Germany is struggling to move away from its ‘sick man of Europe’ image
Germany is struggling to move away from its “sick man of Europe” image as the country battles a series of short and long-term issues.
A new PM and a fugitive’s return: here’s what Thailand’s political future holds
The return of Thaksin Shinawatra could mark the end of a chapter in Thai politics, even as some believe he will still be pulling the strings — albeit from behind.
Singapore’s Grab says its ride-hailing unit is on track to hit pre-Covid levels by the end of the year
Grab also pushed forward its breakeven target to the third quarter and said it expects 2023 revenue between $2.2 billion and $2.3 billion.
Fukushima nuclear plant begins releasing treated radioactive wastewater into the sea
In a live video from a control room at the plant Thursday, Tokyo Electric Power Company Holdings showed a staff member turn on a seawater pump.
Asian semiconductor stocks surge after Nvidia posts stellar second-quarter results
Shares of Taiwan Semiconductor Manufacturing Corp, which manufactures all of Nvidia’s advanced AI semiconductors climbed as much as 1.81%
India set to ban sugar exports for first time in 7 years, Reuters reports
India is expected to ban mills from exporting sugar in the next season beginning October, halting shipments for the first time in seven years.
CEO of remote company shares what she looks for in work-from-anywhere hires: ‘This is a gamechanger’
“A potentially strong remote worker could be a very different pick from a strong in-person worker,” said Juliana Chan, founder of Wildtype Media.
North Korea fails to launch spy satellite for a second time
The North Korean space agency said there would be a third launch attempt in October after it assessed why the Thursday launch failed.
Nvidia and more: Morgan Stanley reveals its favorite global stocks to play ‘a pivotal moment for AI’
“The 2024 earnings for AI stocks are higher than they were on July 1, and fundamentals for AI companies look even better,” Morgan Stanley said in a note.
China’s deflation could spill over into a global concern, economists say
China’s economic challenges have given rise to deflationary pressures that present a “global concern” and are likely to accelerate in the coming quarters, economists have suggested.
