World News

World News

World news is a section of News on investvine.com
Goldman Sachs Ceo Apologises To Malaysia, Say People Were “defrauded”

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David Solomon, new CEO of Goldman Sachs Group (pictured), apologised to the Malaysian people for the role that a senior banker at the firm,...
Malaysia Insists Goldman Sachs Pays Back $7.5 Billion In 1mdb Case

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Malaysian Finance Minister Lim Guan Eng says his government insists on reclaiming $7.5 billion from US financial firm Goldman Sachs in reparations over the...
Opium cultivation in Myanmar drops further, UN says

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The area of opium poppy cultivation in Myanmar dropped for the fourth year in a row to 37,300 hectares in 2018 in the two...
EU lifts “yellow card” on Thai fishing industry

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The European Commission on January 8 removed Thailand from the group of "warned countries,” known as “yellow card,” for its action and progress in...
Laos to buy fighter jets, tanks from Russia

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Laos ordered an unknown number of fighter jets and up to 30 army tanks from Russia, with sources in Laos saying the purchase will...
Philippines to sign OFW pact with Russia

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The Philippine Department of Labor and Employment (DOLE) is set to sign a bilateral agreement with Russia on the deployment of overseas Filipino workers...
Malaysia wants $7.5 billion back from Goldman Sachs in 1MDB case

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Malaysia is seeking $7.5 billion in reparations from US investment firm Goldman Sachs over its dealings with scandal-ridden linked state fund 1Malaysia Development Berhad,...
Singapore bans Goldman Sachs banker for life

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Singapore through its Monetary Authority of Singapore (MAS) has ordered a lifetime ban against former Goldman Sachs banker Tim Leissner due to his involvement...
Malaysia files charges against Goldman Sachs

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Malaysian prosecutors have filed criminal charges against Goldman Sachs and two of its bankers for their role in the alleged embezzling of billions of...
Vietnam keen to host next Trump-Kim summit

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Vietnam has expressed interest in hosting the second US-North Korea summit, while high-level officials of the two countries were confirmed to have visited Vietnam...
Three Southeast Asian cities among most visited in 2018

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Bangkok, Singapore and Kuala Lumpur made it once again into the top-ten list of most visited cities 2018 issued by business intelligence firm Euromonitor...
Reports says Thailand has worst wealth distribution globally

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Thailand has overtaken Russia and India as the most unequal country in the latest survey by Credit Suisse. Two years ago, Thailand ranked third...
Foxconn plans iPhone plant in Vietnam in response to US-China trade war

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Taiwanese electronics assembler Foxconn Technology Group is planning to open an iPhone manufacturing facility for Apple in Vietnam to mitigate the effects of the...
Foreign direct investment into Malaysia increased 350% in past three quarters

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Malaysia’s foreign direct investments (FDI) volume increased to 49 billion ringgit ($11.72 billion) for the first nine months of this year compared with the...
Fortune magazine sold to member of richest Thai family

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US publishing house Meredith Corporation announced on November 9 it sold one of its business flagship titles, Fortune magazine, to a Thai tycoon for...
Thailand issues free visas-on-arrival to boost tourism

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The Thai Immigration Bureau has approved the plan to temporarily waive visa-on-arrival fees for 21 countries, China and India among them, in hopes of...
Singapore lifts land to prepare for rising sea levels

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Singapore is preparing early to protect itself from the consequences of climate change, something other countries in the region such as Thailand and Indonesia...
Thailand’s English proficiency deteriorates

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The new edition of EF English Proficiency Index (EF EPI), a ranking compiled annually by Swedish education company EF Education First, revealed that English...