Tag: Business
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Japan more upbeat on consumption, exports in June economic report
TOKYO, June 30 : Japan’s government struck a cautiously optimistic tone in its June monthly economic report released on Monday, noting positive moves in private consumption and exports while calling for continued vigilance on Middle East risks to its economy.• The Cabinet Office kept its headline assessment
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China’s Meituan says new AI model trained on domestic chips
Meituan says the performance of its new large language model, LongCat-2.0, is comparable to Google’s Gemini 3.1 Pro, which was released in February.
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Indonesia jails former education minister for 10 years in Google Chromebook graft case
Makarim was found guilty in a case over the procurement of Google Chromebooks for schools
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UK regulator proposes easing Apple, Google app store payment rules
LONDON, June 30 : Britain’s competition regulator on Tuesday proposed allowing app developers to steer users to alternative payment options outside Apple and Google’s app stores to cut fees and boost competition.The Competition and Markets Authority said the proposals would remove restrictions that currently
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Apple iPhone 18 Pro supplier list, parts and photos exposed in Tata data leak
The exposure threatens the carefully negotiated business of building the iPhone, which Apple assembles from a thicket of suppliers worldwide.
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Short sellers keep betting against Pop Mart — even though it’s been a losing trade
Short sellers are doubling down on Pop Mart International even as a recent share price recovery turns their bearish bets on the Chinese toymaker increasingly risky.
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Thai May factory output falls 0.8% y/y, weaker than forecast
BANGKOK, June 30 : Thailand’s manufacturing production index dropped 0.8 per cent in May from a year earlier, the industry ministry said on Tuesday, weaker than analyst forecasts.The May reading compared with a year-on-year decrease of 0.34 per cent forecast in a Reuters poll, and followed a revised fall of 0
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Rafael Nadal talks tennis prize money, his hotels, and what sports taught him about business
Rafael Nadal opened his fourth Zel hotel as he expands into hospitality, education and sports after retiring from tennis.
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Japan keeps intervention rhetoric unchanged despite yen’s slide to 40-year low
TOKYO, June 30 : Japanese Finance Minister Satsuki Katayama reiterated on Tuesday that authorities stood ready to respond to currency moves, keeping the rhetoric unchanged despite the yen’s slide to a four-decade low.The yen accelerated its decline to hit 162.41 in Tuesday morning trade after breaching the 16
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Japan’s Nikkei adds to record quarterly gain on tech rebound
TOKYO, June 30 : Japan’s Nikkei share average climbed on Tuesday, powered by a rebound in technology stocks that have helped drive the gauge’s record quarterly gains.The benchmark Nikkei 225 advanced 1.36 per cent to 70,416.02 in early trading. The index is poised for a 36 per cent gain in the past three mont
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