Asian Markets Show Volatility Amid Middle East Unrest
Asian markets witnessed a rocky start at the beginning of October as rising tensions in the Middle East region continued influencing investor sentiments, signalling mixed trading sessions. Hong Kong stock markets fell by 1% in its first hour of trade, whereas Australia’s S&P/ASX 200 index lost 0.46%. However, Hong Kong
List of Top Performing Stocks in Asia: Surprising Gains!
“Given a 10% chance of a 100 times payoff, you should take that bet every time.” — Jeff Bezos We all put in the effort to improve our financial well-being, whether it’s through a job, business, or some other pursuit. But let’s be honest—are the earnings from our main gig
Amid AI Threats, Philippine Outsourcing Remains Strong
Amid the looming threats of job loss because of artificial intelligence and automation, the Philippine business process management and information technology business will grow at a steady rate of 7%. Moreover, jobs will also grow at a rate of 7% to 1.82 million in 2024, and revenue will reach $38
Is Thailand About to Become Google’s New Tech Hub?
Google announced on Monday that it plans to invest 36 billion Thai baht, equivalent to $1 billion, in Thailand to expand its presence in Asia. With the investment, Google plans to develop a data centre and expand Thailand’s cloud infrastructure. This will be Google’s first data centre in Chonburi, an
Election Results Trigger 4% Dip in Japan’s Stock Market
Japan’s stock market crashed sharply after Japan’s Liberal Democratic Party elected Shigeru Ishiba as the country’s next prime minister. According to the New York Times, Japan’s Nikkei 225 index fell by 4% in early trading sessions of Monday. Mr Ishiba defeated Sanae Takaichi, a disciple of Shinzo Abe who remains
Tata And PSMC Unite to Build India’s Semiconductor Future
Tata Electronics, a subsidiary of Tata Sons, has signed a key technology transfer deal with Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC), Tata Group said in a statement. Under the agreement, PSMC will help design and build a greenfield Fab in Dholera, Gujarat. They will also license various technologies and provide
Anatomy of Crypto – How Does Cryptocurrency Work?
Have you ever found yourself asking, “How does cryptocurrency work?” You’re not alone! As digital currencies sweep the globe, they’re igniting curiosity and a bit of confusion. Imagine a world where your money lives in the cloud, moving effortlessly across borders with just a few clicks. No banks, no waiting—just
China Prepares $142 Billion Bank Support Amid The Crisis.
According to Bloomberg, China plans to add $1 trillion yuan ($142 billion) to its biggest state banks by issuing new special sovereign bonds to strengthen them against the weakening economy. However, the details are not yet public and are subject to change. Bloomberg further mentions that “China is rushing to
Sri Lanka’s Parliament Dissolved For Nov. 14 Elections
Sri Lanka’s newly elected President, Anura Kumara Dissanayake, has dissolved Parliament to facilitate an early general election in the debt-laden nation, as confirmed by a government gazette notification on Tuesday. The notification indicates that the election will take place on November 14, with the new Parliament scheduled to convene on
Vietnam & U.S. Ink MoU on Lastest Technology Trends
In a recent development, Vietnam and the United States signed a memorandum of understanding (MoU) during a business forum in the U.S. to enhance cooperation in energy, artificial intelligence, and data centres. According to the Vietnamese government, the MoUs cover several key agreements, including: Energy technology transfer between Vietnam’s state