Temu, the Chinese e-commerce giant owned by PDD Holdings, has secured the top spot on Apple’s US iOS store for the most downloaded free apps for the second consecutive year.…
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The growth in solar power installments in Europe slowed to just 4% in 2024, compared with double-digit increases in recent years, Reuters reported on Tuesday. The slowdown in growth in…
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European markets edged higher on Wednesday as investors navigated political uncertainty in France ahead of a crucial no-confidence vote in its parliament. Meanwhile, Indian markets saw strong performance in public…
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South Korea experienced an unexpected political upheaval as President Yoon Suk Yeol declared martial law in the middle of the night, a dramatic move that was swiftly counteracted by the…
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Barclays settles $17.7 billion debt sale lawsuit for $19.5 million amid securities fraud claims
Barclays has agreed to pay $19.5 million to settle a securities fraud lawsuit filed by shareholders in Manhattan federal court, over its misstep in selling $17.7 billion more debt than…
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Investing
Bank of Korea pledges short-term liquidity boost to stabilize FX market amid political turmoil in South Korea
In response to South Korea’s recent political upheaval, the Bank of Korea (BOK) announced on Wednesday its commitment to boost short-term liquidity and stabilize foreign exchange (FX) markets as necessary.…
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Asian markets were rattled on Wednesday following political upheaval in South Korea, where a brief imposition of martial law created uncertainty across financial markets. The South Korean won saw volatile…
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In a sharp escalation of US-China tech tensions, four leading Chinese industry associations have advised domestic companies to reconsider purchasing US chips, labeling them as “no longer safe.” This rare,…
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The cryptocurrency market is buzzing with optimism as Bitcoin (BTC) consolidates near $95,000, and altcoins like Tron (TRX) and Reserve Rights (RSR) post massive gains. With a global market capitalization…