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Malaysia_Airlines_new CEO

Malaysia Airlines gets foreigner as CEO

For the first time in its history, Malaysia Airlines will get a foreign head. Malaysia Airlines has been reported to have appointed a foreigner to head the helm of operations under the planned overhaul of the drowning carrier. The new CEO will...
Smart Gold Atms_Singapore_india

Singapore gets its first Smart Gold ATMs

Smart Gold ATMs are now available in Singapore for the first time. Singapore has launched Smart Gold ATMs for the first time, offering access to its citizens to easier gold retail buys to revive gold sales. The custom built automated teller...
Richard Verma US ambassador to india

Obama nominates Richard Verma as ambassador to India

Richard Verma will be the first Indian-American as ambassador to India. US President Barack Obama has named Richard Verma as the next envoy to India, who will succeed Nancy Powell, if chosen. This is a first time an Indian-American has stepped...
Microsoft buys Minecraft

Microsoft buys Minecraft developer Mojang

Minecraft developer Majong acquired by Microsoft for $2.5 billion. Microsoft acquired video game Minecraft developer Majong for $2.5 billion on September 15, 2014. The Stockholm-based company will join Microsoft Studios, the developers behind...
Europe faces economic recession

Europe faces risk of another recession, says top China economist

Chinese economist reveals Europe’s risk of facing another recession. Europe may be approaching its third recession since the 2008-09 global economic crisis, having a direct impact on the region’s investments and exports in China, Justin...
Apple iPhone 6 iWallet

Apple signs up major card firms for iPhone 6 ‘iWallet’

Apple partners with Visa, Mastercard and American Express for iPhone 6 ‘iWallet’. Readying itself to unveil its new payments system, tech giant Apple has signed up with major card firms such as Visa, MasterCard and American Express...
US visas for China investors

US runs out of visas for China investors

The US ran out of visas for China applicants under the EB-5 program. For the first time ever, the US has reached its limit for EB-5 investor visas for China. As per the US State Department, the EB-5 Chinese applicants limit for fiscal year 2014...
whatsapp reaches 600 million

WhatsApp monthly active users hits 600 million mark

Instant messaging service Whatsapp’s monthly active user base grows to 600 million. Since its buyout by Facebook 6 months ago, the graph of WhatsApp has only gone upwards. Jan Koum, the CEO and founder of the app, tweeted that WhatsApp’s...
Bangkok tourism drops

Bangkok loses top tourism spot to London

London surpasses Bangkok in the MasterCard Global Destination Cities Index 2014. Bangkok has lost its top spot in the MasterCard Global Destination Cities Index 2014 to London this year under the ‘Most Visited City’ tag, owing to...
Pope Francis Visits South Korea - DAY 1

Sino-Vatican relations to improve after Pope’s Asia tour

Renewed hope for Sino-Vatican relations post Pope Francis’ Asia tour. When China allowed Pope Francis to pass through their airspace en route to South Korea last week, it was taken as a positive indication that there was still hope for...