- April 20th, 2025
Oil prices surged to their highest levels in nearly three months on Monday, driven by a more positive sentiment in broader financial markets and tight supplies from key producing regions. Brent crude hovered below $77 a barrel after reaching a...
Shares in Nippon Steel Corp., Japan's largest steelmaker, fell over 1% on Monday following U.S. President Joe Biden's decision to block its proposed $14.9 billion acquisition of U.S. Steel. Citing national security concerns, Biden’s move, which came after a year-long...
Dai-ichi Life Insurance Co. has reported a significant financial setback, incurring a loss of approximately ¥140 billion ($890 million) after selling off a substantial portion of its long-maturity bond holdings. This strategic decision was made to better position the company...
China’s services sector experienced its most robust expansion in seven months during December, driven by a notable surge in domestic demand. However, a concurrent decline in international orders has highlighted the growing external trade risks facing the world’s second-largest economy....
China's Geely Holding Group announced on Sunday its target to sell more than 5 million vehicles annually by 2027. This represents a significant leap from the 2.79 million units sold in 2023, signaling a potential growth of approximately 79% over...
Asian markets experienced a tumultuous start to the week, with a key gauge of regional currencies plummeting to its lowest level in nearly two decades against the U.S. dollar. The equity markets saw mixed performances amid thin holiday trading, as...
Singapore-headquartered Digital Edge raises substantial funds to meet rising cloud and AI demands Digital Edge, a leading data center company based in Singapore, announced on Monday that it has successfully raised over $1.6 billion through a combination of equity and...
Hundreds of volunteers gathered on Bali’s beaches on Saturday in an extraordinary effort to combat an escalating plastic pollution crisis. As monsoon rains lashed the region, they brought with them waves of marine debris, covering the island’s tourist-favored coastlines in...
China announced on Sunday a comprehensive plan featuring 15 measures aimed at enhancing the logistical infrastructure in its western provinces. The initiative, detailed by the General Administration of Customs, seeks to integrate diverse transport links, including rail, air, river, and...
Foxconn, the world's leading contract electronics manufacturer, has shattered expectations by posting its highest-ever revenue for the fourth quarter of 2024, bolstered by robust demand for artificial intelligence (AI) servers. This achievement underscores the company's strategic positioning in the burgeoning...
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