Articles by Staff Writer

Vietnam sees property rebound as more prefer mortgage than cash in buying homes

Vietnam is experiencing a real estate property rebound as thousands of first-time home buyers choose loans to buy their houses and pay mortgage for up to 15 years, increasing the real estate loans by 22 percent in 2015.

Dec 07, 2015 11:14 PM EST


Credit market faces $1 trillion problem from borrowers looking to refinance their debts

Lower quality, high yield, and leveraged loan borrowers are looking to refinance their loans, which is expected to reach up to $1.05 trillion to $1.2 trillion worth of low quality speculative grade debt.

Dec 07, 2015 11:09 PM EST


Great customer service is genuine customer service, according to experts

Patrick O’Conell, FRHI Executive VP Doug Carr, and Sara Kearney from Hyatt said great customer service is about being genuine, it shouldn’t be fake, developing a different personality, or scripted.

Dec 07, 2015 10:39 PM EST


Verizon to start offering Wi-fi calling to customers using the latest Samsung mobile devices

Verizon will roll out its Wi-Fi calling for its customers with Samsung's Galaxy S6 and S6 Edge starting December 8.

Dec 07, 2015 10:24 PM EST


The BMW i8 Spyder will be in production very soon, says CEO Harald Krueger

BMW CEO Harald Krueger said a production version of the BMW i8 Spyder, which was first seen as a concept in the Beijing Auto Show back in 2012, will be introduced very soon.

Dec 07, 2015 10:19 PM EST


Giant social media companies step up their fight against online Islamic militants in secrecy

Social media giants, Facebook, Twitter, and Google, are now stepping up their efforts to fight propaganda and recruitment done by Islamic militants online, but they are doing so quietly to avoid any misconceptions.

Dec 07, 2015 10:05 PM EST


PS2 games now available on PS4 via PlayStation Store

PS2 games for PS4 console can now be purchased through the PlayStation Store. Some of the games include, Dark Cloud, Grand Theft Auto games, Rogue Galaxy, The Mark of Kri, Twisted Metal: Black, and War of the Monsters.

Dec 07, 2015 09:50 PM EST


Chile inflation drop puts pressure for rate hike

Chile's central bank is expected to hike interest rate this month or January 2016. inflation rate dropped into the expected range for the first time in 20 months. However, the core inflation remains at high level. The slump in currency Peso is also impacting the inflation rate.

Dec 07, 2015 09:41 PM EST


46% of Americans are not loyal to their banks, finds survey

A latest survey highlights that majority of Americans are loyal to one bank, while 46.1% have two or more bank accounts. Women deal with fewer banks and men tend to do multiple banking, according to survey by GoBankingRates. Majority Americans keep less than $1,000 in their savings accounts.

Dec 07, 2015 09:37 PM EST


China's budget airline spread wings to cover more routes

The cost-cutting measures at corporate companies are creating more demand for budget airlines in China. A majority of business travellers are also preferring to fly by budget carriers. The four budget airlines are making profits in Chinese domestic aviation. The budget airlines account for seven percent of China's domestic air travel and is expected to grow over 100 percent in next five years.

Dec 07, 2015 09:31 PM EST


Ferrovial offers broadspectrum A$715M in Cash

Ferrovial SA offered A$715 million for Broadspectrum Ltd., almost a year after the company rejected its previous bid. However, lots of investors are unhappy with the new offer as it presents an opportunistic bid.

Dec 07, 2015 09:27 PM EST


Asian stock markets boosted after U.S. jobs report

Asian stock markets traded higher after the US jobs report suggested the likelihood of the Federal Reserve to rise interest rates in next week. Stock benchmark traded higher in Japan, China, South Korea, Singapore, Taiwan, Philippines, and Indonesia.

Dec 07, 2015 09:25 PM EST


A long-stretched financial winter looms over Hong Kong

Hong Kong's financial hub has slipped into pressure following the continuous economy slowdown in China and concerns about possible interest rate hike by US Federal Reserve. The GDP of Hong Kong's financial center is expected slip over two percent. The latest probe by Chinese authorities into financial markets is also creating tremors among hedge funds, fund managers, brokerage firms and banks.

Dec 07, 2015 09:24 PM EST


Terror attacks in California, Paris cost Travel industry $8.2B

After the recent terror attacks in California, as well as Paris and other parts of the world, 10 percent of American travelers cancelled booked trips, costing the travel industry a potential $8.2 billion.

Dec 07, 2015 08:03 PM EST


Bugatti partnered with Palmer Johnson to create$3.5M super-yacht

Bugatti partnered with Wisconsin-based Palmer Johnson to develop an open-superyacht called Niniette, which costs $2.1 million to $3.5 million.

Dec 07, 2015 06:50 PM EST


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