- January 10th, 2025
China implemented a highly anticipated cut to its benchmark lending rates, marking a pivotal move in its effort to revive the slowing economy. The People's Bank of China (PBOC) reduced both the one-year and five-year loan prime rates (LPR), following...
Mineral Resources Ltd., a major Australian mining company, has announced that it has hired legal counsel to investigate payments made to its founder and Managing Director, Chris Ellison, after it was revealed that he failed to declare certain revenue to...
In a significant move aimed at reviving its faltering economy and stabilizing the housing market, China has cut its benchmark lending rates as part of a broader set of measures initiated by the central bank to spur growth. On Monday,...
Oil prices steadied on Monday after a sharp decline last week, which saw Brent and West Texas Intermediate (WTI) crude futures plummet by over 7% and 8% respectively. Concerns about slowing demand from China, the world's largest oil importer, and...
Asian markets experienced mixed performances at the start of the week, reflecting a delicate balance between cautious optimism and geopolitical concerns. While modest gains were seen across some of Asia's leading stock indexes, gold surged to an all-time high, fueled...
A Federal Court ruling on Monday has added a new chapter to the ongoing saga between Qantas Airways and its former employees, as the court ordered the airline to pay a combined A$170,000 ($114,000) to three baggage handlers it unlawfully...
Hundreds of frozen waffle products in North America are being pulled from shelves due to potential contamination with the dangerous listeria bacteria. TreeHouse Foods, the company responsible for producing the frozen waffles, announced the voluntary recall late Friday after routine...
A Delta Airlines Boeing 767 aircraft en route to New York made an emergency stop at Blaise Diagne International Airport (AIBD) in Senegal on Saturday following a technical issue, according to a statement from Senegal's Ministry of Transport. The plane,...
Asia’s stock markets are gearing up for their busiest week of initial public offerings (IPOs) in more than two years, with nearly 20 companies across the region set to list shares. The week is expected to raise up to $8.3...
The United States Commerce Department has reportedly initiated an investigation into Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest chip manufacturer, to determine if it has violated U.S. export controls by supplying smartphone and artificial intelligence (AI) chips to the...
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