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
Irfan Razack, the billionaire chairman of Prestige Group, has sounded a cautionary note on India’s booming real estate market, warning that rising costs and oversupply in key cities are creating stress pockets
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Israel’s largest natural gas consortium has signed a major deal to supply $35 billion worth of fuel to Egypt over the next 14 years, underscoring Cairo’s growing reliance on imported energy amid
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The world’s diesel market is running out of time to replenish dangerously low fuel stockpiles before hurricane season and refinery maintenance kick in — a development that could ripple through inflation, trade,
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Tokyo Electron, Japan’s leading semiconductor equipment manufacturer, has dismissed an employee over suspected involvement in the theft of trade secrets from Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker. The
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Shares of Warren Buffett’s Berkshire Hathaway have underperformed the broader market by one of the widest margins in decades, triggering unease among investors as the 94-year-old billionaire prepares to step down as
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China’s ambitious campaign to consolidate its fragmented semiconductor industry into a few powerful state-backed players is faltering, as internal disagreements and market realities challenge Beijing’s top-down push to rival U.S. and European
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Italian Prime Minister Giorgia Meloni’s government is pushing forward with a long-delayed €13 billion bridge linking Sicily to the mainland, now reframing the contentious project as a strategic NATO-aligned infrastructure investment. As
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Former President Donald Trump has publicly accused two of the United States’ largest banks—JPMorgan Chase and Bank of America—of “debanking” him for political reasons, claiming they refused to do business with him
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The Indonesian island of Bali, long celebrated for its natural beauty and spiritual calm, is increasingly being overshadowed by a growing environmental and social crisis. According to a recent investigation by The
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Elon Musk is poised to receive Tesla shares worth $29 billion, according to a decision by a special committee of the company’s board. The move is aimed at solidifying Musk’s commitment to
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Palantir Technologies lifts outlook after beating Wall Street expectations with a 48% jump in quarterly revenue. Palantir Technologies has raised its full-year revenue guidance for 2025 for the second time this year,
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Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, has dismissed several employees for allegedly violating company rules and attempting to access sensitive information related to its next-generation 2-nanometer chip technology,
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Saudi Arabia is making bold moves to position itself as the next hotspot for global property investors, particularly those from Hong Kong and mainland China, following a landmark policy shift that will
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Chinese electric vehicle (EV) giant BYD Co. reported sluggish sales for July, raising concerns over whether the world’s largest EV maker can hit its ambitious annual target of 5.5 million vehicle deliveries.
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Billionaire businessman Ong Beng Seng, the tycoon credited with bringing Formula One night racing to Singapore, is set to plead guilty on Monday in a corruption scandal that has shaken the city-state’s
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