Apple should ultimately bear responsibility for losses arising from more than 700 unauthorised credit card transactions in Hong Kong, Election Committee sector legislator Johnny Ng Kit-chong has said, as questions mount over
A coalition of billionaire investors, including BlackRock CEO Larry Fink, infrastructure mogul Adebayo Ogunlesi, and Hong Kong tycoon Li Ka-shing, has orchestrated a $22.8 billion acquisition of key global ports—most notably, two
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U.S. President Donald Trump has intensified his assault on the international trade system by imposing steep tariffs on major economic partners. On March 3, Trump announced a 25% tariff on imports from
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Wolfgang Porsche, the 81-year-old head of the Porsche dynasty, is facing public backlash over his controversial plan to build a 500-meter tunnel and private garage beneath one of Salzburg’s most iconic landmarks,
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OPEC+ has announced it will move forward with plans to increase oil production starting in April, a decision that caught markets off guard and led to a sharp drop in crude prices.
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Taiwan Semiconductor Manufacturing Company (TSMC) has announced a massive $100 billion investment in the United States, marking a strategic move to strengthen its foothold in the American semiconductor industry and avoid potential
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Government borrowing worldwide is set to reach an all-time high of $12.3 trillion in 2024, driven by increased defense spending, higher interest rates, and persistent fiscal challenges across major economies. According to
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In a significant development in global trade and investment, BlackRock announced on Tuesday that it has agreed to acquire two ports serving the Panama Canal from Hong Kong’s CK Hutchinson. This move
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A long-negotiated U.S.-Ukraine resources deal collapsed dramatically in the Oval Office on February 28 after an intense confrontation between Ukrainian President Volodymyr Zelensky, U.S. President Donald Trump, and Vice President JD Vance.
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The largest battery storage project in Europe has begun commercial operations in Scotland, marking a significant step toward improving the efficiency of the UK’s renewable energy infrastructure. The Blackhillock project, developed by
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Singapore has charged three men—two Singaporeans and one Chinese national—with fraud over suspected breaches of US export controls on Nvidia semiconductor sales, the government announced Monday. The case involves servers containing Nvidia
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Rising interest rates and uncertainty over immigration policies are further dampening the US housing market, as homeowners delay renovations and home sales. Shares of Jeld-Wen Holdings, a major seller of doors and
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Japan’s retail giant Seven & i Holdings, the owner of 7-Eleven, is preparing to replace its current president and CEO, Ryuichi Isaka, with its first foreign leader, as the company navigates a
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The U.S. stock market has surged to unprecedented heights, now accounting for nearly two-thirds of the world’s investable equity market. This dominance, fueled by a decade-long rally in technology stocks—particularly those linked
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The Sri Lankan foreign exchange market has selected Bloomberg’s BMatch solution to enhance interbank trading of the US Dollar against the Sri Lankan Rupee (LKR). The BMatch platform, part of Bloomberg’s FXGO,
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India’s economic rise was expected to uplift millions, but for rural women, it has created an era of silent struggle. As men migrate to distant cities in search of work, their wives
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