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Analysis of economics, politics and public policy in East Asia and the Pacific.
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Apple Reportedly Discussing Acquiring Perplexity Amid Concerns That It Slackened in AI
According to a Bloomberg report, Apple executives internally discussed acquiring artificial intelligence (AI) startup Perplexity. The reports come at a time when Apple stock has been underperforming its tech...
Fed Holds Rates Steady for Dot Plot Calls for Two More Rate Cuts in 2025
In a widely anticipated move, the US Fed kept its benchmark interest rates unchanged in the range of 4.25% to 4.5% after its June meeting concluded yesterday. This marks...
China’s May Retail Sales Surpass Estimates Amid Subsidies and ‘618 Shopping Festival’
China’s May retail sales jumped 6.4% YoY in May and far exceeded the 5% growth that analysts were expecting as the massive subsidies provided by the Chinese government and...
DayTraders.com Unveils Futures Trading Platform With TradingView Integration
DayTraders.com, a trading technology company based in Las Vegas, has introduced a new platform for futures trading designed to enhance trade execution and provide traders with greater control. The...
Scope Prime Unveils New Broker Partnership With ZXCM
Scope Prime, part of the Rostro Group, has launched a new Partnership Programme designed for brokers who serve retail clients. The first to join is ZXCM, a Seychelles-based brokerage...
Binance Launches Crypto Trading Services For Users In Syria
Binance has launched trading services in Syria following updated guidelines from the United States and the European Union. For years, the exchange had blocked users in Syria due to...
Capital Group Discloses 5.44% Equity Stake In Plus500 Via Regulatory Filing
Capital Group, a major American asset management firm, has become one of the key investors in Plus500 (LON: PLUS), now holding a 5.44% stake in the London-listed retail broker....
ASIC Issues Warnings To 18 Finfluencers Over Unlicensed Financial Promotions
The financial regulator in Australia has issued warnings to 18 social media influencers, widely known as ‘finfluencers,’ for their questionable online activities. These individuals were believed to promote high-risk...
New Bank Aston Gets License To Operate In Guernsey
A new offshore bank, Bank Aston, has been granted a banking license by the Guernsey Financial Services Commission. This is the first time in nearly thirty years that a...
FBS Releases Strategic Outlook On Yield Curve Normalization And Crypto Market Dynamics
FBS, a top-tier global brokerage, has released a fresh expert analysis discussing how large-scale economic shifts are affecting the financial landscape. One key focus is the ongoing normalization of...