Microsoft’s commitment to investing approximately $80 billion in fiscal 2025 is a clear indication of the urgency and importance that the tech giant places on artificial intelligence (AI) and cloud computing. In an era defined by rapid technological advancements and the increasing necessity for sophisticated AI models, Microsoft’s strategy aims to fortify its position as
Economy
As the financial markets open in 2025, the U.S. dollar has swiftly ascended to a two-year high, reflecting a robust confidence in the American economy. This surge is largely attributed to the strong performance of the U.S. economy relative to its global peers. The Federal Reserve’s relentless stance on maintaining higher interest rates amid persistent
In 2024, Macau, renowned as the largest gambling destination globally, experienced a significant upsurge in its casino revenues, which surged by nearly 24% year-on-year. The total gaming revenue reached 226.8 billion patacas (approximately $28.35 billion). However, this growth raises questions about the sustainability of an economy so heavily reliant on gambling that still lags behind
Singapore Post is currently navigating a turbulent period marked by significant leadership changes. In a recent announcement, the company appointed Isaac Mah, who previously served as the Chief Financial Officer for Singapore Post’s Australia division, to the role of group finance chief. This appointment comes on the heels of the dismissal of Vincent Yik, the
As 2023 draws to a close, European equities have experienced a notable decline, mirroring recent trends observed on Wall Street. Investors are growing increasingly cautious, influenced by elevated government bond yields. This environment has prompted many market participants to liquidate their equity positions as they prepare for the New Year. In this context, the pan-European