- May 2nd, 2025
Sri Lanka's economy is poised for a significant rebound in 2025, building on the momentum of an impressive 5 percent real GDP growth in 2024, the highest in seven years. This growth marks a critical turning point as the island...
Japan's growing sensitivity towards foreign acquisitions, Economy Minister Ryosei Akazawa declared on Wednesday that a potential takeover of retail giant Seven & i Holdings Co. by foreign entities could pose serious national security risks. The company, widely recognized for its...
Exxon Mobil Corp. has filed a federal defamation lawsuit against California Attorney General Rob Bonta and several prominent environmental organizations. The Texas-based oil and gas giant alleges that Bonta, along with groups like the Sierra Club, San Francisco Baykeeper, Heal...
Australia's consumer price inflation slightly increased from three-year lows in November, primarily driven by a sharp rise in electricity costs. However, the overall drop in core inflation metrics has strengthened arguments for a potential interest rate cut by the Reserve...
Asian stocks edged lower on Wednesday, reflecting investor apprehensions as a strong U.S. dollar kept the yen pinned near six-month lows. Market sentiment was dampened by the realization that the Federal Reserve may be slow to reduce interest rates, following...
Samsung Electronics Co.’s shares experienced a notable uptick following remarks by Nvidia Corp. founder Jensen Huang, who expressed confidence in Samsung’s capability to overcome the technical challenges hampering its cutting-edge memory products. This optimism provided a much-needed boost to the...
In an unprecedented move, Tencent Holdings Ltd., China’s most valuable tech giant, executed its largest share buyback in nearly two decades following a steep selloff triggered by its addition to a U.S. blacklist for alleged ties to the Chinese military....
Vietnam’s central bank announced its commitment to maintaining a flexible monetary policy aimed at controlling inflation, while closely monitoring the economic policies of U.S. President-elect Donald Trump. This approach is intended to allow the country to adjust its domestic policies...
Asian shares gained momentum on Tuesday following a second consecutive day of rallies on Wall Street, driven by optimism around technology stocks and a reduction in fears over potential tariff hikes. This shift in market sentiment came after former U.S....
The United States and China, two of China’s largest state-owned enterprises, Cnooc Ltd. and Cosco Shipping Holdings Co., have been blacklisted by the US government. The decision, announced via a Federal Register filing on Tuesday, identifies these companies as Chinese...
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