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Billionaire Bill Ackman Pours $1,039,000,000 Into Single Asset in Major Portfolio Shift: Report

Billionaire Bill Ackman Pours $1,039,000,000 Into Single Asset in Major Portfolio Shift: Report

Billionaire Bill Ackman’s hedge fund, Pershing Square Capital, has reportedly exited a position that previously accounted for 8.7% of the firm’s ho...
Alibaba unveils global cloud network plan to service the Chinese global tech takeover

Alibaba unveils global cloud network plan to service the Chinese global tech takeover

Alibaba CEO Eddie Wu has announced plans to build a global cloud network following the company’s commitment of over 380 billion yuan (approximately...
Japan’s inflation rises to 3.5%, its fastest rate in two years

Japan’s inflation rises to 3.5%, its fastest rate in two years

Japan’s inflation rose to 3.5% in April, which was higher than expectations of 3.4%.
Malaysia and Singapore are struggling to stay neutral in US-China trade war

Malaysia and Singapore are struggling to stay neutral in US-China trade war

Senior ministers warn that Southeast Asian nations are finding it increasingly difficult to remain neutral as the growing trade conflict between th...
Singapore advises against tit-for-tat tariffs as economy faces technical recession risk

Singapore advises against tit-for-tat tariffs as economy faces technical recession risk

Asian economies need to stay agile and avoid tit-for-tat tariff retaliation, a deputy managing director of the Monetary Authority of Singapore said...
GENIUS Act Seen as Turning Point in Stablecoin Legitimacy

GENIUS Act Seen as Turning Point in Stablecoin Legitimacy

The bill creates legal clarity around collateralization and AML compliance, and is seen as a gateway to broader institutional adoption.
Gold gains while treasury yields rise and stocks decline on US fiscal concerns

Gold gains while treasury yields rise and stocks decline on US fiscal concerns

Gold prices rose for a fourth day on Thursday as unease over President Donald Trump’s tax plan and growing fiscal deficit pushed long-term Treasury...
Intel launches AI GPUs for workstation system, works to gain ground on Nvidia

Intel launches AI GPUs for workstation system, works to gain ground on Nvidia

Intel Corporation has unveiled two new graphics processing units (GPUs) targeting the workstation market, set to compete with Nvidia in AI-powered ...
Revolut to Invest $1.1B in France, Eyes Local Banking Licence

Revolut to Invest $1.1B in France, Eyes Local Banking Licence

UK-based digital banking giant Revolut Ltd has announced plans to invest over €1 billion ($1.1 billion) in France over the next three years. The po...
Stocks, US Treasury yield, and gold all plunge after Moody’s downgrade

Stocks, US Treasury yield, and gold all plunge after Moody’s downgrade

Markets went red before the opening bell on Monday after Moody’s cut the United States’ top credit rating, hammering stock futures, lifting Treasur...