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DBS Group Sees Higher Net Interest Income in 2025, Announces Capital Return Plan

Feb 10, 2025 01:54 am UTC| Business

DBS Group (OTC: DBSDY), Singapores largest bank, reported a 10% rise in fourth-quarter net profit, reaching S$2.62 billion ($1.9 billion), aligning with analyst expectations. The bank also upgraded its 2025 net interest...

T-Mobile and SpaceX Launch Satellite-to-Cell Service Beta, Expanding Coverage Nationwide

Feb 10, 2025 01:54 am UTC| Technology Business

T-Mobile has begun large-scale testing of its satellite-to-cell service powered by SpaceXs Starlink, aiming to eliminate mobile dead zones and extend connectivity to remote areas. This initiative could revolutionize mobile...

Taiwan's Chipmakers Face Fierce Competition from China's Growing Foundries

Feb 10, 2025 01:53 am UTC| Economy Technology Business

Taiwans Powerchip Technology once saw its partnership with Hefei in 2015 as a gateway to Chinas market. However, its former joint venture, Nexchip, has now become a formidable rival in the legacy chip sector. With Beijing...

Trump Questions Nippon Steel’s U.S. Steel Bid, Signals Possible Investment Shift

Feb 10, 2025 01:53 am UTC| Business

Nippon Steel declined to comment on Monday after former U.S. President Donald Trump stated that no entity could hold a majority stake in U.S. Steel. Trump made the remark on Sunday while speaking to reporters aboard Air...

Navigating Professional Discipline in the Era of Increased Regulatory Scrutiny with Lento Law Firm’s Joseph Lento

Feb 09, 2025 07:42 am UTC| Business

In recent years, regulatory boards across multiple industries have increased enforcement actions against licensed professionals, citing the need for heightened accountability and public trust. As a result, professionals in...

How to Drive Business Transformation: Michael Polk's Path to Growth

Feb 09, 2025 07:37 am UTC| Business

Growth and transformation are challenging for any business leader, but experienced executive Michael Polk has made it his lifes work. Plenty of leaders fear change, but Polk thrives on it. Ive grown through all of my...

Motorola Loses Appeal Over UK Emergency Services Price Cap

Feb 09, 2025 07:24 am UTC| Business Law

Motorola has been denied permission to appeal the UK Competition and Markets Authoritys (CMA) ruling that it was making excessive profits on its contract to provide emergency communications. The Court of Appeal unanimously...

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Economy

Nikkei 225 Surges Past 58,000 as Japan Stocks Rally on Takaichi Stimulus Boost

Japans Nikkei 225 share average surged beyond the 58,000 level for the first time, extending a powerful stock market rally fueled by expectations of aggressive economic stimulus under Prime Minister Sanae Takaichi. The...

ASX Shares Slide as 2026 Cost Outlook Jumps Amid CEO Exit and ASIC Probe

ASX Ltd shares fell sharply after the Australian Securities Exchange warned that fiscal 2026 costs will rise far more than previously expected, overshadowing a modest increase in first-half profit. The exchange operator...

Asian Stock Markets Rise as Australian Shares Rally; Investors Eye U.S. Jobs Data and China Inflation

Asian stock markets posted modest gains on Wednesday, led by a strong rally in Australian shares, as investors weighed softer-than-expected Chinese inflation data and awaited key U.S. jobs figures that could influence...

Asian Currencies Rise as Dollar Weakens Ahead of U.S. Payrolls Data; Aussie Hits Three-Year High

Asian currencies strengthened on Wednesday as the U.S. dollar extended its recent decline ahead of closely watched U.S. nonfarm payrolls data. The softer greenback provided broad support across regional foreign exchange...

Australian Central Bank Signals Tough Stance as Inflation Pressures Persist

A senior official at the Reserve Bank of Australia (RBA) has reinforced the central banks firm commitment to curbing inflation, warning that price pressures remain uncomfortably high despite signs of resilience across the...

Politics

Pentagon Seeks Broader Access to AI Tools on Classified Military Networks

The Pentagon is accelerating efforts to deploy advanced artificial intelligence tools across both unclassified and classified military networks, signaling a major shift in how the U.S. Department of Defense plans to...

Trump to Host Governors at White House Amid Dispute Over Democratic Invitations

President Donald Trump plans to host a bipartisan group of U.S. governors at the White House on February 20, according to National Governors Association (NGA) Chairman Kevin Stitt. The annual NGA meeting in Washington...

U.S. Offers Payments to Afghans in Qatar as Camp As Sayliyah Closure Nears

The U.S. State Department has begun offering financial incentives to Afghans stranded in Qatar to encourage voluntary repatriation, as officials move to shut down Camp As Sayliyah (CAS) by the end of March. The facility, a...

Angus Taylor Challenges Sussan Ley as Liberal Party Leadership Tensions Escalate

Australias opposition leader Sussan Ley is facing mounting pressure within the Liberal Party after senior frontbencher Angus Taylor resigned from his role as shadow defence minister, signaling a potential leadership...

Mexico Senate Approves 40-Hour Workweek Reform, Bill Advances to Lower House

Mexicos Senate has approved a landmark labor reform that would reduce the countrys legal workweek from 48 hours to 40 hours, marking a significant shift in national labor policy. The proposal, backed by President...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

ByteDance Advances AI Chip Development With Samsung Manufacturing Talks

Chinas ByteDance is accelerating its push into artificial intelligence hardware, reportedly developing its own AI chip while holding discussions with Samsung Electronics for manufacturing support. The TikTok parent company...

SMIC Shares Slide Despite Strong AI-Driven Earnings as Margin Pressure Looms

Shares of Semiconductor Manufacturing International Corp (HK:0981), Chinas largest contract chipmaker, declined 3.6% to HK$68.95 in Hong Kong trading on Wednesday, underperforming the Hang Seng Index, which edged up 0.4%....

Russia Signals Further Restrictions on Telegram Amid Ongoing Regulatory Disputes

Russia is set to impose additional restrictions on Telegram, one of the countrys most widely used messaging platforms, after authorities said the app failed to address earlier violations of Russian law. The announcement...

Cloudflare Forecasts Strong Revenue Growth as AI Fuels Cloud Services Demand

Cloudflare has projected annual and first-quarter revenue above Wall Street expectations, signaling strong confidence in the growing demand for cloud services driven by rapid advancements in artificial intelligence. The...

Minnesota Governor Says Trump Immigration Crackdown Could End Soon

Minnesota Governor Tim Walz said Tuesday that the federal immigration crackdown ordered by President Donald Trumps administration in Minnesota could end within days, following direct conversations with senior White House...
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