HSBC has decided to exit the retail banking sector in Australia after reaching an agreement to sell its local mortgage and personal loan portfolio to Blackstone. This marks the end …
In a decisive move, shareholders of Ireland’s Permanent TSB (PTSB) have approved a significant €1.6 billion acquisition by the Austrian financial institution Bawag Group. An impressive 91% of the shareholders …
Asian stock markets experienced a downturn on Tuesday, with South Korea’s Kospi index suffering a significant drop of over 10%. This decline was predominantly driven by heavy losses in semiconductor …
In a strategic move to enhance robotics and artificial intelligence applications, South Korea’s LG Innotek has teamed up with Japanese firm TDK to develop advanced vision and tactile sensing modules. …
Japanese Prime Minister Sanae Takaichi is poised to direct the ruling Liberal Democratic Party to advance a plan aimed at significantly reducing the consumption tax on food items from 8% …
Amidst a backdrop of global economic uncertainties and persistent foreign investor outflows, Indonesia’s Jakarta Composite Index (JCI) saw a modest increase of 0.34% for the week concluding on July 24. …
Cisco has bolstered its commitment to AI-driven cybersecurity by investing in Israeli startup Zafran Security through its venture capital branch, Cisco Investments. This strategic move underscores Cisco’s focus on enhancing …
China has rapidly ascended to become the world’s largest market for electric vehicles, propelling the growth of key companies and reshaping the global automotive landscape. This rapid expansion, however, has …
The Bank of England has taken a decisive step toward managing climate-related financial risks by announcing that, starting in October, it will no longer accept bonds linked to thermal coal …
Oil prices saw a slight decline on Thursday as investors took profits and evaluated the implications of escalating tensions between the United States and Iran. Brent crude dipped by 0.52% …