Daraz Group, an Alibaba-owned e-commerce platform, has announced layoffs across the group in an effort to establish …
International News
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The US dollar performance faced downward pressure on Tuesday as investors awaited US economic data to gauge …
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FeatureInternational NewsMENA NewsMoneyNews
Qatar’s low-cost LNG expansion pressures rivals
by Aya El Sayedby Aya El SayedQatar, a global leader in LNG exports, has an 85 per cent expansion plan for its LNG …
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FeatureInternational NewsNewsStocks
Investors pivot to Japan amid geopolitical tensions
by Nada Aliby Nada AliInvestors are shifting from China to Japan amid economic and geopolitical concerns, leading to a surge in …
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Russia’s Finance Ministry has been in discussions with Chinese counterparts about the possibility of obtaining loans in …
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FeatureIndustry & TradeInternational NewsNewsTech/AI
Micron rises production for Nvidia’s AI semiconductors
by Nada Aliby Nada AliMicron Technology has commenced mass production of its high-bandwidth memory semiconductors for use in Nvidia’s latest artificial …
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FeatureInternational NewsMoneyNews
Hong Kong’s Oasis sues NEC over JAE sale
by Aya El Sayedby Aya El SayedOasis Management, a hedge fund in Hong Kong, filed an injunction to stop NEC from selling its …
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FeatureInternational NewsNewsStocks
47 Chinese firms withdraw their IPO plans
by Nada Aliby Nada AliThe China Securities Regulatory Commission (CSRC) has tightened rules on share listings in a bearish market, leading …
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BanksFeatureInternational NewsNews
China’s weak local borrowing raises hope for more central aid
by Nada Aliby Nada AliChina’s local governments are hesitant or unable to borrow more, despite pressure to boost growth, leading to …
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BanksFeatureInternational NewsMoneyNews
Japan’s Jan business-to-business prices rise 2.1% YoY – BOJ
by Aya Anwarby Aya AnwarJapan’s business-to-business prices rose by 2.1 per cent YoY in January, slowing down from the 2.4 per …