Super Micro Computer (NASDAQ: SMCI) has been one of 2024's hottest artificial intelligence (AI) stocks. The server specialist's share price is up 260% year to date, and some Wall Street analysts anticipate that surging demand for AI solutions will continue to push the stock highe
South African insurer Old Mutual Ltd reported a 28% rise in full-year earnings on Wednesday as it benefited from double-digit sales and new business growth.
Billionaire Bill Ackman manages the hedge fund Pershing Square Capital Management. He achieved a total return of 212% during the five-year period that ended in February 2024, easily outperforming the S&P 500, which increased 99% during the same period. That makes him a good c
Carbon dioxide emissions from Vietnam's coal-fired power plants jumped to a new high for the first month of the year in 2024 as the country's power producers cranked output to avert a repeat of power outages seen last year.
India's aviation watchdog has deferred a June 1 deadline for airlines to adopt new rules on rest and duty times for pilots, a notice on its website showed, but without stating a reason or a new target date.
Polish fashion group LPP, whose exit from Russia had been questioned by short seller Hindenburg Research, said on Wednesday it planned to double its store count over the next three years driven by its cheaper brand Sinsay.
Financial institutions are not at risk from the first cyberattack on a Vietnamese brokerage, the market regulator said on Wednesday, after the third largest securities firm was suspended after it was targeted over the weekend.
Indonesia's central bank believes the rupiah's depreciation is due to a strong U.S. dollar and higher foreign exchange (FX) demand from domestic firms and banks, a Bank Indonesia (BI) official said on Wednesday.
Australia's Northern Territory on Wednesday imposed a two-week youth curfew in the tourist town of Alice Springs, a day after a mass brawl involving 150 people, many of them armed with weapons.
American artist Richard Serra, whose enormous steel sculptures coated with a fine patina of rust decorated landscapes and dominated oversized galleries in the world's finest museums, died on Tuesday, the New York Times reported. He was 85.
The Australian dollar eased slightly on Wednesday after inflation data surprised on the downside and reinforced expectations the next move in interest rates would be a cut, albeit not for a few months yet.
The dollar steadied on Wednesday in the wake of more strong U.S. economic data, nudging the Japanese yen closer to a test of levels that drew official market intervention back in 2022.
South Korea's Hyundai Motor Group said on Wednesday it will invest 68 trillion won ($51 billion) over three years to bolster its growth potential in electric vehicles and new mobility business and separately hire 80,000 new employees.
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Australian shares inched higher on Wednesday, with healthcare and consumer stocks leading gains, while data showed that the country's consumer price inflation held at a two-year low in February, contrary to expectations for a slight uptick.
Australian consumer price inflation held at a two-year low in February, contrary to expectations for a slight uptick, in a result reinforcing market wagers that the next move in interest rates would be down.
(RTTNews) - The China stock market on Tuesday ended the three-day losing streak in which it had dropped more than 50 points or 1.7 percent. The Shanghai Composite Index now rests just above the 3,030-point plateau although it's expected to open in the red again on Wednesday.
Whistle-blowers have accused the Australian Football League (AFL) of conducting "off-the-books" drug testing of players and covering up positive results, a Federal lawmaker told Australian parliament late on Tuesday.
The New Zealand government no longer thinks it will be able to return to a budget surplus in the year to June 2027 and is not even certain of a surplus the following year as Treasury sees slower growth and tax revenue falls.