The Commonwealth Bank has taken swift action following the Reserve Bank of Australia’s (RBA) latest move, cutting its home loan interest rates to provide relief for homeowners. This comes after the RBA decided to lower the cash rate to 3.60 per cent, the third rate cut of the year, as inflation slows and economic growth…
The Norway fund, officially known as the Government Pension Fund Global (GPFG), has delivered its strongest quarterly performance in years. Managing a massive portfolio close to $1.9 trillion, this sovereign wealth fund is one of the world’s largest investors. Its recent gains reflect smart asset allocation and favorable market trends, especially in technology and energy…
HSBC shares surged as the bank announced an unexpected dividend increase and a strategic review focusing on boosting shareholder value. Learn how this
The Embargo Ransomware gang has quietly become one of the most notorious players in cybercrime. Since April, they have laundered around $34 million in cryptocurrency, targeting victims in sensitive sectors, especially US healthcare and manufacturing. Let’s break down what’s happening, why it matters, and what this means for online safety right now. What’s the story…
CEO Mark Barrenechea, one of the longest-serving tech CEOs, has stepped down from his role at OpenText. The company is making big changes. It is moving away from non-core assets and focusing on areas with stronger growth potential. For over a decade, Barrenechea led OpenText through major acquisitions, product expansions, and digital transformation efforts. Now,…
Japan’s stock market is making history again. The Nikkei 225, the country’s most-watched index, has climbed to record highs, breaking levels not seen in decades. For many of us watching global markets, this is more than just a number; Nikkei scaling is a sign of how Japan’s economy is evolving. We’re seeing a mix of…
Simba Telecom’s acquisition of Keppel’s M1 stake shakes Singapore’s telco market, hinting at wider industry shifts.
Ørsted’s shares surged following impressive Q2 results and an increased 2025 outlook. Explore the driving factors behind this renewable energy giant’s
Australia’s financial scene is buzzing as the ASX edges higher ahead of the RBA rate decision, Star Entertainment confirms a deal for its Queen’s Wharf stake, and Westpac appoints Carolyn McCann to lead its consumer banking division. Each development carries its own weight, shaping markets, sentiment, and strategy. ASX Rises Ahead of RBA Rate Call…
In a major shift in U.S.–China technology trade, Jensen Huang, CEO of Nvidia, has responded to the United States’ move to claim 15 percent of revenue from advanced chip sales to China by Nvidia and AMD. In the deal, the payment is tied directly to the granting of U.S. export licenses for high-performance AI chips….