Micro News

The German car manufacturer has been fined 1 billion euros (USD $1.18 billion) over diesel emissions cheating. This is one of the largest ever fines imposed by the German authorities against a firm. The fine follows a plea agreement from the U.S. from January 2017 when VW agreed to pay USD $4.3 billion…


IMF chief Christine Lagarde launched an attack by global economic organisations on Donald Trump’s “America First” trade policy on Monday the 11th of June. Lagarde went on to warn that clouds over the international economy keep getting darker and darker according to sources. Trump reversed out of a…


Young professionals in Hong Kong are living in “nano-flats” and co-shares as homes continue shrinking. Tower blocks of miniature apartments with the latest technology continue to pop up everywhere but at a considerably high cost. For example, Adrian Law, 25, finance worker, paid over HK$6 million (USD…


Asset managers in China are said to have begun fundraising for 6 Chinese “unicorn” funds on Monday the 11th of June by offering retail investors a new investment channel but possibly straining tight market liquidity. The 300 billion yuan (USD $47 billion) plan stands to beat all the equity funds raised…


ECB Plans to End Bond-Buying

The European Central Bank (ECB) has recently stated that it would end in December the mass bond-buying used to support the Eurozone economy, in an indication of confidence in the outlook for inflation and growth in the bloc. According to Mario Draghi, the President of the ECB, after September 2018,…


Should You Invest in North Korea?

Donald Trump presented a movie displaying large skyscrapers, bright lights and high-speed trains to North Korean leader Kim Jong Un. The US president was seeking to pitch a future to Kim Jong Un which would be possible if Pyongyang were to give up their weapons. However, according to analysts, few people…


The Power of Negative Thinking in Business

According to sources, worry and pessimism helps to avoid mistakes and can also make good business sense. Expecting the worst or not being complacent when everything is alright. By being chronically uneasy could prove to be helpful for a lot of business people and perhaps even healthier too. Successful…


China has stated regret over the EU’s decision to lodge an intellectual property rights complaint at the World Trade Organization (WTO). This is simultaneous as Beijing is being entangled in a dispute with Washington which is very much alike. The European Union launched the challenge on Friday the…


Societe Generale, France’s 2nd biggest bank, is said to be ready to pay US and French authorities USD $1.34 billion in order to settle allegations that it bribed officials in Libya and manipulated the Libor interest rate. According to French prosecutors, the bank had agreed to pay EUR €500 million (USD…



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