- March 10th, 2025
Sri Lanka’s newly elected President Anura Kumara Dissanayake has announced his support for the International Monetary Fund (IMF) bailout programme, reversing his earlier campaign pledge to renegotiate the deal. This shift reflects the dire state of the country's economy and...
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...
The Malaysian government’s decision to enforce stricter border control measures along the Sungai Golok river has sparked widespread concern among residents and students who rely on this route for daily cross-border education. Beginning December 1, Malaysians crossing into Thailand illegally,...
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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