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Asian stocks close lower on Friday: Hang Seng down 1.5%, Kospi crashes 2.5%

Asian equity markets retreated on Friday, pressured by renewed concerns over US trade policy and uncertainty around the path of interest rates….
Stock

Meta to launch paid version of Facebook and Instagram in the UK

In a landmark move that draws a sharp new line in the global battle over digital privacy, Meta Platforms Inc. is set…
Stock

DBS turns bullish on Baidu, citing AI-driven cloud and robotaxi gains

DBS Group Research has upgraded Baidu to a buy rating, pointing to strong prospects for its autonomous driving and cloud businesses as…
Stock

Asian stocks end mostly flat: Nikkei climbs 0.27%, Nifty slips 0.6%

Asian equities finished Thursday’s session largely flat as enthusiasm from recent AI-driven gains cooled and expectations for aggressive US interest rate cuts…
Stock

How a US government shutdown would impact the Fed, markets and your money

The clock is ticking toward a crisis. As a bitter political impasse between congressional Democrats and Republicans deepens, the risk of a…
Stock

SAP under EU antitrust probe for ERP maintenance practices

The European Union has launched a probe into SAP SE, investigating whether the German software company restricted competition in the market for…
Stock

After a painful pause, LG’s billion-dollar Indian IPO is back on track

After a painful and prolonged pause that had cast a shadow over its ambitious plans, the Indian arm of the South Korean…
Stock

Starbucks to close stores, cut 900 jobs in $1B restructuring

Starbucks Corp. on Thursday announced it will close stores and eliminate 900 positions as part of a $1 billion restructuring initiative aimed…
Stock

Alibaba integrates Nvidia AI into cloud platform

Alibaba Group is expanding its artificial intelligence push by integrating Nvidia’s physical AI tools into its cloud platform, marking one of the…
Stock

peaq launches world’s first tokenized robo-farm with DualMint, KanayaAI

peaq, the Machine Economy blockchain, has unveiled the world’s first tokenized robo-farm. The semi-autonomous farm has been launched in partnership with DualMint,…
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