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Malaysia Secures Record $108 Billion in Approved Investments for 2025
Malaysia achieves historic RM426.7 billion (US$108 billion) in approved investments for 2025, marking an 11% increase and creating nearly 245,000 jobs.
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Indian IT Stocks Face Record Outflows Amid AI Disruption Fears
February saw the highest foreign outflows from Indian IT stocks in seven months as AI advancements raise concerns about future earnings and market capitalization.
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Canadian Natural Defers $8.25B Oilsands Project Amid Regulatory Uncertainty
Canadian Natural Resources Ltd. halts expansion plans for its Jackpine mine due to unclear environmental policies and carbon pricing regulations.
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SoftBank Seeks $40 Billion Loan for OpenAI Investment
SoftBank is reportedly pursuing a substantial loan to fuel its investment in AI leader OpenAI, signaling a significant bet on the future of artificial intelligence.
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Denso Eyes Rohm Acquisition: A $8.3 Billion Semiconductor Power Play
Japanese auto parts giant Denso proposes to acquire chipmaker Rohm in a potential $8.3 billion deal, aiming to dominate the power semiconductor market for EVs and data centers.
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US Weighs Futures Market Intervention as Oil Prices Dip
US considers futures market action and grants waivers for Russian oil purchases to stabilize oil prices amid Middle East conflict.
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Marvell Technology Surges on Strong AI Chip Demand and Earnings Beat
Marvell Technology exceeded earnings and revenue expectations, driven by robust demand for its AI-powered custom processors and a promising financial outlook.
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Bangladesh Faces Soaring LNG Costs Amid Qatar Supply Freeze
Bangladesh grapples with sharply increased LNG prices on the spot market after Qatar halted deliveries due to the Iran-Israel conflict, leading to gas rationing.