Hanshika Ujlayan
Hanshika Ujlayan
A journalist, writing for the WION Business desk. Bringing you insightful business news with a touch of creativity and simplicity. Find me on Instagram as Zihvee, trying to romanticise life with words.
Global markets rise, Yuan falls, Bitcoin faces resistance
Asian shares broadly rose, tracking Wall Street's tech-led gains. Concerns about a faltering economy and heightened tensions with the US caused the yuan to fall to a one-year low against the…
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Bangladesh reviews Adani contract as court awaits findings
Bangladesh is calling for a renegotiation or potential cancellation of its 25-year power purchase agreement with India’s Adani group, citing high electricity costs and contractual anomalies. This…
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Canada sues Google over alleged anti-competitive practices in ads
Canada's Competition Bureau has filed a lawsuit against Alphabet's Google, alleging that the tech giant engaged in anti-competitive behaviour in the online advertising sector.
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Uber under fire: FTC probes subscription service complaints
The US Federal Trade Commission (FTC) is investigating Uber's flagship subscription service, Uber One, amid complaints from customers that they were signed up to the program without their consent…
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FTC opens antitrust investigation against Microsoft's business practice
The US Federal Trade Commission has opened a sweeping antitrust probe of Microsoft, examining the technology giant's software licensing and cloud computing business, said people familiar with the…
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Musk supports Trump’s push to weaken Fed independence
Tesla and SpaceX CEO Elon Musk has endorsed a controversial idea that could reshape US economic policy: allowing the president to have direct… Read Article →
Bitcoin hits all-time high, with $2.8 billion riding on it reaching $90,000
Bitcoin hit a new all-time high near $81,000, with futures premiums surging, signalling strong investor confidence that the cryptocurrency's record rally is set to continue. According to a…
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Despite stimulus, China's consumer prices edge up at lowest pace in four months
China’s consumer prices rose at the slowest pace in four months in October while producer price deflation deepened, data showed on Saturday,… Read Article →
EV growth projections for Trump era are being significantly revised downward
Slowing electric-vehicle adoption is likely to accelerate even further as President-Elect Donald Trump delivers on his promise to gut plug-in… Read Article →
Amid US-China trade tensions, Beijing urges reconciliation
China is looking to “resolve conflicts” in trade with the next US administration while now facing the increased likelihood of more tariffs… Read Article →
Trump's China threat shifts investor focus to India, Japan stocks
Donald Trump’s election victory is seen changing the course of near-term money flows for three of Asia’s largest equity markets as tariff… Read Article →
Taiwan's TSMC says US investment plan is unchanged after election verdict
Chipmaker TSMC's investment plan in the United States remains unchanged, the company said, responding to a question on the election of… Read Article →
Nvidia surpasses $3.6 trillion market value after Trump election victory
Nvidia stock rallied to a record high on November 7, making the chipmaker the first company in history to surpass a stock market value of $3.6… Read Article →
How Samsung lagged in the AI race, resulting in a $126 billion loss
Samsung Electronics was once the dominant player in a type of semiconductor known as memory, putting it in a great position to capitalise on… Read Article →
Fed cuts interest rates by 0.25% amid economic shifts and inflation concerns
The Federal Reserve on Thursday approved its second consecutive interest rate cut, reducing its benchmark rate by a quarter percentage point (… Read Article →