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 has relaunched its search for a new chair after failing to finalize a shortlist from an initial pool of over 100 candidates, according to a report by the Financial Times. The
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For over two decades, Jane Street Group maintained an aura of mystery — a trading juggernaut with no publicly named CEO, guarded communication policies, and an office famously adorned with the WWII
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China’s exports of rare-earth products surged by 80% in June, marking a sharp rebound from May’s five-year low and signaling a possible easing in the global shortage of high-tech magnets that has
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Apollo Global Management has secured a mandate to manage Singapore’s $1 billion Private Credit Growth Fund, aimed at supporting high-growth local enterprises with non-dilutive, tailored financing, according to a government procurement portal
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A pair of emerald earrings has become the unlikely centerpiece of a public drama in China’s ongoing war on corruption, after 17-year-old actress Huang Yang Tian Tian unwittingly drew the ire of
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The US House of Representatives has passed a major piece of legislation aimed at regulating stablecoins — digital tokens pegged to traditional currencies like the US dollar — marking the first comprehensive
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Deutsche Bank CEO Christian Sewing is facing mounting scrutiny after being drawn into a €152 million civil lawsuit that alleges his involvement in a flawed internal audit linked to a high-profile financial
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The European Commission has prepared a series of political “safeguards” to appease France’s powerful farming lobby in a bid to secure final approval for its long-delayed trade agreement with the Mercosur bloc,
More Former U.S. President Donald Trump’s aggressive tariff strategy has delivered a staggering $50 billion boost to U.S. customs revenue — and, so far, triggered only limited retaliation from global trading partners. According
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London is celebrating a rare boost to its capital markets following confirmation that €19 bn software powerhouse Visma plans to hold its IPO in the City. The decision not only breathes life into
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In 2022, BYD executive Lian Yubo publicly praised Elon Musk, calling Tesla a model for all Chinese carmakers. At the time, Tesla was widely considered the technological leader in electric vehicles (EVs),
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Sri Lanka’s digital governance ambitions took a significant leap forward today as the Information Communication Technology Agency (ICTA), in partnership with LankaPay and under the Ministry of Digital Economy, announced that GovPay,
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As the economic infrastructure of the Gaza Strip continues to crumble under the strain of war, blockade, and financial isolation, a new and unexpected trade has emerged on the streets: money repair.
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Britain has lost more billionaires than any other country in the past two years, with at least 18 dollar-billionaires relocating abroad amid growing political uncertainty and aggressive tax reforms — a trend
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Bitcoin surged to a new all-time high of $122,600 on Monday morning, continuing its meteoric rise as the Trump administration ramps up efforts to integrate digital assets into the U.S. economy. The
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