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Fake moon: Could China really light up the night sky?

A Chinese company has announced ambitious plans to put a “fake moon” into space to brighten the night sky. According to the People’s Daily state newspaper, officials at a private aerospace institute in Chengdu want to launch this “illumination satellite” in orbit by 2020, and say it will be bright enough to replace street lights. […]

India, China and Russia working to dump US dollar payments – Part 1

Image: Chabahar Port – courtesy The Hindu Online By Charles F. Moreira, Editor With the looming re-imposition of US sanctions on Iran coming into effect on 4 November 2018, aimed at killing off Iran’s crude oil exports amongst others, major oil importers such as India, China and Russia are looking at paying for oil in […]

What’s the cost of corruption?

Bribery costs the world an estimated $1.5 to $2 trillion annually – and that’s just one of the many aspects of corruption. What’s corruption costing the world? CNBC’s Xin En Lee explains from the annual IMF-World Bank meetings in Indonesia. SOURCE: CNBC (0)

How a Bitcoin exchange is surviving a central bank crackdown in India

Indian regulators’ clampdown on cryptocurrency businesses is forcing the exchange startup Unocoin to experiment with stablecoins and ATMs to continue receiving fiat deposits from customers. Read the full story at https://www.coindesk.com/unocoin-bitcoin-exchange-atm-stablecoin-central-bank-crackdown-india/ SOURCE:Coindesk (0)

LinkedIn CEO Jeff Weiner says the biggest skills gap in the US is not coding

As head of the world’s largest professional-networking site, Jeff Weiner, CEO of LinkedIn, presumably has access to more, and more detailed, employment information than any government. He knows what jobs people post, what jobs people have, and what jobs people want. And the biggest skills gap he says he sees in the United States is […]

What’s in China’s Military Exercise with Malaysia and Thailand?

This week, China’s defense ministry confirmed that Beijing was set to hold military drills with Malaysia and Thailand. The development spotlights China’s efforts to boost security ties with the two Southeast Asian states as part of their wider relationships even amid lingering concerns about aspects of Beijing’s behavior in the region. Read the full story […]

Trade deficit shrinks to 5-month low

India’s trade deficit shrank to its lowest in five months in September, at $13.98 billion, even as exports contracted for the first time in as many months, according to official data released on Monday. Read the full story at https://www.thehindu.com/business/Economy/trade-deficit-shrinks-to-5-month-low/article25229715.ece SOURCE: The Hindu (3)

Designer Jimmy Choo: 1st CIIE “definitely a huge event”

Jimmy Choo and godson Reggie Hung are set to make a big splash at the 1st China International Import Expo that will take place in shanghai between 5-10 November 2018. Watch the video at http://www.xinhuanet.com/english/2018-10/15/c_137533089.htm SOURCE: Xinhuanet (3)

Asian territories retain unassailable lead in container shipping connectivity

China remained the trading nation best connected to others by sea in 2018 according to UNCTAD’s latest Liner Shipping Connectivity Index (LSCI), released alongside the Review of Maritime Transport 2018. The country’s LSCI number has increased by 88% since UNCTAD first compiled the index in 2004. The best-connected territories for seaborne trade were all in […]

China working hard to ensure ‘six stabilities’

Amid complicated international landscape and new changes in China’s domestic economy, experts around the world believe that the Chinese government has sufficient policy tools to tap its inherent dynamism so as to secure robust and resilient economic growth. Read the full story at https://www.shine.cn/biz/economy/1810153434/ SOURCE: SHINE (1)

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