Header-template

 Global News

Subscribe our Newsletter

Subscribe to our mailing list to get the latest updates straight in your inbox.

BUSINESS NEWS

India & Malaysia to FastTrack AITIGA Review, Target 2025 Completion

Aiming for significant completion by 2025, India and Malaysia have decided to expedite the evaluation of the ASEANIndia Trade in Goods Agreement AITIG

Aiming for significant completion by 2025, India and Malaysia have decided to expedite the evaluation of the ASEANIndia Trade in Goods Agreement AITIGA. This choice was made after a meeting between Malaysias Deputy Minister of Investment, Trade, and Industry, Liew Chin Tong, and Indias Minister of State for Commerce and Industry, Jitin Prasada. Enhancing cooperation in the semiconductor sector, tackling obstacles to market access, and resolving problems with Indias Foreign Manufacturers Certification Scheme FMCS under the Bureau of Indian Standards BIS were also discussion topics. AITIGAs next joint committee meeting is scheduled for April 9–11, 2025. With bilateral trade reaching $20.02 billion in 2023–2024—17% of Indias ASEAN trade—Malaysia continues to be Indias thirdlargest ASEAN trading partner. Read More..

B2B Tech News | 24 days ago        

SoftBank Acquires Ampere Computing for $6.5B to Boost AI Chip Strategy

SoftBank Group Corp. has acquired a U.S.based semiconductor design company called Ampere Computing for $6.5 billion in cash. Ampere was established in

SoftBank Group Corp. has acquired a U.S.based semiconductor design company called Ampere Computing for $6.5 billion in cash. Ampere was established in 2018 by Renee James, a former president of Intel, and it focuses on producing highperformance, energyefficient data centre processors using Arm Holdings architecture. This calculated move supports SoftBanks prior investments in AI technology and collaborations, such as the Stargate programme, which aims to construct AI data centres in the United States. It is consistent with the companys dedication to developing AI infrastructure. With its headquarters in Santa Clara, California, Ampere will be a wholly owned subsidiary following the acquisition. The acquisition is anticipated to be completed in the second half of 2025, depending on usual regulatory approvals. Read More..

B2B Tech News | 24 days ago        

HSBC in Advanced Talks to Sell Inka Fund Administration Unit to BlackFin

According to reports, HSBC Holdings is in advanced talks to sell Inka, its German fund administration division, to BlackFin Capital Partners, a privat

According to reports, HSBC Holdings is in advanced talks to sell Inka, its German fund administration division, to BlackFin Capital Partners, a private equity group. About €400 billion $435.16 billion in assets under administration are managed by Inka. The possible sale fits HSBCs overarching plan to concentrate on its core competencies and streamline operations. Depending on talks and regulatory permissions, BlackFin, an investment group specialising in European financial services, might finalise the purchase in the upcoming weeks. HSBC has been reorganising its international businesses, including asset management, to maximise profitability. The action is consistent with banks selling off noncore assets as market conditions change. BlackFins presence in the European financial services industry will grow even further if the deal goes through. Read More..

B2B Tech News | 24 days ago        

China Grants ZeroTariff Access to All Imports from Least Developed Countries

By enacting a zerotariff policy for all goods originating from Least Developed Countries LDCs on December 1, 2024, China has reaffirmed its commitment

By enacting a zerotariff policy for all goods originating from Least Developed Countries LDCs on December 1, 2024, China has reaffirmed its commitment to these countries. China is the first big country to grant such extensive tariff exemptions, and this policy is applicable to LDCs that have diplomatic ties with China. By strengthening their export capacities and better integrating them into the global economy, the program seeks to support economic growth in LDCs. China has further supported these nations involvement in international commerce by providing $490,000 to the World commerce Organizations LDCs and Accessions Programme. These actions are a component of Chinas larger plan to foster mutual prosperity and improve relations with developing countries. Read More..

