Macau’s Small Shops Struggle as Residents Flock to Mainland for Cheaper Goods
Macau residents are increasingly crossing into mainland China to shop, drawn by lower prices, broader product ranges, and greater convenienc…
Business
64 articles
Second-Hand Shopping Boom: $9 Billion Valuation
Vinted, a consumer-to-consumer platform, has achieved a $9 billion valuation as it continues to grow rapidly worldwide. The company has seen…
Foreign Investors Dump $62B in South Korean Stocks
Foreign investors have sold approximately $62 billion worth of South Korean stocks by late May, despite the KOSPI index rising over 70% this…
Metals Demand Remains Strong Amid Middle East Conflict
The world's largest iron ore producer, Vale SA, reports robust demand for metals despite the ongoing war in the Middle East. Vale's CEO, Gus…
US food ingredient giant Ingredion to acquire UK sweetener maker Tate & Lyle for £2.7bn
London‑based Tate & Lyle announced on Tuesday that it will be bought by US rival Ingredion in a £2.7 billion cash deal. The agreement values…
Insider Trading Crackdown: Prediction Markets Under Fire
The US Department of Justice has launched insider trading prosecutions against participants in prediction markets, marking a significant shi…
Kia's Bold Rebrand Sparks Global Confusion
Kia unveiled a new logo in 2021 as part of a major rebranding effort, leaving many drivers around the world perplexed. The South Korean auto…
Gas Cars Will Be Replaced by EVs, Volkswagen Says
Volkswagen has drawn a comparison between the rise of gas cars and the current shift to electric vehicles. The company believes that just as…
Robinhood Director Meyer Malka Increases Stake by $15 Million, Totaling $35 Million in One Week
Meyer Malka, a founding partner of Ribbit Capital and a director on Robinhood’s board, bought an additional $15 million of Robinhood shares …
Oil Price Volatility Fuels Hedge Fund Gains
Quantitative hedge funds have seen significant profits in 2026. These gains are largely due to strong price trends in commodities, including…
Dangote Refinery’s IPO: A Market Benchmark
Dangote Refinery is preparing for a landmark public offering. The initial public offering (IPO), valued at approximately $50 billion, will b…
US House Prices Rise, Appreciation Slows
The United States saw a continued increase in house prices during the first quarter of 2026, albeit at a slower rate. This trend was observe…
Fastest-Growing Business in Britain: £37.9m Sales in 2025
A media production company co-founded by former England footballer Gary Lineker has topped a new ranking of the fastest-growing businesses i…
GR3N Secures €15.5 Million to Pioneer Microwave-Assisted PET Recycling
GR3N, a CleanTech firm based in Lugano, Switzerland, has raised €15.5 million in a Series B funding round. The investment will be used to co…
South Korea’s Market Surges, Fueled by Chip Giants
South Korea’s stock market recently surpassed India to become the world’s sixth largest. This growth is driven by strong performance in the …
John Murphy Takes Global Lead at Scope Markets
Scope Markets has appointed John Murphy as its new Managing Director, effective immediately, from its Dubai base. Murphy is a long-time exec…
Southeast Asia's Stock Markets Face Turbulent 2026 Amid Global Energy Crisis
At the start of 2026, Southeast Asia's stock markets appeared set for a promising year. However, increasing concerns regarding transparency …
Millennials Face Delayed Inheritance as Wealth Gap Widens
Millennials are poised to inherit trillions of dollars, but many will receive this wealth too late to significantly benefit from it. As they…
Strait of Hormuz Expected to Resume Normal Operations by July
Global energy markets are bracing for a potential shift as international analysts project the Strait of Hormuz will reopen to standard marit…
Battery Storage Boom Brings Free Electricity
Australia is experiencing a surge in grid-scale and residential battery storage, prompting the energy regulator to take notice. The increase…
Berkshire Hathaway Acquires Taylor Morrison for $8.5 Billion
Berkshire Hathaway, led by CEO Greg Abel, has agreed to buy top US homebuilder Taylor Morrison in an $8.5 billion deal. The acquisition mark…
Iran Warns US Ceasefire May End If Lebanon Attacks Continue
Iran has warned that a potential ceasefire with the US may collapse if attacks on Lebanon continue. The statement has heightened tensions in…
Janus Electric CEO Shares Insights on Electrifying Heavy Trucks
Janus Electric's CEO, Ben Hutt, recently spoke to CleanTechnica in an exclusive interview. The discussion took place on June 1, 2026. Janus …
EasyJet Slams US Takeover Bid as "Opportunistic
EasyJet's shares surged to a three-month high after a US investment group, Castlelake, made a possible takeover bid. The airline's stock had…