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Category: Business

Rise of ex-China funds due to regulatory concerns and economic uncertainty in China

Ex-China fund assets have grown from USD 800 million to USD 25 billion in a decade, reflecting shifting investor sentiment

July 7, 2025

DTE Energy Expected to Report Strong Q2 Earnings Growth

DTE Energy Company (DTE) is set to announce its Q2 earnings for 2025 on Thursday, Jul. 24. Analysts expect a

July 7, 2025

CMS Energy's Focus on Renewable Power Generation and Q2 Profit Projection

CMS Energy Corporation (CMS), valued at $21.1 billion, focuses on renewable power generation and plans to retire all coal plants

July 7, 2025

Increasing demand for AI power poses global supply risks, leading to potential regulatory measures.

Tech companies’ increasing electricity consumption for AI training poses global power supply stability risks, says Hitachi Energy CEO Andreas Schierenbeck.

July 7, 2025

Dow to Cut 800 Jobs and Close Three European Chemical Plants

Dow plans to close three plants in Europe and cut 800 jobs due to challenges in the region, leading to

July 7, 2025

Krystals packaging company goes into administration, resulting in loss of jobs

Packaging manufacturer Krystals has gone into administration, leading to the loss of around 80 jobs. The company, with locations in

July 7, 2025

Oracle Stock Skyrockets on $30 Billion Deal

Oracle (ORCL) stock is on the rise, gaining 40% in the last month and 42% year-to-date, outperforming the S&P 500.

July 7, 2025

UnitedHealth Group Faces Challenges in Q2, Can It Rebound?

ClearBridge Investments released its second quarter 2025 investor letter, noting a rebound in growth stocks, with technology and communication sectors

July 7, 2025

ClearBridge Investments expresses concerns about Target due to challenges from consumer spending shifts and tariffs

ClearBridge Investments released its second quarter 2025 investor letter, showing growth stocks rebounding from tariff uncertainty. The S&P 500 returned

July 7, 2025

Jameel Motors partners with Geely to introduce NEVs in Italy, expanding market share

Jameel Motors secures distribution agreement to introduce Geely Auto’s NEVs in Italy amidst a surge in EV and PHEV registrations,

July 7, 2025

Nokia's AI technology helps reduce energy use in Indonesian mobile networks, stock trading slightly lower.

Indosat Ooredoo Hutchison, a top Indonesian digital telecom provider, partners with Nokia Corp. to implement Energy Efficiency solution from Autonomous

July 7, 2025

HitPay integrates Flagright's payment security tech to enhance compliance and fraud prevention efforts

HitPay, a Singapore-based payments firm, has integrated Flagright’s payment security technologies to enhance compliance for over 15,000 businesses. They will

July 7, 2025

Best-performing funds: Barings Korea Trust and Nikko AM ARK Disruptive Innovation Fund

In Q2 2025, Barings Korea was the best-performing fund, while AB International Healthcare was the worst. Korea, technology, and UK

July 7, 2025

AdelFi Credit Union partners with Alkami for digital banking platform

AdelFi Credit Union partners with Alkami Technology for digital banking platform to enhance member experience. Integration includes advanced ACH functionalities

July 7, 2025

High CD rates available, especially with online banks and credit unions

Today’s CD rates remain higher than the national average, with the Federal Reserve cutting interest rates in 2024. Lock in

July 7, 2025

BDO UK adds two new partners to tax practice, focusing on high-net-worth individuals and mid-market companies.

BDO in the UK has added two new partners to its tax practice. David Lewis, with over 25 years of

July 7, 2025

AsiaPay partners with Tai Wo Management for electronic payment system on JOIE taxi platform

AsiaPay has partnered with Tai Wo Management to introduce an electronic payment system to the JOIE taxi booking platform in

July 7, 2025

Shell's profit impacted by weak oil and gas trading, CEO focused on cost-cutting and reliability

Shell Plc announces weaker contributions from its oil and gas trading operation will impact second-quarter results. Shares fell as much

July 7, 2025

Singapore penalizes nine financial institutions for AML violations with penalties totaling S$27.45m

The Monetary Authority of Singapore (MAS) has taken regulatory action against nine financial institutions (FIs) and individuals for anti-money laundering

July 7, 2025

US Oil prices consolidating after correction, hinting at bullish breakout supported by technicals

The NA session starts quietly with subdued volumes as US traders take the day off, following last week’s upside surprise

July 7, 2025

Capgemini to acquire WNS for $3.3 billion to expand AI tools, facing concerns about disruption.

France’s Capgemini is set to acquire WNS for $3.3 billion in cash, expanding its AI tools. The deal includes generative

July 7, 2025

Two ETFs, TSLY and XPAY, offer high dividend yields above 20% through unique strategies.

Two high-yield exchange-traded funds, TSLY and XPAY, offer monthly payouts with forward yields above 20%. TSLY utilizes covered call strategies

July 7, 2025

Nissan Motor plans $4 billion bond sale to boost cash and refinance debt

Nissan Motor plans to sell $4 billion in U.S. dollar- and euro-denominated bonds to boost cash and refinance debt. The

July 7, 2025

OpenAI CEO Sam Altman is homeless but focused on impactful work over personal comforts

OpenAI CEO Sam Altman revealed he is now homeless but is unconcerned, prioritizing his work. He expressed a shift in

July 6, 2025

The dollar rose after Trump announced tariffs on Japan and South Korea

The dollar surged after President Trump announced new tariffs on countries like Japan and South Korea. The yen fell 1.09%

July 6, 2025

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