Japan is preparing to join the growing list of countries requiring Electronic Travel Authorization (ETA) for immigration purposes, even for travelers who are currently exempt from visas under various waiver agreements. The new system, provisionally named ‘JESTA,’ is in development and is expected to be implemented several years from now....

Shares of New World Development Co., owned by Hong Kong’s billionaire Cheng family, dropped as much as 14% on Monday morning due to a worsening property market downturn. The company revealed late Friday that it expects to report a loss of up to $2.6 billion for the financial year ending...

Kelly Zong, also known as Zong Fuli, the daughter of the late Chinese billionaire Zong Qinghou, has officially assumed control of Hangzhou-based beverage giant Wahaha Group, according to a local business registration system. The Qichacha business registration platform confirms that Zong is now the company's chairman and CEO and has...

Ebusco's Supervisory Board has announced the appointment of Christian Schreyer as the new CEO as part of the company’s turnaround strategy. The decision followed an internal review, which concluded that the organization should be led by a single CEO with proven experience in public transport management. Founders Peter Bijvelds and...

Brazil, home to the world's fifth-largest internet user base, has banned the social media platform X (formerly known as Twitter). The ban, which took effect over the weekend, follows a protracted conflict between X's owner, Elon Musk, and Brazil's Supreme Court Justice Alexandre de Moraes. De Moraes had previously ordered...

OKX, a prominent global cryptocurrency exchange and Web3 technology firm, has announced that its Singapore-based entity, OKX SG Pte. Ltd. (OKX SG), has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). Alongside this milestone, the company has appointed Gracie Lin as CEO of OKX...

One of the things that I’ve learned the hard way has been to ensure that not only do I have a Plan A in place for my business, but that I also have a Plan B ready to replace Plan A. And then, that I also have a Plan C...

The Forum on China-Africa Cooperation (FOCAC) has elevated China-Africa relations to unprecedented levels, and the 2024 summit is expected to further deepen cooperation between China, African countries, and the Global South, according to Dennis Munene Mwaniki, Executive Director of the China-Africa Center at the Africa Policy Institute. Speaking to the...

A new report from the Institute for Policy Studies reveals that the CEOs of some of the largest companies employing low-wage workers in the US are prioritizing their own short-term gains over long-term investments. The report highlights that these companies are spending far more on stock buybacks than on capital...