- December 28th, 2024
Indian billionaire Gautam Adani, one of the world’s wealthiest individuals, has been indicted in the United States on charges of orchestrating a bribery scheme that underpinned a massive solar energy project in India. The indictment, unsealed on Wednesday in Brooklyn...
Nvidia’s revenue forecast on Wednesday rattled Wall Street, sending its stock down 2.5% in after-hours trading. The company projected its slowest revenue growth in seven quarters, raising questions about whether the artificial intelligence (AI) boom that catapulted Nvidia to prominence...
Kioxia Holdings Corp., the semiconductor giant backed by Bain Capital, is poised to debut on the Tokyo Stock Exchange with a market valuation of approximately 750 billion yen ($4.84 billion), according to two sources familiar with the matter. The anticipated...
Deepinder Goyal, the CEO of Zomato, one of India’s largest food delivery platforms, has sparked widespread debate after announcing a unique job offer for the position of Chief of Staff. In a move that has both intrigued and divided social...
Asian shares remained cautious on Wednesday as investors awaited the highly anticipated earnings report from Nvidia, the world's most valuable semiconductor company and a bellwether for the AI sector. Meanwhile, global markets experienced a mix of volatility and muted optimism...
Asian markets experienced a mixed session on Wednesday as investors awaited the earnings report from Nvidia Corp., a bellwether for the artificial intelligence-driven tech boom. Treasuries steadied after a rally driven by escalating tensions in Russia’s war with Ukraine. While...
Oil prices experienced slight gains on Wednesday, buoyed by an intensification of the Ukraine conflict and increasing crude imports by China, the world’s largest oil importer. However, these price increases were tempered by a significant rise in U.S. crude oil...
Sony Group Corp. is reportedly exploring a potential takeover of Kadokawa Corp., a renowned Japanese publisher and entertainment giant, in what could mark a significant expansion of its intellectual property (IP) portfolio. This move would further solidify Sony’s dominance in...
Bitcoin, the largest and most widely recognized cryptocurrency, surged to an all-time high of $94,078, fueled by speculation that former President Donald Trump’s media company is negotiating an acquisition of crypto trading platform Bakkt. The report, combined with optimism about...
The International Monetary Fund (IMF) has sounded a cautionary note about the growing risk of escalating tariffs in undermining Asia’s economic prospects. Speaking at a forum on systemic risk in Cebu, IMF Asia-Pacific Director Krishna Srinivasan highlighted the potential impact...
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