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
Argentina’s libertarian president, Javier Milei, made a bold and high-risk shift in his economic strategy this week, dismantling a long-standing currency policy that had been central to his battle against the country’s
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Small business owners in New York’s Chinatown are facing unprecedented challenges as the fallout from the U.S.-China trade war continues to wreak havoc on their operations. Many are scrambling to stockpile essential
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A new wave of export restrictions imposed by China on critical rare earth minerals has raised serious concerns across the global automotive industry, with experts warning of potential production shutdowns within months
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Saudi Arabia’s flagship housing developer, Roshn, has yet to respond to a multimillion-dollar settlement offer from its former chief executive David Grover, deepening a high-profile legal dispute that is being closely watched
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In an effort to mend relations with Saudi Arabia’s sovereign wealth fund, PwC has made significant changes to its leadership in the Middle East following a dispute with the kingdom’s Public Investment
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The world’s top luxury brands are bracing for ongoing headwinds in China, as a worsening property market and prolonged trade tensions with the United States continue to erode consumer confidence and spending,
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Chinese aerospace firm Chang Guang Satellite Technology Co. is setting its sights on expanding international markets with its latest innovation: a powerful, low-cost, and ultra-lightweight remote sensing satellite designed specifically with Belt
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A power struggle between Saudi Arabian and Pakistani investors over one of Pakistan’s largest power companies, K-Electric, is escalating into a battle with far-reaching implications for both the company’s future and the
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India’s tax authorities have issued a wave of multimillion-dollar demands to major multinational corporations, casting doubt on Prime Minister Narendra Modi’s promise to create a more welcoming environment for global investors and
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China’s imports of U.S. liquefied natural gas (LNG) have ground to a complete halt, marking a significant escalation in the ongoing Sino-American trade tensions and exposing new fractures in the global energy
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Mark Zuckerberg is facing one of the most consequential legal challenges of his career as a landmark antitrust trial unfolds in a Washington, D.C. federal courtroom. At the heart of the U.S.
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Blackstone president Jonathan Gray has issued a stark warning that the U.S. economy could tip into recession if the White House fails to secure timely trade agreements, adding pressure on President Donald
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Global Payments has agreed to acquire rival payment processor Worldpay in a $24.2 billion cash-and-stock transaction, marking one of the most significant deals in the fintech sector this year. The agreement comes
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Global hospitality leader Hilton (NYSE: HLT) has officially announced the launch of its Hilton Garden Inn brand in the Philippines, with the signing of two new properties: Hilton Garden Inn Manila Quezon
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The world economy is on a recessionary path, with global growth projected to decelerate to 2.3% in 2025, according to the latest report from the UN Conference on Trade and Development (UNCTAD).
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