Federal Reserve Maintains Interest Rates, Signals Cautious Stance on Near-Term Cuts
On February 1st, the Federal Reserve maintained its interest rates unchanged for the fourth consecutive meeting, indicating a potential openness to rate cuts in the future. However, Jerome Powell, the…
DisruptInvest aims to unite 1000+ great entrepreneurs, investors, and corporates to boost startup investments and acquisitions
Malaysia’s Premier Startup and Corporate Innovation Event: DisruptInvest Summit 2024 Fostering Innovation and Collaboration KUALA LUMPUR, May 23, 2024 – NEXEA, a leading venture capital and startup mentorship platform, has…
Workato’s 2024 Work Automation Index Highlights Emerging Trends in AI and Automation
SINGAPORE, 1 February 2024 – Workato, the pioneer in AI-driven automation and integration solutions, proudly announced the release of its third annual Work Automation Index. This comprehensive report, drawing on…
China Initiates Major Rural Bank Mergers in Response to Escalating Financial Risks
China is embarking on an unprecedented consolidation of its banking sector, targeting the integration of hundreds of rural lenders into larger regional entities. This move comes in response to escalating…
Apple Unveils Groundbreaking Changes in Europe: Third-Party App Stores and Reduced Fees to Comply with DMA
Apple’s recent announcement to revamp its app ecosystem in Europe in accordance with the European Union’s Digital Markets Act (DMA) underscores a pivotal moment in digital market regulation and its…
CEOs of Meta, X, TikTok, Snap and Discord Testify about Child Safety
In a landmark Senate Judiciary Committee hearing, CEOs from some of the biggest social media companies faced a grilling over their records on child exploitation and efforts to protect teenagers…
IBM Wants Managers Back in Office: Either Relocate or Resign
IBM has mandated a return to in-person operations for its managers in the United States, enforcing a significant policy shift towards traditional office work. This decision, outlined in an internal…
DBS intelligently extends S$3 extra hawker meal subsidy program
DBS Launches Adopt-a-Hawker Centre Pilot Programme to Support Hawkers in Singapore. DBS, one of the largest banks in Singapore, has launched a new programme to support the livelihoods of hawkers…
Anticipated Impact: Hong Kong’s Decline on High-End Urban Property Values
Savills plc, a leading real estate firm, has predicted that at least a dozen major cities, including Hong Kong, New York, and San Francisco, are likely to experience a decline…
Philippine Economy Achieves the Highest Growth Rate in Southeast Asia
The Philippines emerged as Southeast Asia’s fastest-growing economy in 2023, outpacing both Vietnam and Malaysia. Gross domestic product (GDP) expanded by 5.6%, exceeding the median growth rate of 5.5% predicted…
IMF Anticipates Global ‘Soft Landing’ on Horizon, Revises Upward 2024 Economic Growth Forecast
On Tuesday, the International Monetary Fund (IMF) slightly raised its global economic growth forecast, enhancing the projections for the United States and China, the globe’s primary economic powerhouses. This revision…
Universal Music Group Warns To Remove Songs From TikTok Once Deal Ends
Universal Music Group (UMG), one of the world’s leading music companies, has issued a warning that it may remove its extensive song catalog from TikTok once their existing deal concludes.…
Canon aims to empower businesses through innovative Smart Technology and sustainable practices in 2024.
Canon Singapore Unveils New Strategies to Lead Consumer and Enterprise Markets In an insightful interview with the Asian Business Review, Andrew Koh, the head of operations for Canon Singapore, delved…
Digital Transformation Success in the Oil and Gas Sector: Revolutionising the Industry through Cutting-edge Technology
Embracing Digitalization: A Path to Efficiency and Sustainability in the Oil and Gas Sector In the rapidly evolving landscape of global business and industry, the ability to effectively harness technological…
US consumer confidence reaches its peak since late 2021
As of January 30, 2023, the United States has witnessed a notable rise in consumer confidence, reaching its zenith since the close of 2021. This uptick is attributed to Americans’…
Leaders should embody good digital thinking, integrate digital methods, and upskill their teams, says EY’s Jason Seng 2024.
In the contemporary business landscape, marked by its fast pace and ever-evolving challenges, the paradigm of leadership has undergone a significant transformation. Today, a more empathetic, adaptive, and people-centered approach…
Telecommunications powerhouse evolves into technology company, targeting digital supremacy in Indonesia
Following the strategic merger, Indosat Ooredoo Hutchison (IOH) has emerged as a formidable player in the telecommunications sector, boasting a customer base exceeding 100 million. This milestone marks a significant…
Fed anticipated to maintain stable interest rates while beginning to evaluate potential reductions
As we approach the conclusion of the Federal Reserve‘s two-day policy meeting this Wednesday, the financial world watches closely. With interest rates at a 22-year peak of 5.25% to 5.5%…
Elon Musk’s Tesla Pay Package Overturned by Delaware Court
The Delaware Chancery Court has made a landmark decision that overturns Elon Musk’s Tesla pay package, valued at $56 billion. This ruling by Chancellor Kathaleen McCormick represents a significant legal…
Peugeot Embraces ChatGPT for Seamless Driving Experience
Stellantis’ Peugeot brand is embarking on an innovative journey by integrating the advanced AI chatbot ChatGPT into its range of vehicles, marking a significant step in the automotive industry’s embrace…