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UAE Reports 24% Growth in Non-Oil Trade, Signaling Shift from Oil Dependency

Oreo Maker Struggles in US Market as Foodflation Bites Back

DIFC reports best-ever record with 32% increase in company registration in H1 

Southeast Asia’s Largest Low-Cost Airlines Bet on Travel Demand and Expand, Despite Eroding Profits

The Business PinnacleJune 19, 20250108 views

Over the next few decades, demand for air travel in Southeast Asia will grow faster than in other countries. AirAsia and VietJet Aviation will add more aircraft to increase their…

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Morgan Stanley’s Asia Chief Sets Eyes for $10 Billion Revenue By 2030

The Business PinnacleJune 18, 2025098 views

After Morgan Stanley topped its arch-rival Goldman Sachs Group for the third consecutive year with a record income of $7.64 billion, the bank’s Asia chief aims for $10 billion.  As…

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Malaysia Cuts Petrol Subsidies Despite Concerns of Triggering Inflation

The Business PinnacleJune 17, 20250100 views

In a country like Malaysia, with more cars than people, this proposal raises worries among residents that it will trigger inflation if consumers are forced to pay the market price…

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Taiwan Puts China’s Leading Chipmakers, Huawei, SMIC on Trade Blacklist

The Business PinnacleJune 16, 20250108 views

The new Taiwan regulation is a great loss for the top chipmakers SMIC and Huawei, who have been putting a lot of effort into catching up in the fight for…

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BYD Competes for Crown of Tesla, Introduces Cheapest EV Model in UK

The Business PinnacleJune 13, 2025092 views

BYD is not only about building the cheapest cars; it also announced ultra-rapid electric car charge points in Europe, where EV owners can recharge as quickly as fuel. The Chinese…

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China Gives Greenlight for Mass Production of the World’s Largest Amphibious Aircraft

The Business PinnacleJune 12, 20250101 views

China manufactured the AG600 to meet the pressing needs in emergency rescue cases and the prevention and control of natural disasters. China has given the green light to mass-produce its…

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Hims & Hers Hopes To Expand In A Changing US Market Despite FDA Ban 

The Business PinnacleJune 11, 20250117 views

Hims has been in demand in the market as it sells cheaper compounded versions of highly in-demand weight-loss drugs like Wegovy, manufactured by Novo Nordisk.  Hims & Hers Health is…

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HSBC Turned to Asia, Middle East to Meet Growing IPO Demand

The Business PinnacleJune 10, 20250118 views

HSBC observed a growing interest from Southeast Asian and Chinese companies who wanted to invest in Hong Kong. The Hong Kong and Shanghai Banking Corporation (HSBC) will expand its investment…

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Meta Explores Over $10 Billion Investment on a Startup that Dominates Data Market

The Business PinnacleJune 9, 20250121 views

Mark Zuckerberg, the CEO of Meta, declared in January that he would invest up to $65 billion in AI-related projects this year, making it the company’s top priority. Facebook parent…

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Stablecoin Issuer Circle Lists IPO In NYSE With Shares Doubling 

The Business PinnacleJune 6, 20250131 views

Circle’s stock surged as high as $103.75 and had to be halted multiple times to contain volatility, owing to uncontrolled trading.  Circle Internet, one of the biggest Stablecoin issuers, debuted…

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