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OECD raises US growth forecast for ’24, ’25
The US economy is projected to grow 2.6 per cent in 2024, before slowing to 1.8 per cent in 2025 as the economy…
China’s waterway investment surges in early months
China’s waterway network saw a significant 17 per cent year-on-year increase in fixed-asset investment (FAI) in the…
Taiwan central to continue tightening policies
Taiwan central bank will continue its tightening policy to curb inflation, Reuters reported on Tuesday.
Global cement sector faces urgent calls for policy change to curb emissions
Global cement sector in developing countries faces urgent calls for innovation and policy changes to address its…
Singapore’s PCG plans to reopen $1.42B luxury ski fund in Japan
Singapore-based investor Patience Capital Group (PCG) is considering reopening its $1.42 billion luxury ski project…
Samsung sells entirety of its ASML holding
Samsung Electronics Co. sold the entirety of its remaining stake in ASML Holding NV during the December quarter
Sony plans financial unit IPO in ‘25
Sony Group Corp. announced that it will list its financial arm in October 2025, setting the stage for a significant…
Snap loses ground to bigger competitors
Snap's stock fell 31 per cent on Wednesday as its revenue for the fourth quarter fell short of Wall Street's…
Nigeria devalues currency for 2nd time
Nigeria has drastically devalued its currency for the second time in eight months, to streamline its convoluted…
Japan’s Canon chipmaking tools outperform expectations
Japan's Canon said on Tuesday that it is outperforming expectations with the early interest in its new lithography…