AsiaConnect Magazine Team

The World Bank has significantly reduced its 2023 global growth outlook and warns that the world is “perilously close” to a recession.

The World Bank made significant reductions to its 2023 global growth outlook in light of what it considers to be…

Delta, the company, has announced a 5% increase in employee pay, marking the second time in a year that the company has boosted pay for its workers.

Delta Air Lines has announced a 5% increase in employee pay, the second time in less than a year that…

Binance announces the discontinuation of its technical support for WazirX, its former India-based partner.

Binance will cease offering its wallet and technical services to WazirX, escalating the conflict with the Indian cryptocurrency exchange that…

The International Monetary Fund (IMF) has increased its global growth forecast as inflation has stabilized and household spending has exceeded expectations.

On Monday, the International Monetary Fund (IMF) revised its global growth projections for the year, predicting an increase of 2.9%,…

On February 6th in London, Renault and Nissan will unveil their revised alliance structure.

Renault and Nissan, the French-Japanese car manufacturers, announced in a joint statement on Thursday that they will formally present the…

PhonePe, backed by Walmart, reported a nine-month revenue of $234 million in 2022, showing significant growth.

PhonePe, India’s most valuable fintech startup with a $12 billion valuation, revealed in a filing that it recorded a revenue…

Philippine contact centres prevail in the fight to permanently legalize remote employment.

Manila: The Philippines’ finance secretary announced that contact centres and other BPO firms could preserve their tax breaks and permit their…

EU aims to outlaw products created using forced labour as a dig at China

Belgium — The European Commission on Wednesday suggested a ban on all products made with forced labour, motivated by worries…

Microsoft fixes a new zero-day vulnerability affecting all Windows systems

Microsoft has fixed a zero-day vulnerability that affects all supported versions of Windows and has been used in actual attacks.…

For both inexperienced and seasoned traders, the Indonesian cryptocurrency platform Reku was created

The country’s commodities futures trading organization estimates that cryptocurrency transactions in Indonesia reached $60 billion in 2018. Reka, a cryptocurrency…