- January 10th, 2025
That could reshape aviation and economic dynamics in Southeast Asia, Laos has expressed keen interest in acquiring Chinese-manufactured commercial aircraft. This comes as the country struggles with an immense debt burden, largely stemming from Chinese infrastructure loans. The move is...
Global hedge funds are gearing up for an intense battle over China’s yuan, betting on a currency devaluation in anticipation of Donald Trump’s potential re-election. These funds, motivated by fears of geopolitical upheaval and a return to Trump’s aggressive trade...
Meta Platforms, Inc., the parent company of popular apps like Instagram, WhatsApp, and the virtual reality unit Reality Labs, has initiated a new round of layoffs, according to a report by The Verge. The latest job cuts, though reportedly small...
Chinese stocks, which had rallied earlier in the session, reversed course sharply after a joint ministry briefing on property support measures left traders underwhelmed. Market participants had been hoping for more aggressive action from Beijing, but the actual announcements fell...
Asian trade on Thursday, oil prices rebounded slightly, reversing some of the sharp losses seen in the previous two sessions. This rally came after surprising industry data revealed an unexpected drop in U.S. crude oil stockpiles, countering broader market trends...
After four consecutive days of losses, global oil prices saw a rebound as traders weighed the escalating tensions in the Middle East and their potential impact on crude production against rising concerns over a global oversupply of oil. Brent crude...
Apple Inc. (AAPL) stock surged to an intraday high of $237.49, continuing its upward trajectory in 2024 and reaffirming the tech giant's dominant position in the global market. However, even as Apple celebrates this financial milestone, analysts are sounding alarms...
Asian markets gained momentum following a positive close on Wall Street, as investors shifted their focus from megacap technology stocks to economically sensitive shares, including smaller companies. This rotation signals a broader optimism about the global economy’s recovery, despite ongoing...
Australia’s employment market remained impressively robust in September, according to the latest data released on Thursday, showcasing a sustained growth in hiring and a stable unemployment rate. The new figures triggered a sharp rise in the Australian dollar and bond...
In a move emblematic of a growing trend in the hedge fund industry, Millennium Management LLC, one of the world’s largest and most successful multi-strategy hedge fund firms, has entered into an agreement to allocate substantial capital to Hong Kong-based...
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