Australia’s Qantas announced a record annual profit on Thursday, and announced a share buyback and a multi-billion dollar order for 24 new aircrafts.
Putin offers condolences following plane crash believed to have killed Prigozhin; Black Sea grain deal talks might resume
Russia’s aviation authorities have launched an investigation into the crash of the Embraer Legacy 600. All passengers on board are believed to have died.
Hong Kong stocks gain over 2%, Asia markets rise as investors assess rate decisions in South Korea and Indonesia
Central banks in South Korea and Indonesia are expected to hold their benchmark policy rates.
A new PM and a fugitive’s return: here’s what Thailand’s political future holds
The return of Thaksin Shinawatra could mark the end of a chapter in Thai politics, even as some believe he will still be pulling the strings — albeit from behind.
Singapore’s Grab says its ride-hailing unit is on track to hit pre-Covid levels by the end of the year
Grab also pushed forward its breakeven target to the third quarter and said it expects 2023 revenue between $2.2 billion and $2.3 billion.
Fukushima nuclear plant begins releasing treated radioactive wastewater into the sea
In a live video from a control room at the plant Thursday, Tokyo Electric Power Company Holdings showed a staff member turn on a seawater pump.
Asian semiconductor stocks surge after Nvidia posts stellar second-quarter results
Shares of Taiwan Semiconductor Manufacturing Corp, which manufactures all of Nvidia’s advanced AI semiconductors climbed as much as 1.81%
CEO of remote company shares what she looks for in work-from-anywhere hires: ‘This is a gamechanger’
“A potentially strong remote worker could be a very different pick from a strong in-person worker,” said Juliana Chan, founder of Wildtype Media.
Nvidia and more: Morgan Stanley reveals its favorite global stocks to play ‘a pivotal moment for AI’
“The 2024 earnings for AI stocks are higher than they were on July 1, and fundamentals for AI companies look even better,” Morgan Stanley said in a note.
China’s deflation could spill over into a global concern, economists say
China’s economic challenges have given rise to deflationary pressures that present a “global concern” and are likely to accelerate in the coming quarters, economists have suggested.
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