Australia stocks closed slightly lower on Wednesday as the S&P/ASX 200 index edged down by 0.02 %, reflecting cautious sentiment among investors. Despite a flat close overall, certain sectors saw notable moves, especially banks and healthcare. But what really dragged the market down? CBA shares weigh on the market One of the biggest reasons behind the…
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…
Japan’s largest steelmaker, Nippon Steel, is preparing to secure $5.6 billion in subordinated loans to finance its highly anticipated acquisition of U.S. Steel, one of America’s most iconic steel producers. The deal, expected to reshape the global steel industry, highlights Nippon Steel’s aggressive expansion strategy and its determination to strengthen its international footprint. According to…
Garuda Indonesia is making headlines this week after confirming plans to purchase new Boeing aircraft, a move set to modernize its fleet and boost the national carrier’s competitive edge. The announcement marks a turning point for the airline as it looks to recover from years of financial struggles and reposition itself in Southeast Asia’s competitive…
Keller Group Shares dropped significantly this week, reflecting growing investor concerns after a recent downgrade and uncertainties around the company’s forward guidance. The global geotechnical contractor saw its stock fall by nearly 5 %, raising eyebrows across the market. What exactly caused this sudden shift in sentiment? Analyst downgrade sparks market reaction The key trigger was…
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…
In July 2025, Hewlett-Packard Enterprise (HPE) made headlines by completing a $14 billion deal to buy Juniper Networks. The U.S. Department of Justice (DOJ) had tried to stop it earlier this year, raising antitrust concerns. But now, the DOJ has agreed to settle, and the deal is moving forward. This is a big moment in…
TSMC, short for Taiwan Semiconductor Manufacturing Company, is the world’s biggest chip maker. It builds the tiny chips that power our phones, laptops, cars, and even AI tools. Recently, its stock jumped 3.1% in a single day. That’s a big deal for both tech investors and the entire semiconductor market. Why did the stock rise?…