Browsing Category
World
European stocks fall as Nvidia slump hits tech sector
European stocks fell on Tuesday following a significant 7% drop in chipmaker Nvidia, which had a ripple effect on…
Headline: China Defends Against Accusations of Unfair Subsidies and Trade…
China's Premier Li Qiang pushed back against accusations from the U.S. and EU at a World Economic Forum meeting in…
Nasdaq futures rise as Nvidia stabilizes after AI stocks rout
Nasdaq futures saw an uptick on Tuesday as AI-related stocks, including Nvidia, rebounded from recent losses,…
Bank of Japan opens door for a hawkish double surprise
The Bank of Japan (BOJ) is signaling a potentially larger quantitative tightening (QT) plan in July, accompanied…
US prosecutors recommend Justice Dept. criminally charge Boeing
U.S. prosecutors are urging the Justice Department to bring criminal charges against Boeing, alleging the company…
Apple’s App Store rules breach EU tech rules, EU regulators say
The EU has charged Apple with breaching tech rules by preventing app developers from steering consumers to…
Deadly Fire at South Korean Lithium Battery Plant
A fire broke out at a lithium battery manufacturing plant in Hwaseong, South Korea, on Monday, resulting in…
China asks Visa, Mastercard to cut card fees, Bloomberg News reports
China is advocating for Visa and Mastercard to decrease their bank card transaction fees in the country, aiming to…
Chinese automakers retain grip over Southeast Asia’s booming electric car…
Electric vehicle (EV) sales in Southeast Asia have more than doubled in the January to March quarter compared to…
JPMorgan wealth head sees China’s economic outlook improving
Mary Erdoes, CEO of asset and wealth management at JPMorgan Chase, expressed optimism about the bank's business…
Toyota Reveals 2025 Crown Signia
Toyota has introduced the 2025 Toyota Crown Signia, a new addition to the Crown family that promises "effortless…
Swiss National Bank Calls for Stronger Financial Regulations Post Credit Suisse…
Switzerland's financial regulations need strengthening after UBS's takeover of Credit Suisse, according to the…
Honeywell to buy aerospace and defense firm CAES Systems for $1.9 bln
Honeywell has agreed to purchase aerospace and defense technology firm CAES Systems from Advent International for…
WestJet Works to Resume Normal Operations After Union Rescinds Strike Notice
WestJet Airlines is working to return to normal operations following the rescindment of a strike notice by the…
Guzman Y Gomez surges 37% in hottest Australian IPO in three years
Guzman Y Gomez (GYG.AX), a Mexican food chain, delivered Australia's best initial public offering (IPO) debut in…
Citigroup Eyes European Expansion Despite Political Instability
Citigroup (C.N) is poised to expand its business in Europe despite the continent's political volatility, which has…
U.S President allows legal status for 500,000 illegal immigrants married to its…
President Biden has granted legal status and a streamlined pathway to U.S. residency and citizenship for about…
Shell to acquire Singaporean LNG firm Pavilion Energy from Temasek
Shell has announced its acquisition of Singaporean LNG company Pavilion Energy from Temasek, aiming to bolster its…
NATO targets AI, robots and space tech in $1.1 billion fund
The NATO Innovation Fund (NIF) has confirmed its first investments, allocating part of its €1 billion fund to four…
Toyota Re-elects Chairman Akio Toyoda despite certification scandals
Toyota's Chairman Akio Toyoda, along with nine other board members, was re-elected at the automaker’s annual…
AfDB to match Italy’s $150m concessional loans for Africa
The African Development Bank (AfDB) has announced its commitment to match the $150 million in concessional loans…
China’s factory output disappoints, property sector stuck in doldrums
China's economic data for May revealed a mixed picture, with industrial output growth slowing to 5.6%…
Morning Bid: Buoyant US eyes French angst, China home woes
Wall Street stocks and bonds maintained stability following a dynamic macroeconomic week, despite concerns over…
Oil steady as downbeat Chinese data offset demand hopes
Oil prices remained steady on Monday as mixed Chinese economic data tempered hopes for increased demand during the…
Goldman Sachs raises S&P 500 year-end target to 5,600
Goldman Sachs has increased its 2024 year-end target for the S&P 500 Index to 5,600, up from a previous target…
Shares stable, euro downtrodden as political turmoil saps market mood
Shares stabilized on Monday as European stocks partially recovered from last week's losses, with the euro…
SK Group to protect affiliates from hostile takeover after chairman’s…
South Korea's SK Group Chairman, Chey Tae-won, addressed concerns on Monday about the potential impact of his…
At Toyota shareholder meeting, all eyes on level of support for chairman
Toyota Motor Corporation's Chairman, Akio Toyoda, is expected to secure re-election at the automaker's annual…
Meta Trims Office Space in Lagos after layoffs
Meta, the parent company of Facebook, Instagram, and WhatsApp, is downsizing its office space in Lagos, Nigeria,…
Amazon to invest $230 million in generative AI startups globally
Amazon Web Services (AWS) has launched a $230 million fund to support startups globally in accelerating the…