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
The luxurious Maybourne Riviera hotel, perched high above the Mediterranean in Roquebrune-Cap-Martin, has become the center of a bitter legal battle involving Qatar’s ruling Al Thani family. Once a favourite retreat of
MoreThe chief executive of Rolls-Royce has warned that the UK risks losing out on the race to develop small nuclear modular reactors (SMRs) if the government delays its selection of companies to
MoreQantas’ much-anticipated ultra-long-haul flights between Sydney and London under its ambitious Project Sunrise have been delayed once again, with the first direct services now expected to launch in early 2027. The postponement,
MoreFitch Ratings has reaffirmed the credit rating of Adani Ports and Special Economic Zone Limited (APSEZ) but maintained a Negative Outlook, citing ongoing governance concerns and financial instability within the Adani Group.
MoreIndonesia has enlisted prominent figures such as billionaire investor Ray Dalio and renowned economist Jeffrey Sachs to serve as advisers to its newly established sovereign wealth fund, Danantara. This move comes as
MoreChinese electric vehicle (EV) giant BYD has reported a 29% increase in full-year sales, surpassing expectations and driven by strong demand for its plug-in hybrid vehicles in its domestic market. The results
MoreIndia has lifted its final restrictions on rice exports, a move aimed at boosting agricultural shipments and supporting economic growth as the country grapples with a slowdown. As the world’s largest rice
MoreUkraine has issued a strong warning about the potentially “really damaging” consequences if the European Union fails to extend its emergency trade measures, which are set to expire on June 5. The
MoreThe operations of Elon Musk’s Starlink satellite broadband services in Sri Lanka have reportedly been suspended until the government ensures its right to secure data or communications information in cases of national
MoreMalaysia is preparing to strengthen its regulations on semiconductor shipments following pressure from the United States, which is concerned that high-end Nvidia chips may be making their way to China despite strict
MoreLuxury car sales in Singapore have plummeted as buyers opt for discretion following the government’s tax hike and enhanced due diligence measures in the wake of a massive $2 billion money-laundering scandal.
MoreThe Trump administration is setting its sights on revitalizing American shipbuilding with an ambitious industrial strategy designed to enhance the nation’s maritime strength. The initiative, expected to be formalized through an executive
MoreIn a move that raises significant concerns about the intersection of technology, intelligence, and global security, Google’s $32 billion bid to acquire the Israeli cybersecurity firm Wiz is drawing attention for reasons
MoreIn recent years, the dominance of the US dollar as the world’s leading currency has come under scrutiny, particularly as shifts in political leadership raise questions about the stability of the global
MoreTurkey’s central bank has spent a record $12 billion defending the lira, after the detention of Istanbul’s mayor, Ekrem İmamoğlu, a prominent political rival to President Recep Tayyip Erdoğan, sent shockwaves through
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