Social Media

Australia Moves Closer to Social Media Ban for Children Under 16

In a landmark move to protect children from the risks associated with excessive social media use, Australia's House of Representatives on Wednesday passed a bill to ban social media for users under the age of 16. The bill, which garnered...
Najib Razak

Malaysian Court Drops 1MDB-Linked Corruption Charges Against Najib Razak and Irwan Serigar Abdullah

A Malaysian court on Wednesday cleared former Prime Minister Najib Razak and former Treasury Secretary-General Irwan Serigar Abdullah of corruption charges linked to the infamous 1Malaysia Development Berhad (1MDB) scandal. The court’s decision to drop the charges, reportedly tied to...
Hesai Group

Hesai Group’s Resilient Growth Defies Geopolitical Challenges

Hesai Group, the world’s largest manufacturer of lidar sensors for advanced driver-assistance systems (ADAS), is charting an ambitious growth trajectory that appears unfazed by geopolitical pressures. The Nasdaq-listed company, founded in 2014, is driving innovation in autonomous vehicle technology while...
Hyundai Motor

Hyundai Motor Announces $715.79 Million Share Buyback Program

Hyundai Motor Company announced on Wednesday that it will initiate a significant share buyback program worth 1 trillion won (approximately $715.79 million). The program will begin on Thursday and is slated to run over the course of three months, according...
Vietnam’s Prime Minister, Pham Minh Chinh

Vietnam’s PM Pushes for U.S. Market Economy Recognition and Advanced Tech Cooperation

Vietnam’s Prime Minister, Pham Minh Chinh, expressed aspirations for deeper economic and technological cooperation with the United States during a high-profile business summit on Wednesday. He called for the U.S. to officially recognize Vietnam as a market economy and to...
Central Bank New Zealand

New Zealand Central Bank Signals Further Interest Rate Cuts

The Reserve Bank of New Zealand (RBNZ) has indicated that a significant further reduction in interest rates is likely early next year if the economy performs as forecasted. This announcement follows the Monetary Policy Committee’s (MPC) decision to cut the...
Foxconn

Foxconn Poised to Navigate Potential U.S. Tariff Impacts with Strategic Global Manufacturing

Foxconn Technology Group, a major player in the global electronics manufacturing industry and a critical supplier for Apple, expressed confidence on Wednesday that it is well-positioned to weather potential tariff changes under the incoming administration of U.S. President-elect Donald Trump....
Asian Stocks

Asian Stocks Falter Amid Tariff Fears as Trump Sets Trade Agenda

Asian markets faced another turbulent session on Wednesday as investors grappled with fears of escalating trade tensions under incoming U.S. President Donald Trump. A day after Trump pledged hefty tariffs on Canada, Mexico, and China, market sentiment was rattled across...
Evergrande Group, China

Disgruntled Chinese Investors Seek Justice Over Evergrande Collapse

Hundreds of Chinese investors who lost their life savings in the collapse of real estate giant China Evergrande have launched a strategic campaign to demand updates from authorities on the ongoing investigation into the company’s failure. This grassroots effort underscores...
New Zealand dollar

New Zealand’s Central Bank Cuts Rates Again, Signals Further Easing Ahead

The Reserve Bank of New Zealand (RBNZ) cut its cash rate for the third time in four months on Wednesday, trimming it by 50 basis points to 4.25%. The decision, which aligned with the expectations of most analysts, signaled the...
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