Egypt setting up area at Gaza border which could be used to shelter Palestinians, Reuters reports
Egypt is preparing an area at the Gaza border which could accommodate Palestinians in case an Israeli offensive into Rafah prompts an exodus, four sources said.
Malaysia’s economy finishes 2023 on softer footing amid weak global demand
Malaysia’s economy grew slower than expected annually, and in the fourth quarter of 2023, as exports remained subdued, the central bank said on Friday
The Eastern & Oriental luxury train restarted this week — here’s what a trip costs
Belmond’s Eastern & Oriental Express is back on the tracks after a near four-year hiatus. The train, one of the best in Southeast Asia, has a new look and new routes.
MrBeast brings in $700 million a year but says he’s not rich: ‘I’ve reinvested everything to the point of stupidity’
The YouTuber can charge brands up to $3 million for a shout-out in a video.
CNBC Daily Open: Weak U.S consumer spending spells caution
Americans tightened their spending at the start of this year after the usual holiday season splurge.
Japan slipped into a technical recession. The Bank of Japan has to juggle supporting the yen and fragile growth
The central bank is under pressure to alleviate Japanese yen weakness, stemming from the interest rate divergence between the U.S. and Japan.
Japan’s Nikkei approaches all-time high; Hong Kong leads gains in Asia
Japan’s Nikkei 225 was on course to reach all-time highs — it was less than 100 points from scaling its record peak at its intraday high of 38,863.6
‘Bubble may be far from bursting’: Capital Economics says S&P 500 could hit 6,500 by end of next year
The research firm said U.S. stocks have “plenty more room” to rise despite showing similarities to the stock market bubble of the dot-com era.
‘Underappreciated beneficiaries’ of AI: Morgan Stanley shares Asian names and gives one 113% upside
It says Japan stands out, with 53% of companies seen as AI beneficiaries — nearly matching the U.S.’ 54%, above Europe’s 50% and Asia-Pacific ex-Japan’s 39%.
Crypto venture funding climbs for first time in nearly 2 years after bitcoin’s stellar run
It marks the first time that venture VC investments in crypto startups have risen since the March quarter of 2022.