Indonesia’s growth momentum tested by tight monetary policy and export weakness
Indonesia’s economy displayed steady growth in the first quarter, driven by robust domestic consumption, but challenges such as tight monetary policy and export weakness may [more…]
Hong Kong and Shenzhen pioneer cross-border credit data verification
In a fresh move, Hong Kong and Shenzhen have embarked on a pioneering effort to test cross-border information verification, laying the foundation for seamless data [more…]
Robinhood faces SEC enforcement threat over crypto business, stock suffers pre-market dip
In a regulatory filing that raised eyebrows on Monday, popular trading platform Robinhood revealed that the Securities and Exchange Commission (SEC) had issued a Wells [more…]
South Korea raises terrorism alert for diplomatic offices amid North Korean threats
In a move that underscores rising tensions on the Korean Peninsula, South Korea’s foreign ministry has elevated the terrorism alert level for five of its [more…]
AirAsia launches franchise in Cambodia, promising affordable travel options in recovering aviation market
In a bid to bolster Cambodia’s aviation sector, AirAsia launched its latest franchise in the country on May 2, aiming to revive a market that [more…]
Glencore and PT Chandra near $1 Billion deal for Shell’s Singapore refinery and petrochemical units
In a move set to reshape Singapore’s energy landscape, a consortium led by Glencore and PT Chandra is on the brink of acquiring Shell’s oil [more…]
Presight acquires majority stake in AIQ, accelerating A.I. integration in energy sector
In a move aimed at advancing the integration of artificial intelligence (AI) in the energy sector, Abu Dhabi-based AI firm Presight has acquired a 51% [more…]
Russian energy Gazprom reports first loss since 1999
In a surprising turn, Russian energy giant Gazprom announced a staggering loss of 629 billion rubles ($6.84 billion) for the previous year, marking the first [more…]
Hungarian Bank OTP considering bid for Luminor
In a recent development, Hungarian bank OTP is reportedly eyeing a bid to acquire Luminor, a financial institution operating in the Baltic region. This move [more…]
Gogoro electrifies Taiwan’s scooter market with Jego Smartscooter
In a dazzling display of innovation, Gogoro, the Taiwanese electric scooter manufacturer, has ignited a fervor in the market with its latest offering, the Jego [more…]