Hong Kong Luxury Reset: Hong Kong, once a bustling haven for affluent Chinese shoppers, is undergoing a transformative shift in its luxury retail landscape. The city, known for its multi-brand […]
Market Jitters: In a subdued start to the week, Asia stocks faced declines as investors monitor potential shifts in the Bank of Japan’s (BOJ) policy and key U.S. inflation data. […]
Illumina Strategic Shift: In a significant move, Illumina, the gene sequencing powerhouse, has revealed its decision to divest cancer diagnostic test maker Grail. This comes after more than two years […]
China Economic Landscape in 2024: In the coming year, China’s economic horizon appears optimistic, with state media citing officials from the Chinese Communist Party’s finance and economy office. Macro-economic policies, […]
Malaysia Emerges: Chinese semiconductor design companies are increasingly engaging Malaysian firms for the assembly of high-end chips, specifically graphics processing units (GPUs). This strategic move aims to mitigate potential risks […]
Student Loan Repayment Struggles: In the wake of the pandemic-induced freeze on federal student loan collections, the Education Department revealed that just over half of the 43 million borrowers faced […]
Exxon Tax Puzzle: Exxon Mobil finds itself in a tax quagmire, with income tax payments to the U.S. government dropping to a mere 3% over the last five years, a […]
Oil Markets Navigate: In a fluctuating session, Brent and U.S. crude futures concluded with marginal losses, reflecting the market’s struggle to interpret mixed signals regarding oil demand for the upcoming […]
Activision Blizzard Settles: Activision Blizzard is set to pay approximately $50 million to settle a 2021 lawsuit filed by California’s Civil Rights Department (CRD), alleging discrimination against women employees. The […]
Social Media Giants Navigate: In the first half of 2023, Meta (META.O) and TikTok faced unprecedented challenges in Malaysia, restricting a record number of social media posts and accounts, as […]