German Cabinet approves national minimum wage
Chancellor of Germany Angela Merkel BERLIN (AP, 2 Apr) — Chancellor Angela Merkel's Cabinet approved a national minimum wage for Germany on Wednesday, guaranteeing workers at least 8.50 euros per hour ($11.75) starting next year. German wages had for decades been left to trade unions and business groups to establish for regions...
Moody’s: OCBC’s takeover of WHB credit negative
SINGAPORE, April 3 (Bernama) - Moody's Investors Services says Oversea-Chinese Banking Corporation Ltd's (OCBC) takeover of Wing Hang Bank is credit negative. On Tuesday, OCBC, (Aa1 review for downgrade, B/aa3 review for downgrade) announced that that it had made an offer to acquire 100 per cent of Wing Hang Bank Ltd's (A2...
Chinese travel agencies write off Malaysia
Chinese travel agencies write off Malaysia (3 April) A bold patriotic move, buzz-seeking or bullying? The Internet drives diplomacy. Internet users have been obsessed with the still-missing flight MH370, with interest showing no signs of falling a week after the Malaysian authority’s conclusion that the plane was “lost”...
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