Sega, the Japanese video game company, is reportedly nearing a deal to acquire Rovio, the maker of Angry Birds, for a staggering $1 billion. According to the Wall Street Journal, the acquisition is part of Sega’s push to expand its mobile gaming business and strengthen its position in the highly competitive gaming industry. The potential … Read more
The United States dollar weakened on Monday, amid anticipation of inflation data that is set to be released later this week. Investors are keeping a close eye on the figures, as rising inflation could lead to the Federal Reserve tightening its monetary policy sooner than planned. The greenback’s dip comes after a strong stretch in … Read more
UAE telco company, Etisalat, is taking a page out of India’s playbook by launching its own super app, Breakingviews. Hoping to emulate the success of India’s Jio Platforms and its all-in-one app JioMart, Etisalat’s Breakingviews aims to offer customers a seamless experience that combines e-commerce, digital payments, and a variety of other services. As the … Read more
The price of gold has been steadily climbing over the past few months, hitting an all-time high of over $2,000 per ounce in early August. However, recent news of positive US jobs growth has lifted the value of the dollar and caused the price of gold to fall below $2,000. This development has sparked concerns … Read more
The Indian Rupee has had a chequered history with a number of economic and political factors driving its fluctuations. Its current status, however, is being impacted by events beyond the nation’s borders. Recent economic data from the US has stoked the bets of an impending rate hike by the Federal Reserve, causing the Rupee to … Read more
The Central Bank of the Philippines, also known as Bangko Sentral ng Pilipinas (BSP), has been raising interest rates since last year to fight rising inflation. However, with inflation showing signs of slowing down, the BSP may be considering pausing their rate hikes to give the economy some breathing room. This potential change in policy … Read more
David Tan, a toy maker in the Philippines, is inundated with requests from grieving pet owners asking him to create stuffed replicas of their deceased animals. Tan and his team use photographs of the pets to create life-like stuffed toys using synthetic fur, which is airbrushed to reproduce the creatures’ colors and physical characteristics. The … Read more
Tensions between Vietnam and China have once again escalated as Vietnam announced the deployment of a ship to track a Chinese vessel patrolling a Russian gas field within Vietnam’s exclusive economic zone (EEZ). This move comes amid increasing disputes between the two countries over territorial claims in the South China Sea. With geopolitical tensions on … Read more
As the world grapples with the ongoing conflict in Ukraine, an Indian G20 negotiator has called for a shift in focus towards addressing poverty. According to the negotiator, the global community must move on from the Ukraine war and utilize resources and efforts to combat poverty that plagues a significant portion of the world’s population. … Read more