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SCB X's bold play, from banking to fintech powerhouse across Southeast Asia. (Photo: SCB X | WeBank)

2 min read

SCB X betting big on fintech and tech startups

Post Date 10/09/2024

SCB X is no longer your typical bank stuck in the past. Nope, they’ve broken free from the chains of traditional banking and are all [more…]

Rio Tinto eyes Arcadium Lithium amid price slump. (Photo: Arcadium Lithium | LinkedIn)

2 min read

Argentina Australia Canada China Investing & Markets U.K. U.S.

Rio Tinto targets Arcadium as lithium market wavers

Post Date 10/07/2024

Well, well, well. It looks like Rio Tinto, the mining giant with a hefty appetite for lithium, has decided to go shopping. Arcadium Lithium, once [more…]

Fed delivers surprise rate cut as job market weakens and inflation softening. (Photo: Federal Reserve)

3 min read

Canada European Union Investing & Markets U.K. U.S.

Powell leads Fed in bold rate cut to counter labor market slowdown

Post Date 09/18/2024

In a move reminiscent of the financial turbulence of 2008, the Federal Reserve pulled the trigger on its first interest rate cut since the COVID [more…]

Sweden's central bank signals more easing as inflation cools. (Photo: X | @riksbanken)

2 min read

European Union Investing & Markets Sweden U.S.

Sweden’s Riksbank cuts rates again amid economic slump

Post Date 08/20/2024

In the ever-turbulent waters of global finance, Sweden’s central bank has taken another plunge, trimming its key interest rate to 3.5%. This marks the second [more…]

Asia's central banks on edge after Philippines’ surprise rate cut. (Photo: BSP)

3 min read

China Indonesia Investing & Markets New Zealand Philippines South Korea Thailand U.S.

Philippines’ bold rate cut spurs Asia’s central banks to reconsider

Post Date 08/19/2024

In a move that caught many by surprise, the Philippines’ central bank broke away from the pack, slashing its main policy rate last week. This [more…]

Diageo's shares drop after Latin American sales slump. (Photo: Wikipedia)

2 min read

Brazil Investing & Markets Mexico U.K. U.S.

Diageo’s stock spirals as Latin American sales take a hit

Post Date 07/30/2024

In a dramatic twist worthy of a soap opera, London-based spirits giant Diageo watched its shares take an 8% nosedive in early trading. The culprit? [more…]

Robust U.S. sales drive Hyundai’s profits despite domestic slowdown. (Photo: Hyundai | EWI Worldwide)

2 min read

Investing & Markets South Korea U.S.

Hyundai zooms past expectations with record earnings

Post Date 07/25/2024

Hyundai Motor has taken the automotive world by storm with its second-quarter earnings. The South Korean giant cruised past Wall Street’s expectations, leaving analysts scrambling [more…]

Tesla's stock dives as Musk promises Robotaxi revolution. (Photo: Tesla)

3 min read

China Investing & Markets U.S.

Tesla’s earnings miss, stock drops, and Musk’s future promises

Post Date 07/24/2024

In a twist worthy of a sci-fi thriller, Tesla’s shares took a nosedive, dropping more than 8% in premarket trading. The electric car giant, helmed [more…]

S&P Global predicts no relief in sight for major economies. (Photo: Reuters | Brendan McDermid)

2 min read

European Union France Investing & Markets Italy U.K. U.S.

S&P Global sounds the debt alarm

Post Date 07/02/2024

In a not-so-surprising twist, S&P Global has painted a rather grim picture for the future of debt levels in major economies, including the United States, [more…]