U.S. and China trade divisions threaten a ‘reversal’ for global economy, IMF official warns
Strained relations between Western and Chinese-aligned economic blocs could cause a “reversal” in global economic growth, an IMF official warns.
Siemens Energy shares jump 13% after guidance raise and leadership change at embattled wind turbine unit
The German renewables firm Siemens Energy announced Wednesday that the CEO of its troubled wind turbine unit will be replaced amid “comprehensive restructuring measures.”
HD Hyundai Marine Solution doubles in South Korea’s largest IPO since January 2022
Shares traded as high as 125,000 South Korean won ($91.55) apiece, representing a 49.88% surge from the IPO price of 83,400 won.
U.S. paused shipment of weapons to Israel to head off Rafah invasion, says official
Biden’s administration paused a shipment of weapons to Israel last week in opposition to Israeli moves to invade Rafah, a senior administration official said.
Dementia cases are on the rise — avoid these 12 risks to keep your brain healthy
As the global population of older adults grows, cases of dementia are also on the rise. Here’s how you can start protecting your brain.
U.S. revokes some export licenses to sell chips to Huawei in a bid to curb China’s tech power
Huawei’s consumer business is seeing a resurgence after the launch of the Mate 60 Pro smartphone in August.
Generative AI is speeding up human-like robot development. What that means for jobs
ChatGPT-like artificial intelligence is speeding up research and bringing humanoid robots closer to reality in China, home to many of the world’s factories.
UOB reports first-quarter profit fell less than expected, maintains 2024 growth outlook
Singapore’s UOB reported a smaller-than-expected decline in first quarter net profit, squeezed by net interest margins and kept its outlook for income growth.
Gold bars are selling like hot cakes in Korea’s convenience stores and vending machines
The country’s largest convenience store chain, CU, has been collaborating with the Korea Minting and Security Printing Corporation to offer customers mini gold bars.
Japan stocks lead losses in Asia-Pacific markets as investors parse through earnings
Japan’s Nikkei 225 dropped 1.63% to end at 38,202.37, while the broad-based Topix closed 1.45% lower at 2,706.43.
