MARKET TRENDING NEWS

After hours of rain on Thursday, the biggest city in Australia, Sydney has reportedly recorded its wettest year since records started 164 years ago. By Thursday afternoon, total rainfall in the city surpassed 2,213mm (87 inches), breaking the previously set record of 2,194mm (86 inches) in 1950, ... Read More

The Civil Aviation Authority of Malaysia has reportedly announced that travelers entering or departing Malaysia must complete customs declaration forms from now. Chester Voo, CEO of CAAM, stated that the RMCD (Royal Malaysian Customs Department) had indicated in a letter dated September 5 that Se... Read More

Pigment, the French business planning and forecasting platform, has reportedly bagged another $65 million, a year after securing $73 million in a Series B round. According to sources, IVP and Meritech Capital led the funding round. Pigment can be used in place of Microsoft Excel for building smal... Read More

Next, a well-known clothing company has reportedly slashed its sales forecast for the latter half of this financial year along with the annual profit guidance. Amidst the rising economic crisis, the shares of the firms depending on consumer spending have tumbled in the U.K. During the release of ... Read More

Germany has reportedly agreed to nationalize its largest gas importer Uniper to fight the impending crisis as the country battles energy shortages because of the Russia’s war in Ukraine. The agreement is based on a rescue plan, which concluded in July when Berlin acquired a 30% stake in the... Read More

SK On, LG Energy Solutions, and Samsung SDI, the three prominent South Korean battery makers are reportedly expected to see consistent growth in profitability and revenue over the coming years as they compete to meet the rising demand for secondary batteries to power EVs in the US. As per Korea-b... Read More

Barcelona, the city to host the biggest mobile technology event every year since 2006, has reportedly become the first global city to receive Biosphere Platinum certification and has recently been named the official home of the Mobile World Congress (MWC).  As reported, the city is stepping up ... Read More

Kippa, a Nigerian firm working to improve the performance of small companies throughout the nation with its financial management and payments platform, has reportedly raised $8.4 million in an oversubscribed funding round. Jephthah Uche, Kennedy Ekezie-Joseph, and Duke Ekezie founded the company ... Read More

Bank stocks in Korea have reportedly taken a beating in recent months, as stricter regulatory obstacles have worsened investor sentiment despite quick interest rate hikes. Since their cash-cow interest earnings increase in tandem with rate hikes, financial equities are seen as one of the main win... Read More

Suppliers of casino equipment have reportedly planned to leave Macao for more favorable markets, highlighting the disruption caused by China's Covid-19-zero policy. As demand in Macau declines, Light & Wonder, a major distributor of casino products, is moving its workforce to the Philippi... Read More