- January 27th, 2025
China's automotive market maintained robust growth in 2024, driven by a surge in sales of electric vehicles (EVs) and plug-in hybrids, hitting record highs despite intense competition and aggressive pricing strategies. The world's largest auto market demonstrated resilience and adaptability,...
Apple Inc. took a firm stance on Wednesday, clarifying that it has never sold data collected by its Siri voice assistant or used it to create marketing profiles. This statement comes in the wake of a $95 million settlement reached...
Asian markets experienced a downturn following a cautious session on Wall Street, with investor anxiety rising ahead of the Thursday closure of US equity markets for a national day of mourning for former President Jimmy Carter and the release of...
China is set to issue a record amount of bills in the Hong Kong market, aiming to tighten offshore liquidity and curb speculative attacks against its currency. The People’s Bank of China (PBOC) announced plans to auction 60 billion yuan...
Indonesia has reaffirmed its ban on iPhone 16 sales, citing Apple’s inability to comply with stringent domestic market regulations, despite the tech giant’s $1 billion pledge to invest in the Southeast Asian nation. The announcement on Wednesday (Jan 8) came...
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...
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