Nvidia chief executive Jensen Huang has reportedly been the target of an alleged Chinese intelligence operation involving a young woman working as a manager in the technology industry, according to reports by
Singapore-based hedge fund manager Jimmy Lim will stop running money for Millennium Management LLC after more than eight years, people familiar with the matter told Bloomberg. By mutual agreement, Lim’s Modular Asset
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The leasing arms of at least two major Chinese banks are in discussions with regulators about converting shipping leases into mortgages, as Beijing braces for new U.S. fees that could challenge China’s
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Ares Management Corp. is ramping up fundraising for digital infrastructure, aiming to capture the surge of capital flowing into data centers as artificial intelligence fuels a global build-out, Bloomberg reported, citing an
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NDB Bank reaffirmed its commitment to supporting Sri Lanka’s exporters by hosting a successful Exporter Forum in Kandy, bringing together exporters, business leaders, and key stakeholders to share insights and explore strategies
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A unit of China’s sovereign wealth fund has booked more than $50 billion in paper gains from heavy buying of local exchange-traded funds, underscoring the scale of Beijing’s efforts to prop up
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Freeport-McMoRan Inc. declared force majeure at its Grasberg mine in Indonesia after a massive mud flow left two employees dead and five missing, sending shockwaves through the global copper market. The mine,
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The world’s maritime transport sector, which carries more than 80 percent of global trade, is facing mounting pressures as growth slows, freight rates remain volatile, and geopolitical tensions reshape shipping routes. According
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HSBC Sri Lanka has agreed to sell its retail banking business to Nations Trust Bank PLC (NTB) in a landmark deal valued at LKR 18 billion. The transaction, announced today, includes HSBC’s
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Tether Holdings SA, issuer of the world’s largest stablecoin, is in discussions with investors to raise as much as $20 billion through a private placement, Bloomberg reported, citing people familiar with the
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Migrant worker outflows from Asia dropped 7% in 2024 to around 6.5 million, marking the first decline since the pandemic year of 2020, according to Nikkei, citing the “Labor Migration in Asia”
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Google has acknowledged that it censored thousands of YouTube content creators following pressure from senior Biden Administration officials during the COVID-19 pandemic. The revelation came in a letter addressed to House Judiciary
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Canadian authorities have executed the largest digital asset seizure in the country’s history, confiscating over CAD 56 million (approximately US$40 million) from the cryptocurrency exchange TradeOgre. The action marks the first time
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Gautam Adani’s fortune has soared by $13 billion in just two trading sessions, following a partial reprieve from India’s markets regulator that reignited investor confidence in his conglomerate. Shares of the Adani
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China is pushing to position itself as a custodian of foreign sovereign gold reserves, a move aimed at strengthening its role in the global bullion market and reducing reliance on Western financial
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New Zealand is poised to appoint a woman to lead its central bank for the first time, a move aimed at restoring credibility after a period of leadership turmoil, according to a
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