US Household Wealth Rebounds in Q1 2023: Stocks and Treasuries as Key Drivers
In Q1 2023, a notable rebound in US household wealth was reported, marking the highest value in the last year. The resurgence was majorly driven by the stock market bouncing…
Cryptocurrency in the UK: Facing the Heat of Enhanced Regulatory Scrutiny
The UK's Financial Conduct Authority (FCA) has amplified its regulatory stance on cryptocurrency, implementing robust measures to safeguard consumers. This move comes in the wake of frequent criticism of the…
Ringgit’s Recovery: A Leap against the Faltering US Dollar Amid Unexpected Data Release
The Malaysian ringgit experienced a robust recovery against the US dollar in today's opening trade, attributed to the unexpected slip in the US currency due to a surge in initial…
Boost for Consumer Sector as Malaysia Ends Chicken and Egg Price Control: A Deeper Look into Market Dynamics
MIDF Research has reiterated its bullish stance on Malaysia's consumer sector, in light of the government's decision to revoke price ceilings on chicken and eggs from July 1, 2023. The…
The Binance.US Shift: From Fiat to Crypto-Only Amid Regulatory Onslaught
In the face of escalating regulatory scrutiny, Binance.US, the American offshoot of the global cryptocurrency exchange giant, Binance, has announced its suspension of U.S. dollar deposits. The company's banking partners are…
WhatsApp Introduces ‘Channels’: A Step Towards One-to-Many Broadcasting Amid Rising Discontent with Twitter
WhatsApp, owned by Meta Platforms Inc., has rolled out a new feature, 'Channels', allowing selected organizations to broadcast content directly to their followers. The development comes as various entities grapple…
Australia’s Economy Teeters on the Edge of Recession Amid RBA’s Inflation Taming Efforts
The Australian economy is at heightened risk of plunging into a recession following unexpected moves by the Reserve Bank of Australia (RBA) to address rampant inflation, thereby signaling a shift…
Instagram’s Forthcoming AI Chatbot: Interactive, Personalized, and Potentially a Game-Changer
Instagram, a leading social media platform, is soon to introduce an AI-powered chatbot that promises to revolutionize the way users interact on the platform. This progressive development in the integration…
Pioneering New Horizons: ASEAN 5 and BNM Collaborate for Cross-Border Payment Revolution
Bank Negara Malaysia (BNM) and ASEAN 5, a coalition comprising Indonesia, Philippines, Singapore, Thailand, and Malaysia, have embarked on a groundbreaking endeavor, Project Nexus, designed to streamline cross-border payments. This…
Stepping into the Virtual Vanity: The Inaugural Metaverse Beauty Week Revolutionizes the Beauty Industry
Unveiling a fresh phase in the beauty industry, the inaugural Metaverse Beauty Week is set to enthrall audiences from June 12th to 17th, 2023. Hosted across several digital platforms, including Decentraland,…
Zomato Retracts Controversial ‘Kachra’ Campaign Amidst Online Backlash
In a recent unfolding of events, Zomato, the well-known restaurant aggregator, pulled the plug on its 'Kachra' ad campaign this Thursday due to escalating criticism from the online community. The…
NTR Jr Brings Spice to McDonald’s India as the New Brand Ambassador
There's a new flavour in the air, and it's none other than the acclaimed actor NTR Jr, who has just been named the latest brand ambassador for McDonald's India (West…
Mmaximize Unveils Revolutionary Talent Management Vertical in Partnership with Masoom Minawala and Schbang
Masoom Minawala, a global influencer and entrepreneur, has joined forces with Schbang, a renowned digital transformation company, to introduce Mmaximize—a revolutionary talent management vertical. Mmaximize aims to redefine the landscape…
Singapore’s Response to Controversial Joke on MH370
Singapore has found itself in a delicate situation after a Singapore-born comedian, Jocelyn Chia, made an insensitive joke about the tragic MH370 crash during one of her stand-up routines. In…
Unmasking the Green Mirage: Unraveling Shell’s Clean Energy Claims
Energy supergiant Shell recently encountered a significant setback when its marketing strategy came under the scanner of The Advertising Standards Authority (ASA). The watchdog's stringent assessment concluded that Shell's advertisements…
