PRESS AI WORLD

ECONOMY

JSW MG Motor India Reports 55% Sales Surge in December with 7,516 Units Sold

Wednesday, Jan 01

JSW MG Motor India experiences a 55% sales rise in December, reaching 7,516 units, with a focus on electric vehicle sales growth.

ECONOMY

Hong Kong Implements Hotel Tax and Higher Air Travel Fees for Visitors

Wednesday, Jan 01

Hong Kong will reintroduce a hotel tax and increase air travel fees, significantly affecting visitor costs starting January 1.

ECONOMY

WeDoctor Resumes Hong Kong IPO Plans with Tencent's Backing

Wednesday, Jan 01

WeDoctor revives its IPO plans in Hong Kong, targeting $400-$500 million as demand for AI healthcare solutions surges in China.

ECONOMY

Hong Kong recalibrates as it reenters top 10 IPO markets, promising brighter prospects for bankers

Wednesday, Jan 01

Hong Kong sees a resurgence in IPOs, returning to the top 10 global markets and paving the way for lucrative opportunities in 2025.

ECONOMY

Hong Kong's Kai Tak Terminal Tender Starts Early for Next Operator's Preparation

Wednesday, Jan 01

Hong Kong's tourism minister announced early tendering for the Kai Tak cruise terminal to prepare new operators effectively before the current contract's expiry.

ECONOMY

Indian Rupee Declines 5 Paise, Trading at 85.69 Against US Dollar

Wednesday, Jan 01

The Indian rupee weakened 5 paise to 85.69 against the US dollar, influenced by foreign fund outflows and dollar strength.

ECONOMY

Bajaj Auto Sales Decline While Maruti Suzuki Reports Significant Growth in December

Wednesday, Jan 01

Bajaj Auto experiences a sales decline while Maruti Suzuki sees a 30% rise, showcasing contrasting trends in India's automobile market for December 2024.

ECONOMY

NSE Market Capitalization Hits $5.13 Trillion in 2024, Up 21.5%

Wednesday, Jan 01

The NSE's market capitalization rose to $5.13 trillion in 2024, showing 21.5% growth with significant gains in IPO activities and investor participation.