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The Xiaomi stock just took a hit, and there’s more to the story than meets the eye. In June 2025, Xiaomi reported over 25,000 EV deliveries. That sounds strong on the surface. But compared to May’s numbers, it’s a slight drop. Investors noticed. The stock slipped, and some investors chose to cash out while they…
Saudi Arabia stocks closed higher on Monday, with the Tadawul All Share Index (TASI) rising by 1.03% as optimism over oil prices and regional economic resilience boosted investor sentiment. The advance highlighted a fresh wave of confidence in the Saudi stock market. Local investors and institutions continued to bet on the kingdom’s Vision 2030 economic…
Microsoft is letting go of about 120 employees in Australia as part of its global layoff plan. This move is part of a bigger worldwide cut of nearly 9,000 jobs, or about 4% of the company’s workforce. It’s not the first time we’ve seen big tech companies take this route for Australian jobs. In fact,…
Taichi Tech, the operator behind the UK gambling brand Fafabet, has just been fined £170,000. Why? Their terms and conditions gave them full control to close player accounts and take winnings, without a clear reason. That’s not just unfair, it’s illegal under UK gambling rules. We’re talking about a real warning from the UK Gambling…
Kongsberg Automotive has just announced a major change. The Kongsberg Automotive cost-cutting plan includes €15 million in yearly savings. The company plans to cut €15 million in yearly costs. This step includes removing around 150 jobs, marking one of the biggest Kongsberg Automotive layoffs to date. It’s not the first time they’ve taken such…
The World Bank has slashed Thailand’s 2025 GDP growth forecast to 1.8%, down from 2.9%. This sharp drop signals trouble for Thailand’s economy, raising concerns not just locally but also in Japan, a key trading partner. Weaker exports, a slow tourism rebound, and political unrest are driving this downgrade, impacting businesses and investors across the…
Watches of Switzerland, a leading luxury watch and jewellery retailer, has just released its full-year results for FY25, ending 27 April 2025. The company reported a record-breaking £1.65 billion in revenue. What led to this milestone, and what lies ahead? Quick Summary: What drove record revenue Strong demand in both the United States and the United…
Japan’s stock Nikkei 225 slipped 0.16% on Wednesday, closing at 39,581.81, as investors weighed mixed signals from the U.S. Federal Reserve and signs of slowing global growth. The broader Topix index also fell 0.28% to 2,818.34, reflecting cautious sentiment across Japan stocks. Market Drivers Behind the Decline Key factors that contributed to the Nikkei 225’s…
A big change is coming for gamblers in the U.S. Under Donald Trump’s new tax bill, gamblers could face a massive $1.1 billion hit every year. That’s right, if you enjoy betting, even just for fun, this new rule could cost you more than you think. The bill targets gambling winnings and makes it harder…
Shares of Dizal Pharmaceutical soared this week after the U.S. Food and Drug Administration (FDA) approved its innovative treatment for a rare form of lung cancer. The approval of golidocitinib, marketed as Gavreto, marks a breakthrough for patients with EGFR exon 20 insertion mutations, a subtype of non-small cell lung cancer (NSCLC) that has long…