Mexico’s $2.8 billion revival of century-old Tehuantepec Isthmus Corridor railway, targeting Panama Canal’s shipping traffic
Mexico’s government has embarked on a daring venture to rejuvenate a historic railway, dormant for over a century, connecting the Gulf of Mexico to the [more…]
Crypto on track for weekly win as Bitcoin nears $30,000 amid ETF hopes
Bitcoin extended its weekly gains, briefly surpassing $30,000 as optimism about the approval of a spot Bitcoin ETF grew, alongside concerns both in the U.S. [more…]
Spanish government optimistic regarding auto sector investment following Euro 7 agreement
Spain’s Trade Minister, Hector Gomez, expressed optimism about attracting fresh investments to the country’s automotive sector, fueled by the Euro 7 agreement’s recent developments. The [more…]
JW Pharma confronts a potential 30 Billion Won ($21 million) fine amid allegations of unlawful rebates
On Thursday, the antitrust regulator announced a hefty fine of 29.8 billion won (approximately US$21.93 million) for JW Pharmaceutical, a domestic pharmaceutical company, for allegedly [more…]
Indonesia’s central bank stuns markets with a 25-basis-point rate increase
In an unexpected move, Indonesia’s central bank has decided to raise its benchmark rate, a significant shift from its previous stance of maintaining rates, in [more…]
India and Japan are forging a promising alliance in Asia’s evolving landscape
India and Japan are deepening their ties further through a new joint investment fund. India’s National Investment and Infrastructure Fund is collaborating with Japan Bank [more…]
Singapore’s Bolttech contemplates US stock listing to raise $300 Million in funding
Singaporean insurance technology company Bolttech is actively considering the possibility of conducting an initial public offering (IPO) in the United States, with the potential to [more…]
Netflix has once more increased its subscription fees
Netflix has implemented another round of price increases, with changes announced in its third-quarter earnings report. Specifically, the premium ad-free plan in the United States [more…]
American Airlines reports Q3 loss and adjusts downward 2023 profit projection
American Airlines reported a third-quarter loss and adjusted its 2023 profit outlook due to the impact of rising fuel prices. The airline now anticipates earning [more…]
China’s Q3 economy grows 1.3% quarterly, 4.9% annually
China’s economy saw a robust resurgence in the third quarter, surpassing expectations with a 4.9% year-on-year GDP growth, positioning it well to achieve its annual [more…]