Gold reached a new peak before relinquishing its gains as investors reassess the Federal Reserve’s approach to interest rate adjustments in light of robust US factory data. The precious metal surged to $2,265.73 an ounce earlier on Monday, marking a ...

Bank of Singapore, a prominent private bank in Asia, announced on Monday the appointment of Jibu George as the head of compliance for its Dubai International Financial Centre (DIFC) branch, effective immediately. Ranjit Khanna, the head of private banking for ...

The resolution of Disney’s proxy battle on Wednesday isn’t likely to resolve the company’s challenges in the streaming arena. But first… The ongoing saga of Walt Disney Co.’s confrontation with activist investors raises questions about who plays the hero and ...

Jeon Somi recently launched her makeup brand, GLYF, in partnership with Allure Korea. Since 2023, the Dumb Dumb singer has dedicated herself to the development of her brand. Discussing her product creation process, Somi disclosed drawing inspiration from ancient hieroglyphs, ...

The Food and Drug Administration granted approval to a drug developed by Merck on Tuesday, marking a significant milestone for both the pharmaceutical company and patients battling a rare and progressive lung condition. The newly approved therapy, Winrevair, is intended ...

Hyundai Motor is reevaluating its strategy to exclusively manufacture all-electric vehicles at its new plant currently under construction in Georgia, revealed an executive in a conversation on Wednesday. José Muñoz, President and Global Chief Operating Officer of Hyundai, indicated that ...

Eli Lilly announced on Friday that the Food and Drug Administration (FDA) has extended the deadline for its decision on the approval of the company’s experimental Alzheimer’s treatment, donanemab, in an unexpected development. The FDA intends to convene a last-minute ...

The U.S. Federal Trade Commission (FTC) is nearing a resolution in its investigation of TikTok, the Chinese-owned short video app, regarding purportedly flawed privacy and data security practices. Earlier on Tuesday, Politico had reported the potential FTC action, citing individuals ...

Alibaba Group Holding Ltd.’s decision to cancel the listing of its logistics unit, Cainiao Smart Logistics Network Ltd., dealt a blow to Hong Kong’s aspirations for a revitalized IPO market. This move has intensified pressure on the city’s leaders to ...

Reddit, once the epicenter of the meme stock phenomenon in 2021, is now finding itself as the subject of meme-like enthusiasm in the stock market. The stock of Reddit (RDDT) surged over 12% on Tuesday, marking a more than 30% ...