Asian Financial Markets

Asian Markets Remain Cautious as Investors Eye Nvidia Earnings Amid Global Market Jitters

Asian shares remained cautious on Wednesday as investors awaited the highly anticipated earnings report from Nvidia, the world's most valuable semiconductor company and a bellwether for the AI sector. Meanwhile, global markets experienced a mix of volatility and muted optimism...
Asia Stock Markets

Asian Markets Dip Ahead of Nvidia Earnings; Treasury Yields Steady Amid Geopolitical Tensions

Asian markets experienced a mixed session on Wednesday as investors awaited the earnings report from Nvidia Corp., a bellwether for the artificial intelligence-driven tech boom. Treasuries steadied after a rally driven by escalating tensions in Russia’s war with Ukraine. While...
Crude Oil

Oil Prices Edge Up Amid Ukraine War Escalation, Rising Chinese Imports, and Surging U.S. Crude Stocks

Oil prices experienced slight gains on Wednesday, buoyed by an intensification of the Ukraine conflict and increasing crude imports by China, the world’s largest oil importer. However, these price increases were tempered by a significant rise in U.S. crude oil...
Sony Group Corp.

Sony Eyes Acquisition of Kadokawa Corp.: A Strategic Move to Strengthen Entertainment Dominance

Sony Group Corp. is reportedly exploring a potential takeover of Kadokawa Corp., a renowned Japanese publisher and entertainment giant, in what could mark a significant expansion of its intellectual property (IP) portfolio. This move would further solidify Sony’s dominance in...
undersea cable vulnerabilities

Australia Alarmed by Surge in Cyberattacks on Critical Infrastructure

Australian authorities expressed serious concern over the rising number of cyberattacks targeting critical infrastructure, with state-sponsored actors and sophisticated cybercriminals ramping up their operations. A report from the Australian Signals Directorate (ASD) revealed that more than 11% of cybersecurity incidents...
Bitcoin

Bitcoin Soars Past $94,000 Amid Hopes of Crypto-Friendly Trump Administration

Bitcoin, the largest and most widely recognized cryptocurrency, surged to an all-time high of $94,078, fueled by speculation that former President Donald Trump’s media company is negotiating an acquisition of crypto trading platform Bakkt. The report, combined with optimism about...
US-Made ATACMS Missiles

Ukraine Deploys Advanced US-Made ATACMS Missiles for First-Time Strikes on Strategic Russian Targets

In a dramatic escalation of the ongoing war between Ukraine and Russia, Kyiv employed U.S.-supplied MGM-140 ATACMS missiles to target strategic military sites in Russia’s Bryansk region. The November 19 strike, which came just two days after the Biden administration...
International Monetary Fund (IMF)

IMF Warns of Tariff Risks to Asia’s Growth Prospects Amid Rising Trade Tensions

The International Monetary Fund (IMF) has sounded a cautionary note about the growing risk of escalating tariffs in undermining Asia’s economic prospects. Speaking at a forum on systemic risk in Cebu, IMF Asia-Pacific Director Krishna Srinivasan highlighted the potential impact...
Sergey Lavrov- Wang Yi

China and Russia Discuss Bilateral Ties, Ukraine Conflict, and Korean Peninsula at G20 in Brazil

Chinese and Russian foreign ministers met on the sidelines of the Group of 20 (G20) meeting in Brazil to deliberate on pressing international issues and reaffirm their strategic partnership. The discussions spanned bilateral relations, the ongoing conflict in Ukraine, and...
South Korea

South Korea Pledges 45% Increase to World Bank Fund, Solidifying Global Leadership Role

South Korean President Yoon Suk Yeol has announced a significant 45% increase in the nation's contribution to the World Bank's International Development Association (IDA), signaling South Korea's commitment to global development. This pledge, totaling approximately 845.6 billion won (US$608.26 million),...
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