Business

BOJ Holds Rate Steady And Upgrades View on Economy

The Bank of Japan kept its policy settings unchanged and nudged its economic growth forecast higher, signaling confidence that the economy remains on track for further policy normalization. Bloomberg's Shery Ahn has the latest. (Source…

Ferrari says AI boom is driving demand for personalised supercars

Customers are spending more on custom features, prompting Ferrari to raise its profit forecast as its order book remains full through 2027.

South Korea's 'bipolar' stock market: meltdowns, a record rally and what's to come

South Korea's stock market staged its sharpest reversal on record on Friday, capping a month of wild swings.

PBOC’s Weaker Daily Fixing to Temper Yuan Gains, Analysts Say

China’s central bank set the yuan’s fixing at a weaker-than-expected level, a move that some analysts said may indicate a desire to slow the pace of gains after the currency climbed to a three-year high.

Samsung and SK Hynix answer AI doubters with big numbers and deals

Market participants want answers to a far bigger question than last quarter's profitability: Is the pace of AI infrastructure spending sustainable?

BOJ keeps rates unchanged amid speculation of yen intervention

The Bank of Japan's decision to sit tight was widely expected as the central bank just raised its policy rate from 0.75% to 1% in June.

Asian Stocks Post Biggest Gain in Four Months on AI Optimism

Asian stocks posted their biggest gain in nearly four months as investors piled into chipmakers, after blockbuster earnings from major tech firms reinforced optimism over AI demand.

What becomes of your estate after your demise?

This is not merely a question of temporal logistics; it is an existential reality that every believer must confront before spending a lifetime amassing wealth and properties. When we observe the world around us, the transience of human…

Investors react to BOJ's decision to hold rates

AI boomtowns worsen divide in China’s split-screen economy

In Hefei, the heart of China’s memory-chip industry, factories can barely keep up with the world’s appetite for AI hardware. In Changchun, the rust-belt home of gasoline-powered carmaking, officials admitted to "unprecedented” difficulties…

BOJ holds rates at 1%, warns of underlying inflation exceeding 2% target

The decision comes as speculation continues to swirl around whether the Bank of Japan will hike rates at a faster pace.

The growing business of making snow from the sun

Sunergise chief executive Paul Makumbe said the business had seen more growth in past 12 months than in the eight years before