Japan’s Aozora Bank Ltd., the country’s 16th largest by market value, has stunned investors with an announcement of expected fiscal year losses due to its investments in US commercial property.…
As of February 2, Goldman Sachs Group Inc.’s tactical specialist, Scott Rubner, has issued a cautionary note to investors, suggesting that the U.S. stock market might face a significant downturn.…
In an unprecedented financial feat, NVIDIA Corp has experienced the largest monthly surge in market value recorded to date, driven by a wave of optimism surrounding advancements in artificial intelligence…
The US commercial real estate market has been struggling since the COVID-19 pandemic began, with recent developments from New York Community Bancorp and Japan’s Aozora Bank Ltd emphasizing that the…
In Washington, on February 1, it was reported that US worker productivity experienced a significant increase in the fourth quarter, surpassing forecasts and aiding the Federal Reserve’s efforts to control…
Amazon has introduced Rufus, a cutting-edge AI shopping assistant, with the same name as the company’s corgi mascot. This groundbreaking AI tool is poised to revolutionize the way users search for products…
In a strategic move that intensifies the global AI race, ByteDance, the parent company of TikTok, has unveiled a revolutionary platform named Coze. This platform, launched in China on Thursday,…
In a significant move to strengthen the United States’ semiconductor supply chain, South Korean chip giant SK Hynix Inc. is nearing a decision to establish its first major U.S. facility…
In Petaling Jaya, the fragile recovery observed in small-cap stocks over the past few weeks has abruptly ended, signaling a return to volatility for investors. Shares of several companies, notably…
Understanding how to effectively boost your website’s visibility without relying on paid advertising is more crucial than ever as search engines continue to refine their algorithms. This guide is designed…
Snap Inc., the parent company of Snapchat, has announced a full recall of its Pixy drone lineup following reports of battery fire hazards. This move comes after the company discontinued…
On February 1, sources from Opec+ revealed plans to evaluate the continuation of voluntary oil production reductions in March. These cuts, amounting to approximately 2.2 million barrels per day (bpd)…
Meta Platforms, Inc. (formerly known as Facebook) has demonstrated a robust financial performance in the fourth quarter, surpassing analysts’ expectations and signaling a strong rebound. CEO Mark Zuckerberg’s strategic focus…
The beginning of 2024 saw a varied performance across global manufacturing sectors, highlighted by the latest surveys released on February 1. Weak demand from China impacted Asia’s economic stability, while…
In an innovative move to strengthen community bonds and foster new connections, Gamuda Land has teamed up with Alliance Bank Malaysia Berhad in a strategic partnership aimed at enhancing community…
Microsoft’s AI Investments Pay Off with Stellar Quarterly Results SAN FRANCISCO: In an impressive display of financial health, Microsoft has outpaced analyst expectations with its quarterly earnings report, thanks in…
John Lee, Hong Kong’s leader, has been working for the past year to rejuvenate the city’s business environment, heavily impacted by pandemic restrictions and China’s economic slowdown. However, the initiative…
In Kyiv, on February 1, tensions escalated as China communicated concerns to Ukraine over the potential damage to bilateral relations following Kyiv’s decision to label over a dozen Chinese firms…
In an era where technological supremacy forms the cornerstone of geopolitical power, Nvidia’s latest foray into the Chinese market with its AI chip, the H20, signals a pivotal moment in…
Lululemon Athletica, the renowned athletic apparel retailer primarily associated with yoga pants and “belt bags,” has embarked on an exciting journey by entering the men’s footwear market. This strategic move…