Business and Economy

Business and Economy Latest News

Most Asian stocks rise as investors eye US trade talks
Most Asian stocks rise as investors eye US trade talks
by  AFP

Asian equities mostly rose Monday following a record-breaking day on Wall Street as investors kept tabs on countries' efforts to strike trade deals with the United States before a key deadline next week. After Wall Street's record day, most of Asia followed suit.

Meta spending big on AI talent but will it pay off?
Meta spending big on AI talent but will it pay off?
by  AFP

Mark Zuckerberg and Meta are spending billions of dollars for top talent to make up ground in the generative artificial intelligence race, sparking doubt about the wisdom of the spree. Meta chief Zuckerberg is reported to have sounded the charge himself due to worries Meta is lagging rivals in the generative AI race.

Trump says 'very wealthy' group to buy TikTok
Trump says 'very wealthy' group to buy TikTok
by  AFP

President Donald Trump said Sunday a group of buyers had been found for TikTok, which faces a looming ban in the United States due to its China ties, adding he could name the purchasers in two weeks. In mid-June Trump extended a deadline for the popular video-sharing app by another 90 days to find a non-Chinese buyer or be banned in the United States.

Energy

Money

Industry

Technology

Economy