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XPeng Considers Investing in 4,000 More Employees and AI as CEO Warns Tough EV Competition
Chinese EV company, XPeng is pushing all its might to production force after tough competition warning from CEO in its industry.
Japan To Allow Cryptoassets in Their Investment Fund
Japan proposes a bill allowing venture capital firms and investment funds to hold cryptocurrency assets.
London Stock Exchange Group Plans to Increase CEO Pay
The London Stock Exchange Group (LSEG) is considering doubling CEO maximum pay amid concerns on UK firms' US listings and competition from high-paying American tech companies.
Sony Loses $10 Billion After PS5 Sales Drop With Games Profit at 10-Year Low
Sony's stock dropped by $10 billion due to lower PS5 sales forecasts, while its gaming profits also fell despite strong digital sales and PS Plus subscriptions.
Latest News
The Biden administration may stall crucial pollution restrictions on cars, hurting EV development. The Environmental Protection Agency (EPA) of the United States may consider easing a major climate change regulation that limits emissions from vehicles' tailpipes.
North Korea is making efforts to expand its Koryo medicine production. North Korea is making efforts to expand its Koryo medicine production. The Asian nation is now shifting toward domestically manufactured or produced products, especially in the medical sector, after recently emphasizing the need for greater economic independence.
Singapore's Deputy Prime Minister and Finance Minister Lawrence Wong unveiled a projected spending plan costing S$131.4 billion (US$97 billion) in his Budget 2024 speech Friday.
The aerospace industry in Singapore is expected to hire over 2,500 workers in the next three to five years to support its ongoing growth.
ChatGPT maker OpenAI reportedly reached a valuation of $80 billion or more after completing a business deal to raise more funds.
China's Foreign Minister Wang Yi urged the United States to lift sanctions on Chinese companies and individuals and emphasized that efforts to decouple from China would ultimately hurt the US.
If former President Donald Trump returns to office again, he will reportedly embark on a course to reverse many of the initiatives undertaken by the Biden administration in combating climate change.
In his biggest punishment to date, a New York judge ordered former President Donald Trump and his companies to pay almost $355 million for fraudulently inflating the values of his properties.
Winning a Mega Millions jackpot takes a lot of luck, but two bettors just wasted that stroke of good fortune after they failed to step forward and claim the prize.
Federal Reserve Governor Christopher Waller has affirmed that the US dollar will remain the world's reserve currency.

















