Month: February 2024

Air Asia Talking Up Its Stock?

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✈️ ✈️ Air Asia Talking Up Its Stock? “I’ve never this bullish before,” Fernandes, who started AirAsia 23 years ago, said. “Southeast Asia is going through a renaissance period of sensible economics, and that’s a good thing.” AirAsia plans to raise as much as $600 million in coming months, Fernandes said, as he tries to pull off a merger between his two aviation businesses — long-haul carrier AirAsia X Bhd. and short-haul airline AirAsia
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Alibaba Finally Reveals State Ownership

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🇨🇳 🇨🇳 Alibaba has revealed that more than a dozen of its entities are partially owned by Chinese state-owned enterprises or foreign sovereign wealth funds
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Laptop With A See-Through Screen

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🇨🇳 🇨🇳 Chinese tech giant Lenovo showed off a prototype laptop on Monday that has a see-through screen
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Iron Ore Falls To 4-Month Low

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🇨🇳 🇨🇳 Iron ore fell to the lowest since October — after dropping almost 9% last week — with hopes for a rebound in Chinese steel demand following the Lunar New Year holidays fading
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Fed Rate Cut Because Of Israel?

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🇮🇱 🇮🇱 Fed may cut rates because of Israel: Israel will diverge even further from the policy path set out by the Federal Reserve if most economists prove right and the central bank cuts interest rates again to help the war-hit economy
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Amazon: 178K Percent Since 1997

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🚨 🚨 After a gain of 178,600% since its IPO in 1997, Amazon is being added to the Dow Jones Industrial Average today, replacing Walgreens
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Xiaomi Garners Attention

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🚨 🚨 The global launch of the Xiaomi 14 and 14 Ultra devices at Mobile World Congress in Barcelona has pushed Xiaomi’s name into the top 10 of online trending lists in Malaysia and the Philippines. While Apple Inc.’s iPhone dominates interest in Southeast Asia as it does globally, Xiaomi took second place from Samsung in Indonesia a year ago with the launch of its earlier generation
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Buffett Endorses Japanese Trading Firms

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🇯🇵 🇯🇵 Warren Buffett’s favorite Japanese trading houses climbed after he said in his letter to investors the companies follow shareholder-friendly policies that are “superior” to those practiced in the US
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