- November 25th, 2024
In a move that could profoundly affect the smartphone and personal computing markets, Arm Holdings Plc has announced the cancellation of a key architectural license that allowed longtime partner Qualcomm Inc. to use its intellectual property for designing chips. This...
In a critical statement on Wednesday, October 11, Japanese Finance Minister Katsunobu Kato issued a sharp warning against speculative activity in the currency market, expressing concerns over the ongoing "one-sided, rapid" depreciation of the yen. Speaking at a press conference...
Oil prices rebounded on Thursday following a significant retreat midweek, as traders recalibrated their positions amidst escalating tensions in the Middle East and mixed signals on global market fundamentals. Brent crude futures edged higher toward $76 per barrel, while West...
Asian shares saw a decline on Thursday as investors reacted to a confluence of global factors including surging U.S. Treasury yields, political uncertainty surrounding the U.S. presidential election, and renewed fears about the global economic outlook. While positive earnings from...
Beijing-based smartphone maker Xiaomi Inc. has reportedly achieved a significant technological breakthrough with the successful "tapeout" of its first 3 nanometer (nm) system-on-chip (SoC) processor. According to Tang Jianguo, the chief economist at the Beijing Municipal Bureau of Economy and...
Tokyo Metro Co., the operator of one of the world’s largest and busiest subway networks, made an impressive entrance into the stock market on Wednesday, with its shares surging as much as 47% in their trading debut. The company's initial...
Thailand's central bank governor, Sethaput Suthiwartnarueput, provided crucial insights into the Bank of Thailand's (BOT) monetary strategy. His remarks come on the heels of the BOT's first interest rate cut in more than four years, a move that surprised markets...
Asian shares showed mixed performance in early trading, reflecting a subdued risk appetite as investors weighed the likelihood of the US Federal Reserve adopting a less aggressive approach to interest rate cuts. The regional markets displayed hesitancy, with stocks in...
Global crude oil prices edged lower on Wednesday following industry data showing that U.S. crude inventories had increased more than anticipated. Meanwhile, geopolitical tensions in the Middle East, particularly Israel’s continued military actions in Gaza and Lebanon, remained a point...
Japan’s financial landscape saw a significant shift this week as the yield on the 40-year government bond surged to its highest point in 16 years, signaling growing anticipation that the Bank of Japan (BOJ) may soon raise interest rates. This...
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