Prime Minister Anthony Albanese speaks to the media during a press conference at Parliament House in Canberra, Sunday, Oct. 22, 2023. Albanese will visit […]