The semiconductor and associated stocks in Asia took a hit on Wednesday morning, following the steep plunge in Nvidia’s share price in the U.S. The U.S. chipmaker Nvidia witnessed a significant drop of over 9% in regular trading, causing a ripple effect in the semiconductor sector. This decline in Nvidia’s stock price led to a
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In a surprising turn of events, the long-awaited sequel Beetlejuice Beetlejuice has shattered the box office numbers with an opening weekend exceeding $100 million. Warner Bros, after a lackluster summer with a series of flops, has hit a home run with this fall release directed by Tim Burton and starring Michael Keaton. The film is
Steph Curry, the renowned NBA player, has his sights set on life after basketball. He has already begun paving the way for his post-playing career, with a plethora of businesses in his portfolio. Curry is the founder of Unanimous Media, a media company, and Underrated, a youth golf tour, to name a few. His entrepreneurial
China’s property struggles and U.S. sanctions have had a significant impact on various cities in the country, as revealed by the Milken Institute’s best performing cities China index. Hangzhou, the capital of the eastern Zhejiang province, emerged as the top-ranked city in this year’s index thanks to its thriving tech industry, including giants like Alibaba.
In a world where technology is constantly evolving, many hotel chains are embracing the shift towards replacing traditional plastic room keys with digital alternatives. The COVID-19 pandemic has played a significant role in accelerating touchless trends, leading to heightened concerns about the safety and cybersecurity of existing key technologies. Research has uncovered vulnerabilities in plastic
The European Central Bank (ECB) is facing a growing divide among policymakers regarding the outlook for economic growth. This discord could significantly influence the ongoing debate about potential rate cuts, with concerns regarding a recession on one side and inflation pressures on the other. While the ECB has already cut interest rates in June and
Volkswagen, Europe’s top carmaker, is currently deliberating the closure of factories in Germany for the first time. This move highlights the increasing price pressure that the company is facing from its Asian rivals. The decision marks a significant clash between Chief Executive Oliver Blume and the influential unions within Volkswagen. Resistance from Works Council The
Bank Negara Malaysia (BNM) has decided to maintain its key interest rate at 3.00% in an effort to sustain economic growth and keep inflation in check. This decision comes amidst a backdrop of robust economic performance and a stable inflation rate of 2.0%. Despite the recent appreciation of the Malaysian ringgit, which has become one
Russia’s trade with India has seen a significant increase, nearly doubling to $65 billion in 2023. This boost in trade can be attributed to India emerging as a major importer of Russian oil, especially after Western sanctions were imposed in 2022 due to a conflict in Ukraine. Anatoly Popov, the deputy CEO of Russia’s largest
In a unanimous decision, a panel of Brazil’s federal supreme court justices voted to uphold orders suspending the use of Elon Musk’s social network X nationwide. This decision came after Justice Luiz Fux expressed some reservations about the order, particularly regarding the court’s ability to fine individuals or businesses that use “subterfuge” to access X