- June 9th, 2025
In a sharp rebuke of Hong Kong's role in global finance under Beijing's influence, U.S. lawmakers have expressed alarm at the city’s growing association with international financial crimes. Once heralded as a global financial hub with a foundation of free-market...
Qualcomm Inc.’s interest in acquiring Intel Corp. has significantly cooled, according to sources familiar with the matter, halting what could have been one of the largest and most consequential deals in the technology sector. The decision reflects the immense complexities...
American Airlines (AAL) has introduced new technology designed to prevent passengers from boarding planes out of turn. The innovative system emits an audible alert when a boarding pass is scanned ahead of its designated group, instructing the passenger to step...
The U.S. dollar remained close to a 13-month high on Friday, reflecting growing investor speculation about the Federal Reserve’s interest rate policy and ongoing uncertainty in Europe, which weighed on the euro. Meanwhile, bitcoin continued its ascent toward the psychologically...
Singapore has revised its economic growth forecast for 2024 upward, citing a stronger-than-expected recovery, but officials have urged caution as global risks loom for the following year. The Ministry of Trade and Industry (MTI) upgraded the city-state’s projected growth for...
Indian billionaire Gautam Adani, one of the world's wealthiest individuals, finds himself at the center of a sprawling corruption scandal. U.S. federal authorities have unsealed criminal and civil charges against Adani and several associates, accusing them of orchestrating a multi-million-dollar...
Asian equities rallied on Friday, following Wall Street's overnight gains, as investors brushed aside initial concerns over Nvidia Corp.’s revenue outlook. Optimism in the markets persisted despite geopolitical tensions, mixed economic data, and ongoing uncertainties in the U.S. Treasury leadership...
Hong Kong’s New World Development (NWD) has shifted its focus to reducing its substantial debt load, opting to hold off on mergers, acquisitions, and other activities that might strain its cash flow, Chairman Henry Cheng stated during a recent shareholders'...
Oil prices rose modestly on Friday following intensified geopolitical tensions as Russia announced it had fired a ballistic missile at Ukraine. The development sparked concerns over the potential escalation of the conflict, raising fears of tighter crude supplies in an...
In a landmark decision, the U.S. Consumer Financial Protection Bureau (CFPB) announced on Thursday that it will subject digital wallet and payment app providers processing over 13 billion financial transactions annually to government oversight. The move places tech giants like...
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