South Korea is extending trading hours on its main stock exchange, breaking with established norms across major Asian markets as it seeks to attract sustained participation from global investors and move towards
Three oil tankers have sustained blast damage in the Mediterranean over the past month, shipping and security sources revealed to Reuters. These incidents mark a rare occurrence, as non-military vessels have not
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U.S. President Donald Trump is considering imposing 25% tariffs—or higher—on imports of cars, pharmaceuticals, and semiconductors as part of an escalating trade war, Financial Times (FT) reports. Speaking on Tuesday, Trump indicated
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BlackRock, the world’s largest asset manager, has canceled meetings with companies engaged in shareholder battles following new guidance from the U.S. Securities and Exchange Commission (SEC), the Financial Times (FT) reports. The
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China’s holdings of US Treasury bonds have fallen to their lowest level since 2009, as Beijing continues to diversify its foreign reserves and shift assets into lower-profile accounts. According to data published
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Silver Lake, a prominent US private equity group, is in negotiations to acquire a majority stake in Intel’s Altera unit, marking a significant move as the chipmaker seeks to offload non-core assets
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The Ceylon Chamber of Commerce welcomes bold proposals in the budget that align with its recommendations, Sri Lanka Economic Summit discussions, and Vision 2030 goals. The 2025 Budget focuses on stability, governance,
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Meta Platforms, the parent company of Facebook and Instagram, has regained its position as a Wall Street favorite, fueled by growing optimism about its AI investments. According to The Times UK, Meta’s
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North Korea is officially reopening its borders to Western tourists after nearly five years of closure, as the country becomes one of the last to welcome international visitors following the COVID-19 pandemic.
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On a clear morning in June 2023, I arrived in the city of Dali, located in China’s southwestern province of Yunnan, and was received by He Licheng, a local resident and farmer
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Phenix Lumber Co. in Phenix City, Alabama, earned the grim title of the deadliest workplace in America, with the highest rate of fatal workplace incidents per worker from 2019 to 2023, according
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The legal battle surrounding the 2021 acquisition of Frank, a student loan start-up founded by Charlie Javice, has escalated into a high-stakes courtroom drama. Javice, 31, stands trial this week on charges
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Investors in Ethiopia’s defaulted $1 billion dollar bond have publicly criticized the International Monetary Fund (IMF) for exaggerating the country’s need for debt relief. A committee representing these bondholders contends that the
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In a significant move to reinvigorate China’s private business landscape, President Xi Jinping met with some of the country’s leading entrepreneurs on Monday in Beijing. The meeting, aimed at stimulating the economy,
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Indonesia’s rapidly shrinking middle class is creating ripples across the economy, as businesses struggle to adjust to shifts in consumer spending habits. Pizza Hut Indonesia, operated by Sarimelati Kencana, has felt the
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As global trade tensions escalate, Beijing is taking sweeping measures to tighten control over its advanced technologies, critical minerals, and skilled workforce. In an effort to prevent key industrial know-how from leaving
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