Australian Hardware Chain

Australian Retailers Under Watch: Hardware Chain Bunnings Caught in Privacy Breach Scandal Over Facial Recognition Use

In a landmark privacy case, Wesfarmers-owned Bunnings, Australia's largest home improvement retailer, has come under scrutiny for breaching the privacy of thousands of customers. The Office of the Australian Information Commissioner (OAIC) revealed that Bunnings used facial recognition technology without...
Probe Staley

JPMorgan Documents Spark FCA Probe into Jes Staley’s Ties with Jeffrey Epstein

A cache of documents provided by JPMorgan Chase & Co. catalyzed a significant investigation by British regulators into the connections between Jeffrey Epstein and Jes Staley, the former CEO of Barclays Plc, a London court was told. These documents, initially...
Sean Duffy

Donald Trump Selects Sean Duffy as Transportation Secretary: A Deep Dive into Former Congressman’s Background and Vision

President-elect Donald Trump has tapped Sean Duffy to serve as transportation secretary in his incoming administration. Duffy, 53, is poised to oversee a vast and complex system comprising pipelines, railroads, cars, trucks, airlines, and mass transit systems, along with the...
Tech stocks

Asian Stocks Edge Higher as U.S. Markets Await Trump Cabinet Appointments and Fed Signals

Asian stocks gained modestly on Tuesday, buoyed by Wall Street’s recovery and easing U.S. bond yields, while the dollar hovered near multi-month lows. Investors monitored President-elect Donald Trump's cabinet appointments, scrutinizing their potential influence on Federal Reserve policy and global...
Cryptocurrency

Bitcoin Nears All-Time High Amid Renewed U.S. Embrace of Crypto Under Trump

Bitcoin is back in the limelight, edging close to its all-time peak, as the digital-asset industry experiences a resurgence fueled by favorable developments in the United States. The ascent, buoyed by policy optimism under President-elect Donald Trump and major corporate...
Apple Inc.

Apple Boosts Investment Proposal in Indonesia as iPhone 16 Sales Ban Looms

Apple Inc. has significantly increased its proposed investment in Indonesia, nearly tenfold, as the US technology giant attempts to overturn a government ban on the sale of its iPhone 16, according to sources familiar with the matter. The enhanced proposal...
Alibaba

Alibaba Group Unveils Initial Pricing for $5 Billion Dual-Currency Bond

Alibaba Group Holding Ltd., one of the world’s largest e-commerce and technology conglomerates, has set the stage for a significant financial maneuver by unveiling initial price guidance for its $5 billion dual-currency bond issuance. The strategic move, aimed at diversifying...
Japanese Yen

Yen Stabilizes Amid Dollar Weakness, Market Awaits Policy Signals

The Japanese yen found some stability on Tuesday, trading on the stronger side of 155 per dollar, as the U.S. dollar retreated from its recent highs. The respite follows a remarkable rally by the greenback, which reached a one-year peak,...
Keppel

Keppel to Spin Off Data Centre Joint Venture to Keppel DC REIT for S$1.38 Billion

Singapore-based conglomerate Keppel Corporation announced it will spin off its data center joint venture (JV) to Keppel DC REIT in a strategic move to consolidate and optimise its data centre assets. The deal, valued at a total gross divestment price...
Blackstone

Blackstone Nearing $8 Billion Deal for Jersey Mike’s Subs

Global buyout giant Blackstone is reportedly close to acquiring the popular U.S.-based sandwich chain Jersey Mike’s Subs in a deal valued at around $8 billion, including debt. According to a source familiar with the matter, the announcement could come as...
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