Indonesian President Prabowo Subianto has sacked finance minister Purbaya Yudhi Sadewa and appointed his deputy, Suahasil Nazara, as his replacement, the president’s office said on Monday, Reuters reported. Suahasil, who has served
HSBC, Europe’s largest bank and Hong Kong’s biggest lender, has flagged nearly three-quarters of its commercial property loans in Hong Kong as risky, highlighting growing concerns amid a prolonged slump in retail
More
Vietnam’s richest man, Pham Nhat Vuong, is recalibrating his electric vehicle startup VinFast Auto Ltd.’s strategy, turning away from its ambitious yet faltering expansion into the US and European markets to concentrate
More
Billionaire families across Asia are deepening their involvement in the gold market, moving beyond traditional holdings like index trackers and vault storage to directly financing, shipping, and trading physical gold. This resurgence
More
President Donald Trump has extended a pause on tariffs targeting Chinese goods for another 90 days, delaying a planned tariff increase until November 10 and easing tensions between the world’s two largest
More
Tractors have leveled dusty ground in Belinchón, Spain, preparing to install thousands of solar panels powered by mini-motors in scorching 35°C heat. Miguel de la Rosa, an engineer for project owner Zelestra,
More
U.S. President Donald Trump’s tariff policy is designed to bring manufacturing jobs back to American soil, Treasury Secretary Scott Bessent said in an exclusive interview with Nikkei. Speaking 200 days into the
More
Mainland Chinese buyers have accounted for 80% of transactions in Hong Kong’s ultra-luxury property market over the past 19 months, snapping up around HK$23 billion (US$2.93 billion) worth of homes, according to
More
A major automaker quietly patched serious security flaws in its dealership web portal earlier this year that could have allowed hackers to remotely unlock vehicles and access sensitive customer data, according to
More
A new large-scale SMS phishing scheme, dubbed “Magic Mouse,” has emerged to replace the now-defunct “Magic Cat” scam, security researchers told TechCrunch. The operation is already stealing hundreds of thousands of credit
More
Artificial intelligence may be fueling record gains for companies like Nvidia Corp., but it’s also sparking a sell-off in firms seen as vulnerable to disruption, Bloomberg News reported. From website builder Wix.com
More
The US Commerce Department has begun issuing licences to Nvidia allowing the export of its H20 chips to China, following a personal lobbying effort by the company’s chief executive Jensen Huang during
More
India’s ongoing trade conflict with the United States has drawn fresh attention to the windfall profits enjoyed by Mukesh Ambani, Asia’s richest man, through his Reliance Industries group’s extensive imports of discounted
More
A wave of Chinese technology companies has rushed to apply for initial public offerings (IPOs) in Hong Kong following recent reforms to the city’s confidential filing rules, fueling a booming listing market,
More The United States has imposed tariffs on imports of one-kilo gold bars, a move that could disrupt the global bullion market and deal a fresh blow to Switzerland—the world’s largest gold refining
More
China’s state-owned shipping giant Cosco is aiming to secure a 20-30 percent stake in a $23 billion deal involving key global port assets, including strategic holdings near the Panama Canal, as Beijing
More