Blackstone plans to double its investments in India to $100 billion within five years, with chief operating officer Jonathan Gray describing the country as the firm’s best-performing market and expressing confidence in
The United States has imposed new sanctions on Cuba’s state-owned energy company, Unión Cuba-Petróleo (CUPET), intensifying Washington’s efforts to increase pressure on the Cuban government as the island faces a severe energy
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The European Central Bank (ECB) has resumed interest rate increases after nearly three years, raising borrowing costs by 0.25 percentage points to 2.25%. The decision, taken at its latest policy meeting in
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The World Bank has cut its global growth forecast to 2.5% for this year, marking the slowest pace of expansion since the COVID-19 pandemic, according to a report released Thursday. The downgrade
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China’s ports have once again dominated global efficiency rankings in 2025, securing seven positions in the top 10 of a worldwide assessment of trade hub performance, according to a study released Wednesday
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Oil prices climbed sharply on Thursday as escalating military actions between the United States and Iran intensified concerns over global energy flows, with Tehran announcing the closure of the Strait of Hormuz
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Singapore’s private wealth community is reassessing exposure to software investments as generative artificial intelligence reshapes the technology landscape, prompting family offices and institutional allocators to shift capital toward more defensible data-driven businesses
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A large share of South-east Asia’s renewable energy infrastructure faces significant exposure to climate-related hazards by 2030, with about US$165 billion in assets at risk across the region, according to a report
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Allegations of misconduct involving KPMG’s Australian operations have escalated into a widening scandal that now threatens key government and corporate contracts, following claims of mishandled whistleblower reports and improper use of confidential
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China’s producer prices rose for a third consecutive month in May, reaching their highest level since July 2022, as global energy shocks and stronger demand from artificial intelligence-related industries pushed upstream costs
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Asian equities tumbled on Wednesday while oil prices edged higher after a renewed escalation in hostilities between Iran and the United States, raising geopolitical uncertainty and intensifying market focus on upcoming U.S.
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Elon Musk’s SpaceX has attracted more than $250 billion in investor demand for its planned initial public offering, according to people familiar with the matter, marking one of the strongest subscription levels
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BYD Chairman Wang Chuanfu said on Tuesday that he expects the Chinese electric vehicle maker to become the world’s largest automaker within five years, making the statement at the company’s annual shareholder
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India’s economy and government finances are coming under growing strain from the Iran war, as rising global energy prices and disrupted oil supplies increase inflation risks and pressure fiscal stability, according to
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A behind-the-scenes power struggle at Honda Motor has surfaced after retired senior executives attempted and failed to remove Chief Executive Toshihiro Mibe over mounting concerns about the company’s strategy in China and
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Swiss lawmakers are debating revisions to proposed capital rules for UBS that could materially reduce the financial burden placed on Switzerland’s largest bank, following the collapse of Credit Suisse in 2023, according
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