- January 11th, 2025
Shares of Korea Zinc, the world's largest zinc refiner, saw a significant drop for the second consecutive day on Thursday, sparking investor concerns and drawing scrutiny from regulators. The decline comes as Korea Zinc announced plans to issue new shares...
Asian equities traded lower Thursday following declines in U.S. stocks and government bonds, triggered by robust economic data that raised concerns about the Federal Reserve's timeline for potential interest rate cuts. Australian and Japanese markets experienced early losses, while an...
Trafigura, one of the world's largest independent commodity trading companies, announced on Wednesday that it would be allocating $1.1 billion as a provision for misconduct discovered in its Mongolian petroleum products supply business. which unearthed evidence of data manipulation and...
The Federal Communications Commission (FCC) has announced an upcoming vote on the security review of the vast global network of undersea communications cables. These cables, responsible for transmitting an estimated 95% of the world's international internet traffic, are essential to...
Coinbase Global Inc., the largest cryptocurrency exchange in the United States, announced an unexpected third-quarter profit on Wednesday, driven by a surge in trading volumes as cryptocurrency continues to inch into the mainstream of the financial industry. The company’s profitable...
Advanced Micro Devices (AMD) experienced a sharp 8% decline in stock value on Wednesday following a quarterly revenue forecast that failed to meet investor expectations for accelerated growth in artificial intelligence (AI). Despite a substantial 156% increase in stock value...
The European Union (EU) announced Tuesday it will impose substantial tariffs on electric vehicles (EVs) imported from China. The decision follows a rigorous investigation into China's state support for its EV industry, which concluded that Beijing’s subsidies undercut European automakers...
China’s Space Program: Three Astronauts Launch on Historic “Dream” Mission to Tiangong Space Station
China's rapidly advancing space program, three astronauts, including the nation’s only female spaceflight engineer, lifted off aboard the Shenzhou-19 mission in the early hours of Wednesday morning. The trio, headed by seasoned astronaut Cai Xuzhe, 48, launched at 4:27 a.m....
Australia’s consumer price inflation (CPI) eased to its lowest level in three and a half years in the third quarter of 2024, marking a crucial point for the Australian economy as it aims to return inflation within the Reserve Bank...
As the United States braces for its upcoming presidential election on November 5, investors are increasingly turning to Asian sovereign bonds as a strategic play to mitigate potential volatility. With billions of dollars in foreign inflows already boosting Asian markets...
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