B2B Tech News | 24 days ago        

Kenya Seeks New IMF Deal Amid Rising Debt Pressures

The ninth review under the current Extended Fund Facility EFF and Extended Credit Facility ECF programs has terminated as a result of Kenyas formal re

The ninth review under the current Extended Fund Facility EFF and Extended Credit Facility ECF programs has terminated as a result of Kenyas formal request to the International Monetary Fund IMF for a new financing program. The current $3.6 billion agreement, which was started in April 2021, was scheduled to expire the following month. However, in order to preserve economic stability, the Kenyan government is looking for ongoing IMF assistance because of rising debtservicing costs brought on by massive borrowing and the cancellation of planned tax increases after last years protests. The request has been accepted by the IMF, which will work with Kenyan officials to create a new scheme. Read More..

B2B Tech News | 24 days ago        

Deutsche Bank Grants DWS Exclusive Access to Private Credit Deals

To give it first dibs on private credit agreements, Deutsche Bank has teamed up with its asset management division, DWS. By enabling it to examine di

To give it first dibs on private credit agreements, Deutsche Bank has teamed up with its asset management division, DWS. By enabling it to examine direct lending, assetbased financing, and other private credit alternatives obtained by Deutsche Bank, this action seeks to enhance DWSs alternative investment offers. With big nonbank lenders like Apollo, KKR, and Blackstone controlling the market, the private lending industry is expanding quickly. Banks like Citi have also partnered with private credit managers to compete. Patrick Connors of Deutsche Bank will join DWS as Global Head of Private Credit as part of the project. With €110 billion in alternative assets under management, DWS aims to increase its presence in this profitable and cutthroat industry. Read More..

B2B Tech News | 24 days ago        

Alphabet Acquires Cybersecurity Firm Wiz for $32B in Biggest Deal Yet

Alphabet, the parent company of Google, has agreed to pay $32 billion in cash to acquire cybersecurity startup Wiz, making this the companys largest a

Alphabet, the parent company of Google, has agreed to pay $32 billion in cash to acquire cybersecurity startup Wiz, making this the companys largest acquisition to date. By making this calculated step, Google hopes to strengthen its cloud security products and become more competitive with rivals like Amazon and Microsoft. Founded in 2020, Wiz specialises in identifying security threats in cloud storage and has grown quickly, attaining a $30 billion valuation. Early investors are anticipated to receive large returns from the deal, with companies such as Sequoia Capital and Index Ventures standing to benefit greatly. The transaction highlights the growing significance of cybersecurity in the changing digital landscape, even in the face of possible regulatory scrutiny. Read More..

B2B Tech News | 24 days ago        

BOJ Holds Interest Rate at 0.5%, Citing Global Trade Uncertainties

In line with market forecasts, the Bank of Japan BOJ has kept its shortterm interest rate at 0.5%. This choice is a reflection of worries about possib

In line with market forecasts, the Bank of Japan BOJ has kept its shortterm interest rate at 0.5%. This choice is a reflection of worries about possible global economic slowdowns brought on by trade policies implemented by US President Donald Trump, which could jeopardise Japans exportbased economy. Due to uncertainty in the dynamics of global trade, policymakers remain cautious despite progress towards the BOJs 2% inflation target. The BOJ emphasised that although external trade policies further muddy Japans economic prospects, rising rice prices are also fuelling domestic inflation. Depending on how the U.S. tariff actions affect the state of the world economy, analysts predict that the BOJ may consider raising interest rates to 0.75% by the third quarter of 2025. Read More..

B2B Tech News | 24 days ago        



Get The News to use newsletter to
stay on top of shifting Technology News Updates!!

...

Get Latest News To Your Inbox, Subscribe To Our Newsletter.


By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.



Take a break, Play Suduko!



Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
   4866   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   3366   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   3697   

4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
   3884   

5.  Approximately 8 billion gadgets connect on the internet every day.
   4899   



Sharpen your mind and memory!

Play Mind Game



Your Opinion Matters, Vote Now!!

Where do you go to learn more about whats happening in your industry? Check all that apply.