Apple Inc.

Indonesia Nears Deal with Apple to Resolve iPhone 16 Sales Ban

Indonesia is on the verge of striking a significant deal with Apple Inc. that could potentially lift the ban on iPhone 16 sales in the country. The announcement, made by Indonesia’s Investment Minister Rosan Roeslani during an interview with Bloomberg...
TikTok

Saudi Alwaleed’s KHC Eyes TikTok Acquisition, Awaiting Elon Musk’s Next Move

Kingdom Holding Company (KHC), the Saudi Arabian investment powerhouse helmed by Prince Alwaleed bin Talal, has expressed interest in joining forces with potential buyers of TikTok, the globally popular social media platform. KHC's CEO, Talal Ibrahim al-Maiman, revealed in an...
Morgan Stanley

Morgan Stanley’s Top Performers in Asia to Receive Significant Bonus Boost Amid Buoyant Growth

Morgan Stanley, one of Wall Street's premier financial institutions, is set to reward its top-performing investment bankers and traders in Asia with a bonus increase of up to 50%, reflecting robust business growth and the recovery from a low-base effect...
US-China Chip

Dollar Strengthens as Trump Considers New Tariffs on China

The U.S. dollar surged against major global currencies after President Donald Trump reiterated his consideration of imposing a 10% tariff on Chinese imports. This announcement triggered a decline in the offshore yuan and led to broader market reactions, particularly in...
US President Donald Trump -TikTok logo

Donald Trump Supports Potential TikTok Acquisition by Elon Musk or Larry Ellison

President Donald Trump expressed his support for tech moguls Elon Musk and Larry Ellison potentially acquiring TikTok, the popular social media platform currently owned by Chinese company ByteDance. Speaking at a press conference in Washington D.C., Trump outlined a possible...
oil terminal Kozmino near Nakhodka

Oil Prices Steady as Trump Declares National Energy Emergency Amidst Policy Uncertainty

In early Wednesday trading, oil prices showed little fluctuation as markets absorbed the implications of U.S. President Donald Trump's declaration of a national energy emergency on his first day in office. Brent crude futures saw a marginal decrease of 3...
gold producer

Zijin Mining Group Expands into Lithium with $1.9 Billion Stake in Zangge Mining

Zijin Mining Group Co., a prominent Chinese copper and gold producer, has taken a significant step in its diversification strategy by acquiring a 24.8% stake in Zangge Mining Co. for 13.7 billion yuan ($1.9 billion). This move, announced in a...
US dollar

Dollar Slips Amid Uncertainty Over Tariff Plans as Financial Markets Remain Anxious

The U.S. dollar experienced a slight decline on Wednesday amid uncertain trading conditions, driven largely by the lack of concrete details surrounding President Donald Trump's potential tariff plans. As global markets grappled with the ambiguity, the dollar's movements reflected the...
Asian Chip

Asian Stocks Gain Amid AI Investment Push, Tariff Concerns Loom

Asian stocks made notable gains as President Donald Trump’s initiative to bolster investment in artificial intelligence (AI) uplifted the region's technology firms. This development, while bringing optimism, also raised concerns about the ongoing tariff tensions between the U.S. and China....
Japan

Bank of Japan Poised for Major Rate Hike Amid Global Market Calm

Bank of Japan (BOJ) Governor Kazuo Ueda is expected to announce a significant interest rate hike on Friday, marking the highest level since 2008. This decision comes as global financial markets exhibit stability in response to the return of U.S....
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