Business
Business news, market analysis, and corporate updates. Expert insights on companies, industries, and economic trends driving global commerce.
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Malaysia’s Services Sector Drives RM78 Billion Investment Surge
In the first six months of 2022, Malaysia approved RM43.1 billion worth of manufacturing projects, a figure that…
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Arizona Governor Meets Taiwan Leader Over $12 Billion Chip Plant Deal
A new $12 billion semiconductor factory in Phoenix has created a strategic link between Arizona and Taiwan, a…
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Arizona Gov. Ducey hails Taiwan semiconductor investment
Arizona Governor Doug Ducey met with Taiwanese President Tsai Ing-wen in Taipei on Thursday to celebrate a $12…
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Erasca Founder Jonathan Lim Takes His Ignyta Playbook to RAS Cancer Drugs
SAN DIEGO, July 15 — When Jonathan E. Lim founded Erasca in 2018, he was already carrying a…
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Google Brings Wallet App to India but Keeps Google Pay as a Separate App
Google has begun rolling out its digital wallet service, Google Wallet, on Android smartphones as of July 18,…
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Macau’s 15-Day Casino Shutdown Exposed Economic Fragility in 2020
A decision by the Macau government to halt commercial operations for fifteen days in February 2020 revealed the…
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Amazon Closes $8.5 Billion Metro-Goldwyn-Mayer Acquisition
On March 18, 2022, Amazon finalized its acquisition of Metro‑Goldwyn‑Mayer for $8.5 billion, ending a months‑long review period.…
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Amazon Completes $8.5 Billion Purchase of MGM Studios Amid Scrutiny
Amazon officially finalized its acquisition of Metro-Goldwyn-Mayer (MGM) on March 18, 2022, marking a significant milestone in the…
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A 2022 Forecast Reread: Housing and Zero-COVID Were Already Cracking China’s Boom
BEIJING, September 27 — China’s economy is on course for its slowest growth since 1991, as official data…
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HSBC Freezes Accounts of Hong Kong Activists Amid Security Law
In mid‑2020, HSBC complied with a request from Beijing to freeze the bank accounts of several Hong Kong…
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From Abu Dhabi To Africa: Watergen’s Machines Brew Drinking Water From Air
TEL AVIV, July 9 — An Israeli company that pulls drinking water straight from the air has been…
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From Books To Cloud: How Amazon Built The Digital Economy’s Engine
WASHINGTON, July 14 — The global e-commerce market has grown into a $5.8 trillion ecosystem, according to data…
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Swiss Regulator Fines Ex-Credit Suisse Risk Chief over Tuna Bond Scandal
Regulators in the United States and the United Kingdom imposed a combined fine of $475 million on Credit…
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Taliban’s Afghanistan takeover presents fresh challenge for social media companies.
WASHINGTON: Social media company Facebook have informed on Monday that they declare the Taliban as a terrorist organization.…
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SEA Ltd and Petronas Among Firms Seeking Malaysia Digital Bank License
As Malaysia prepared to modernize its financial sector, a wave of corporate interest emerged in the country’s digital…
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Bubble tea chain raises US$656m in Hong Kong IPO
Bubble tea chain Nayuki Holdings Ltd. raised US$656 million in its Hong Kong initial public offering on July…
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HSBC Documents Fueled the Meng Wanzhou Extradition Fight
Half a decade has passed since a decision by a major international bank to provide internal documents to…
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DNB Says Ericsson’s RM11 Billion 5G Bid Was About RM700 Million Below Nearest Rival
KUALA LUMPUR — By 2024, eight out of every ten Malaysians should have access to a 5G signal.…
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Ericsson Wins RM11B Malaysia 5G Network Deal
On June 29, 2021, Digital Nasional Bhd (DNB) selected Ericsson to deploy a fifth-generation (5G) national network in…
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GIC Acquires 16% Stake in Sunway Healthcare for RM750 Million
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Chipmaker GlobalFoundries plans US$6bil expansion in Singapore, US, Germany.
GlobalFoundries Inc announced on June 22, 2021, a US$6 billion plan to expand chip manufacturing capacity in Singapore,…
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Singapore and Vietnam Move Digital Economy Cooperation From Talks to Signed Pacts
Singapore: Singapore and Vietnam have given their consents to speed up the formation process. For joint working gatherings…
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Bank Negara Malaysia Weighs 29 Applicants for Up to Five Digital Banking Licenses
Malaysia’s banking sector is bracing for a shake-up. By the end of June 2021, a flood of applications…
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KNM Group Probes Missing THB2.7 Billion Bond Funds
The THB2.7 billion bond that KNM Group Berhad guaranteed for its Thai ethanol subsidiary is due later this…
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Nvidia shares fall 3% as traders open $9.1M short on Huang spy scandal
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Japan Tobacco’s 272-yen dividend at risk as Putin seizes Russian assets, stock crashes 19%
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Nasdaq Suffers Biggest Drop in 19 Months as AI Regulatory Fears Trigger Market Sell-Off
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Citi Links Hormuz Reopening to Fed Rate Cuts and $5,000 Gold Target
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Airline Stocks to Watch: Fuel Costs, Earnings, and Oil Volatility Drive Sector Focus
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Qantas Offshores 850 Roles to India in AI Overhaul Amid Union Backlash
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How Qantas’s AI-Driven Outsourcing Deal with Accenture Redefines Airline Tech Control
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How Canada’s Real-Time Rail Modernizes Financial Networks and Boosts Business Efficiency
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Boeing 777 Freighter Conversions Face Supply Crunch as New Jets Delay
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Teen Pilots Rise: Safety Rules and Training Under Scrutiny
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Midterm Warning: 7% Rates and 30-Year Low Sales Signal Housing Stagnation
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Older Homeowners Dominate 2026 Housing Market as First-Time Buyers Struggle
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Why Fraud and Phishing Now Dominate Gallagher New Zealand Cyber Insurance Claims
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Cotality Report: Louisiana Leads U.S. States in Extreme Weather Homeowner Losses
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Home Depot Stock Jumps 7% as Democrats Sweep Congress and Housing Hopes Rise
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How Nigeria’s Lithium Factories Could Reshape Africa’s EV Battery Costs and Energy Security
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Spain Withholds 12% of Olive Oil to Prop Up Prices
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Kotak Neo’s Banerjee Ties Gold, Rupee and Copper to Crude Volatility and Fed Rate Hikes
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El Niño and Iran War Drive Agricultural Commodity Prices to New Highs
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ICE Brent Hovers Near $110 as Middle East Tensions Keep Risk Premium High