TME

Oct 23 2024FINANCE

Tokyo Metro's IPO: A Smashing Success

Tokyo Metro, one of Japan's top subway operators, had a fantastic debut on the stock market. Their shares skyrocketed by nearly 45% after an impressive IPO. This event was Japan's largest initial public offering in the last six years, raising a whopping 348. 6 billion yen ($2. 3 billion). The compan

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Oct 22 2024FINANCE

Stock Movers to Watch: Big Names Make Headlines

Here's what happened with some big stock players today before the market opened. First up, The Cheesecake Factory saw its shares jump over 3% after an activist investor stepped in. This investor thinks the company should spin off three of its brands. On the other hand, General Motors' shares dipped

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Oct 22 2024BUSINESS

Luxembourg Backs OQ Tech's Satellite Expansion

Luxembourg has thrown its weight behind OQ Technology, pumping millions into the startup's satellite project. The investment, part of OQ Tech's 30 million euro Series B funding round, aims to boost the tiny country's space industry. OQ Tech plans to launch 20 more satellites by the end of next year

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Oct 22 2024BUSINESS

HSBC Makes History: Pam Kaur Becomes First Female Finance Chief

HSBC has made a big change. They've picked Pam Kaur to be their first female Chief Financial Officer (CFO). This is a big deal for the bank, as it's been a while since they made such a significant leadership switch. Pam will start her new job on January 1st, taking over from Jon Bingham who was temp

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Oct 22 2024TECHNOLOGY

Big Tech Stops Promos for Russian Drone Factory

Recently, big tech companies like Google, Meta, and TikTok have taken down social media accounts linked to a Russian drone factory in Tatarstan. These accounts were used to recruit young foreign women, mainly from Africa, to work in the factory. The recruitment posts promised a free trip to Russia a

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Oct 22 2024FINANCE

China's Market Boom: Where’s the Smart Money Going?

China's markets have been on a roller coaster lately, with the government rolling out major stimulus plans. From cutting interest rates to boosting bank cash reserves and supporting stock markets, the Chinese government is going all out. The CSI 300 index, which tracks top stocks, has even jumped by

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Oct 22 2024POLITICS

U. S. Moves to Limit AI and Chip Investments in China

The U. S. government is in the final stage of reviewing new rules aimed at controlling investments in China's sensitive technologies. These technologies include artificial intelligence, semiconductors, microelectronics, and quantum computing. The proposal, under review by the Treasury Department, re

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Oct 21 2024CRIME

UCLA Students Targeted in Alleged Hate Crime

Around 1:11 a. m. on Saturday, a group of UCLA students sitting on a bench near a Chick-Fil-A on Westwood Boulevard were targeted by a hateful act. A dark SUV drove by, and the driver shouted an ethnic slur at the students. The front passenger then threw an open water bottle, striking one of the stu

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Oct 21 2024ENTERTAINMENT

Indian Film Legend Gets Big Boost from Vaccine Mogul

A huge investment is hitting the Indian film scene! Pharmaceutical bigwig Adar Poonawalla is pouring around $119 million into celebrated filmmaker Karan Johar's Dharma Productions and Dharmatic Entertainment. This puts Dharma's value at about $238 million, with Poonawalla's firm seizing a 50% stake.

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Oct 20 2024TECHNOLOGY

Exploring China's Mega Apartment: 30, 000 Residents or Not?

Photos online show a massive apartment building in China claimed to house 30, 000 people. The building, called Regent International Center, is real and stands in Hangzhou's Qianjiang Century City. But can it really fit 30, 000 residents? Experts can't agree. Some say it's close to 20, 000, while oth

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