HSBC is set to exit the Australian retail banking sector, following an agreement to sell its local mortgage and personal loan portfolio to Blackstone. This decision marks the conclusion of …
In a significant move within the banking sector, shareholders of Permanent TSB (PTSB) in Ireland have given a strong endorsement to a €1.6 billion acquisition by Austria’s Bawag Group. The …
Asian stock markets experienced a downturn on Tuesday, with South Korea’s Kospi index suffering a significant drop of over 10%. This decline was primarily driven by steep losses in semiconductor …
LG Innotek has joined forces with Japan’s TDK to create advanced vision and tactile sensing modules aimed at enhancing robotics and physical AI applications. This strategic partnership leverages LG Innotek’s …
Japanese Prime Minister Sanae Takaichi is set to direct the ruling Liberal Democratic Party to advance a proposal aimed at significantly reducing the consumption tax on food items. The plan …
Indonesia’s stock market experienced a modest uptick over the week ending July 24, as the Jakarta Composite Index (JCI) climbed 0.34%. This growth was fueled by increased trading activity, even …
Cisco is bolstering its commitment to AI-driven cybersecurity solutions through a strategic investment in Zafran Security, an Israeli startup, via its venture capital branch, Cisco Investments. Zafran Security, founded in …
China’s dominance in the electric vehicle (EV) market has propelled its rise to the forefront of the global automotive industry. This rapid growth, supported by government incentives, local investments, and …
Starting this October, the Bank of England will cease accepting bonds linked to thermal coal companies as collateral in its lending operations. This decision represents a major move in the …
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 dropped by 0.52% …