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Asian traders cheer US rate cut but gains tempered by outlook
Most Asian markets rose Thursday as traders welcomed the Federal Reserve's third straight interest rate cut, though the euphoria was tempered by an indication officials could hold off another reduction any time soon. However, traders have lowered their expectations for a string of further cuts in 2026 after the bank's statement used language used in late-2024 to signal a pause in more rate cuts.
AI's $400 bn problem: Are chips getting old too fast?
In pursuit of the AI dream, the tech industry this year has plunked down about $400 billion on specialized chips and data centers, but questions are mounting about the wisdom of such unprecedented levels of investment. Building data centers requires raising significant capital, Luria points out.
Oracle shares dive as revenue misses forecasts
Shares in business computing giant Oracle fell more than 10 percent on Wednesday on word its revenue missed heady expectations, dampening artificial intelligence euphoria in the market. Oracle's cloud and business computing unit accounted for $8 billion of that revenue, an increase of 34 percent from the same quarter in 2024, according to the earnings report.
Jordan Ayew scores stunning Panenka for Leicester vs Bristol City; video goes viral
Jordan Ayew's cheeky Panenka penalty led Leicester City to a gripping 2-2 draw with Bristol City in the Championship, marking his third goal of the season.
Wanlov the Kubolor lands in court for allegedly defrauding another musician
Musician Wanlov the Kubolor pleaded not guilty to fraud charges over a $4,500 unfulfilled music video project, as the court granted him bail and adjourned the case.
Actress Regina Daniels stirs up debate with gospel dance as Muslim marriage hits a rock
Regina Daniels has reconnected with her Christian roots amid marital troubles with Islamic husband Ned Nwoko, sharing a joyful gospel dance on social media.
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Jaman North NDC members demands revocation of Yaw Dabo's ambassadorial appointment
NDC supporters in Jaman North demanded the revocation of Yaw Dabo's appointment as Grassroots Football Ambassador following his past remarks about the party.
University of Ghana releases approved fees for diaspora halls for new and continuing students
The University of Ghana Enterprises Limited, the company that manages UG's diaspora halls, has released their residential fees, sparking debate online.
Ansgar Knauff: Meet the German-Ghanaian footballer who became the first player to score at Barca's Camp Nou
YEN.com.gh takes a look at Ansgar Knauff, the German-Ghanaian star who made history at Barcelona's Camp Nou, and explores his potential future with the Black Stars.
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