Business News

SINGAPORE (Reuters) — Like many rich Chinese, graduate student Zayn Zhang thinks Singapore could be ideal to park his family’s wealth. He’s hoping that studying at a university in the Asian financial hub will lead to permanent residency and while the 26-year-old hits the books, his wife…

HAGÅTÑA, Guam —  BankGuam Holding Company is pleased to announce that Maree Pelkey Sgro, vice president and investment advisor representative with BG Investment Services, Inc. or BGIS has earned the Certified Financial Planner certification. BGIS is a subsidiary  of BankGuam Holding Company. Issued…

HAGÅTÑA, Guam — BankGuam Holding Company announces the appointment of Kamia Leon Guerrero Dierking as an independent member of its board.  Dierking’s appointment was effective December 27, 2022, and fills the vacancy left by the late Martin Leon Guerrero who passed away last year. Dierking was also…

SEOUL (Reuters) — South Korea’s government promised strong support for exporters after the country posted on Thursday its first economic contraction in 2/1-2 years, due mainly to a crash in exports, and faced a possibility it was in recession. Playing down the economic slowdown as part of a g…

SAIPAN Chamber of Commerce President Joseph Guerrero has urged the local business community to work closely with the administration of Gov. Arnold I. Palacios and Lt. Gov. David M. Apatang, and U.S. Congressman Gregorio Kilili Camacho Sablan to address CNMI workforce issues. In his remarks during t…

(SCC) — The Saipan Chamber of Commerce is proud to share the success of the Annual Business Person of the Year or BPOY Gala that happened  Saturday, January 21, 2023, at the Hibiscus Hall, Crowne Plaza Resort Saipan. The night was filled with laughter, fun, delicious food, and good vibes. The emcee…

LUSAKA, Zambia (Reuters) — U.S. Treasury Secretary Janet Yellen on Sunday said rebuilding the Internal Revenue Service would be one of her top priorities in coming years, putting her squarely at odds with Republicans who have taken control of the House of Representatives. Yellen told Reuters in an …

(Reuters) — Bitcoin rose 2.3% to $23,199 at 10:07 GMT on Saturday, adding $521 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is up 40.6% from the year’s low of $16,496 on January 1. Ether, the coin linked to the ethereum blockchain network, rose 0.58…

(Press Release) — The Saipan Chamber of Commerce is proud to announce the five Business Person of Year nominees for this year’s Annual Gala Award: Joseph Guerrero (Naked Fish Bar & Grill), Dr. Nelson Krum (Paradise Dental Spa), John J. Santos (Triple J Saipan, Inc.), Emma Perez (500 Sails), and…

TOKYO (Reuters) — The Bank of Japan or BOJ on Wednesday maintained ultra-low interest rates, including a bond yield cap it was struggling to defend, defying market expectations it would phase out its massive stimulus program in the wake of rising inflationary pressure. The surprise decision sent th…