- January 24th, 2025
Oil markets took a sharp turn on Friday, as crude prices declined following U.S. President Donald Trump’s calls for the Organization of the Petroleum Exporting Countries (OPEC) and its de facto leader Saudi Arabia to cut oil prices. Trump’s remarks,...
The U.S. Securities and Exchange Commission (SEC) announced Thursday that it had rescinded accounting guidance long criticized by the cryptocurrency industry. The move signals an early shift under President Donald Trump’s administration to roll back key regulatory measures enacted during...
On Thursday, the Japanese government reiterated its cautious outlook for the nation’s economy, citing uncertainties in global markets driven by the policies of U.S. President Donald Trump. While the economy continues to recover moderately, bolstered by steady wage gains and...
Britain’s Competition and Markets Authority (CMA) announced on Thursday that it has launched an investigation into Apple and Google’s smartphone operating systems, app stores, and web browsers. This marks the second time the CMA has utilized its expanded regulatory powers...
China has called on local mutual funds and state-owned insurers to significantly increase their investments in domestic stocks. This is part of a broader initiative by Beijing to restore confidence in its capital markets amid fears of economic stagnation and...
Japan witnessed a significant economic milestone in 2024 as its exports surged to a record high, helping to cut the country's annual trade deficit by an impressive 44% compared to the previous year. According to the Finance Ministry’s latest report...
In a move set to reshape the extended reality (XR) landscape, Taiwanese tech giant HTC announced on Thursday that it will sell part of its XR division to Google for $250 million. The agreement, which includes the transfer of some...
Indonesia is on the verge of striking a significant deal with Apple Inc. that could potentially lift the ban on iPhone 16 sales in the country. The announcement, made by Indonesia’s Investment Minister Rosan Roeslani during an interview with Bloomberg...
Kingdom Holding Company (KHC), the Saudi Arabian investment powerhouse helmed by Prince Alwaleed bin Talal, has expressed interest in joining forces with potential buyers of TikTok, the globally popular social media platform. KHC's CEO, Talal Ibrahim al-Maiman, revealed in an...
Morgan Stanley, one of Wall Street's premier financial institutions, is set to reward its top-performing investment bankers and traders in Asia with a bonus increase of up to 50%, reflecting robust business growth and the recovery from a low-base effect...
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