Category: 1. Iran

MOSCOW, Dec ‌29 : A joint venture controlled by Russian billionaire Vladimir Potanin has acquired a 25 per cent stake in IT infrastructure provider Selectel, one of the venture’s partners said on Monday, as Moscow seeks to boost development of…

Meta said on Monday (Dec 29) it would acquire Chinese-founded artificial intelligence ⁠startup Manus, as the technology giant accelerates efforts to integrate advanced AI across its platforms.

Financial terms of its transaction with Manus were…

TOKYO, ‌Dec 30 : Benchmark Japanese government bonds (JGBs) fell on Tuesday in the final trading day of a year that has seen the sharpest jump in yields in three decades on concerns about the nation’s finances.

The 10-year JGB yield rose 2 basis…

SEOUL, ‌Dec 30 : South Korea’s factory output was weaker than expected in November, data showed on Tuesday.

The ‌industrial output index ‌rose 0.6 per cent from a month earlier on a seasonally adjusted basis, after falling 4.2 per cent…

Dec ‌30 : Global investment firm KKR and its affiliated Korean asset manager, Kreate Asset Management, said on Tuesday they have purchased Cheongna Logistics Center, in what they called South Korea’s largest single-asset logistics deal. 

The…

HOUSTON, Dec ‌30 : Oil was steady after a choppy session on Tuesday as investors weighed dented hopes of a Russia-Ukraine peace deal and rising geopolitical tensions in the Middle East around Yemen.

Brent crude futures for February delivery,…

Dec 29 : ‌Nvidia has purchased Intel shares worth $5 billion, the American semiconductor firm said in a filing on Monday, carrying out a transaction announced in September.

The leading AI chip ‌designer said in September ‌it would pay…

HANOI, Dec ‌29 : Tariffs and monetary policy in other countries will make it harder for Vietnam’s central bank to get its policy settings right and hit an economic growth target of more than 10 per cent next year, a senior State Bank of Vietnam…

HONG KONG, ‌Dec 29 : The Hong Kong government said on Monday that private housing land supply for the full financial year is expected to exceed its initial target by 20 per cent, encouraged by a positive outlook from property developers. 

The…

HONG KONG, Dec ‌29 : Private home prices in Hong Kong grew 0.9 per cent month-on-month in November, the sixth month of increase in a row, government data showed on Monday, as interest rate cuts and a vibrant stock market supported sentiment.

BY…