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ECONOMY
Japan Government is Offering Tax Discounts Up to 5% for Cash Payments

Japan Government is Offering Tax Discounts Up to 5% for Cash Payments

Due to the hike in the sales tax rate from 8% to 10%, the Japan government will reward cashless payments. The merchants will get the cashback of up to 5% on his purchases. Japan is…

ECONOMY
Big US Companies Think Tariffs Is Not The Most Important Issue In Trade War

Big US Companies Think Tariffs Is Not The Most Important Issue In Trade War

The tariff reduction in the trade war between the US and China is not seen as the most important issue according to the CFO’s of leading companies in the US. As per a survey conducted,…

ECONOMY
House Price Growth Falls in the UK While Inflation is Lower Than Analyst Estimates

House Price Growth Falls in the UK While Inflation is Lower Than Analyst Estimates

The house prices in the United Kingdom have increased at a breakneck pace over the past decade or so, but in the latest data released by the Office for National Statistics (ONS), the rate of…

ECONOMY
UK Unemployment Drops with Marginal Fall in Latest Data

UK Unemployment Drops with Marginal Fall in Latest Data

The prospect of Brexit and slowdown in business investment over the recent months has made for a gloomy outlook for the future of the United Kingdom, however, it has not yet had a profound effect…

ECONOMY
Shipping Data Shows Weakness, Another Indicator of Slowing Economy

Shipping Data Shows Weakness, Another Indicator of Slowing Economy

The shipping data is considered as the key indicator of the health of the world economy. Data from the DHL, UPS, and FedEx the cargo imports in the US fell in February sending a warning…

ECONOMY
NFC Money Transfer Candidate Specification (NMT), an alternative to QR codes

NFC Money Transfer Candidate Specification (NMT), an alternative to QR codes

The Near Field Communication (NFC) Forum released its NFC Money Transfer Candidate Specifications (NMT) on Tuesday, March 5, providing payment service providers and consumers an alternative to QR codes by using their NFC payment solutions…

ECONOMY
Suncorp’s Core Banking Revamp Taking Longer than Expected, Says CEO Michael Cameron

Suncorp’s Core Banking Revamp Taking Longer than Expected, Says CEO Michael Cameron

In August 2016, Suncorp launched a multi-year venture to modernize and update their core banking system with latest developments in Oracle FFS, known as project Ignite. Recently Suncorp has said the configuration of the platform…

ECONOMY
Egyptian Billionaire Says Trump is Right about China

Egyptian Billionaire Says Trump is Right about China

Egyptian billionaire Naguib Sawiris did an evaluation of the ongoing trade war between the U.S. and China and the security concerns of many western countries about Chinese telecommunications giant Huawei. He told, China has been…

ECONOMY
Indian Government Collects Rs. 4,172 Crore as Late Fee for GST Returns Filing

Indian Government Collects Rs. 4,172 Crore as Late Fee for GST Returns Filing

The government has collected a total amount of Rs. 41,72 crore for the delay in filing the GST returns as late fee. The government has imposed a fine of Rs. 25 per day on Central…

ECONOMY
Economy shows more signals of recession says Bond King Jeffrey Gundlach

Economy shows more signals of recession says Bond King Jeffrey Gundlach

According to the recent Conference Board’s Consumer Confidence Index, it is said that Drooping consumer sentiment is pointing the way towards a substantial economic slowdown, in particular, the gap that exists between current sentiment and…