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Business / 2 weeks ago

How market capitalisation milestones reveal a century of economic power shifts

From U.S. Steel becoming the world’s first billion-dollar company in 1901 to Nvidia’s projected rise toward a $5 trillion valuation, market capitalisation milestones trace a century-long shift in global economic power from heavy industry to consumer technology and now artificial intelligence. From U.S. Steel becoming the world’s first billion-dollar company in 1901 to Nvidia’s rise toward a $5 trillion valuation, market capitalisation milestones trace a century-long shift in global economic power from heavy industry to consumer technology and now artificial intelligence. At the start of the 20th century, U.S. Steel’s $1.4 billion valuation reflected an economy driven by railroads, construction, and large-scale manufacturing, with steel forming the backbone of global industrial growth.

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World / 43 weeks ago

Southeast Asia’s Powerhouses: Indonesia, Singapore, Vietnam, others set for strong growth

Indonesia is set to lead the Southeast Asian region with a projected economy of $1.5 trillion, positioning itself as a major economic powerhouse, according to IMF. This growth is fuelled by the country’s rich natural resources, including palm oil, coal, and nickel, making it a key global supplier. Indonesia’s rapidly expanding middle class drives domestic consumption, further strengthening the economy. With ongoing infrastructure development and digital transformation, the country is expected to maintain its upward trajectory in the coming years.

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