News

Note: This section contains information in English only.
Wed, 22 Jan 2025 18:35:03 GMT

Google to create AI for KYB compliance

Google's AI fund has led a $3 million seed round for Arva AI, a startup that helps banks and fintechs automate AML and KYB compliance.

Wed, 22 Jan 2025 18:30:03 GMT

Toronto-Dominion Bank to sell mortgage loans

Toronto-Dominion Bank is selling $9 billion in mortgages to meet a US regulatory cap after a money laundering settlement.

Wed, 22 Jan 2025 15:30:05 GMT

UK chooses cash

Nationwide reports a rise in ATM cash withdrawals for the third year, as Brits use cash to budget amid high living costs.

Wed, 22 Jan 2025 12:30:06 GMT

Netflix to raise prices

Netflix is raising prices in the U.S. and Canada, with hikes of $1 to $2.50. The ad-supported plan is now $7.99, standard $17.99, and premium $24.99. Extra member fee is $8.99.

Wed, 22 Jan 2025 09:30:12 GMT

US tech giants to build AI data centers

OpenAI, Oracle, and Softbank are teaming up to build AI-powered data centers, investing $100bn immediately. The joint venture, Stargate, plans to invest $500bn over the next four years.

Wed, 22 Jan 2025 06:30:03 GMT

Trump wants U.S. to exit WHO

Trump announced the U.S. will leave the WHO, blaming its mishandling of COVID-19, political influence, and unfair financial burden on the U.S. compared to other countries.

Wed, 22 Jan 2025 03:30:03 GMT

Trump ends EV incentives

Trump's order targets EV incentives, halts funding from Biden's laws, and challenges state rules on gas-powered cars.

Tue, 21 Jan 2025 21:30:07 GMT

Trump to impose tarrifs on Mexico and Canada

President Trump announced plans to impose up to 25% tariffs on Mexico and Canada by Feb. 1, citing concerns over undocumented migrants and drug trafficking.

Tue, 21 Jan 2025 18:30:03 GMT

India allows sugar export

India will allow sugar mills to export up to 1 million tons this season, easing restrictions to support farmers and strengthen the sugar sector.

Tue, 21 Jan 2025 15:30:03 GMT

Apple sales drop

Apple's iPhone sales in China dropped 18.2% in Q4, losing the top spot to Huawei. This led to a 5% global sales decline during the key shopping period.

Tue, 21 Jan 2025 12:30:03 GMT

Trump issues executive order related to TikTok

Trump issued an executive order delaying TikTok's ban, citing national security concerns, and suggested the US may take a 50% stake or impose tariffs on China over the deal.

Tue, 21 Jan 2025 09:30:07 GMT

Capital One customer service affected

Capital One fixed an outage caused by a third-party vendor, which affected customer account access.

Tue, 21 Jan 2025 06:30:11 GMT

Shareholders push out Telefonica's CEO

Telefonica replaced its CEO, Jose Maria Alvarez-Pallete, with Marc Murtra following pressure from major shareholders.

Tue, 21 Jan 2025 03:30:03 GMT

Crypto execs are skeptics of meme coins

Donald Trump and Melania launched meme coins, sparking criticism from crypto execs. The Trump token hit $15B before dropping below $8B as Melania's token gained attention.

Mon, 20 Jan 2025 21:35:03 GMT

TikTok restores service in U.S.

TikTok began restoring services after Trump announced he would revive the app in the U.S. He said the U.S. would pursue a joint venture to bring it back.

Mon, 20 Jan 2025 21:30:03 GMT

Trump plans to use emergency measures

Trump plans to use emergency powers to boost energy production and reverse Biden's climate policies on his first day in office.

Mon, 20 Jan 2025 18:30:03 GMT

Asian investors are hopeful for US-China cooperation

Asian shares rose after a positive Trump-Xi call boosted hopes for easing US-China tensions. European and US futures were steady, with Wall Street closed.

Mon, 20 Jan 2025 15:30:03 GMT

Trump launches cryptocurrency

President-elect Donald Trump has launched his own cryptocurrency, $Trump, which quickly reached a market value of several billion dollars ahead of his inauguration as the 47th US president.

Mon, 20 Jan 2025 12:30:05 GMT

UK held back by regulation

Chancellor Rachel Reeves said regulators are hindering the UK's efforts to boost the economy and slow growth.

Mon, 20 Jan 2025 09:30:03 GMT

Target raises sales forecast

Target is raising its Q4 sales forecast after strong Black Friday and Cyber Monday results, but its stock is under pressure due to lower-than-expected EPS guidance.

Mon, 20 Jan 2025 06:30:03 GMT

Japane investors buys stocks

Japanese investors bought ¥819.3 billion in stocks last week, the most in nine months, partly due to a new Nippon Individual Savings Account cycle.

Mon, 20 Jan 2025 03:30:04 GMT

China's economy continues to grow

China's economy grew 5% in 2024, meeting its target, driven by a stimulus boost and strong exports.

Fri, 17 Jan 2025 21:30:04 GMT

Restaurants plan for inflation

Restaurant execs are facing rising beef prices, with Portillo's and Shake Shack projecting stable costs in 2025 despite inflation concerns, especially in beef supply chains.

Fri, 17 Jan 2025 18:30:04 GMT

SpaceX rocket blows up

A SpaceX Starship rocket broke apart shortly after launching from Texas, losing contact eight minutes in. Flights over the Gulf of Mexico were rerouted to avoid debris.

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