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
Goldman Sachs shattered Wall Street records in the final quarter of 2025, reporting $4.3 billion in equities trading revenue—a 25 percent increase year-on-year and the highest ever recorded by a bank. The
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If anyone still believes that Asia’s industrial future is being shaped by polite multilateral dialogue and neat development plans, the latest deep-dive produced by Oxford Economics for the Hinrich Foundation should end
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Oilfield services group SLB is poised to secure some of the first contracts under U.S. President Donald Trump’s plan to revive Venezuela’s struggling oil industry, drawing on its decades-long footprint in the
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OpenAI has signed a multiyear agreement worth about $10 billion with chip start-up Cerebras Systems to secure vast amounts of computing infrastructure, deepening its push to reduce reliance on Nvidia and lock
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A group of the world’s most influential central banks, working alongside more than 40 major commercial lenders, is preparing to intensify testing of a digital payments platform designed to modernize how money
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China ended 2025 with a historic trade surplus of $1.189 trillion, a figure that places the world’s largest manufacturing nation in a category usually reserved for the output of major economies. The
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A subsidiary of Israel’s largest arms manufacturer has been denied a £2 billion contract to overhaul British Army training, bringing to an end a contentious bidding process marked by allegations of rule
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CEOs from leading Wall Street banks voiced strong support for the independence of the U.S. Federal Reserve on Tuesday, as the Trump administration launched a criminal investigation into Fed Chair Jerome Powell.
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Iranian intelligence officials announced the confiscation of a significant shipment of Starlink terminals and other advanced electronic equipment, claiming the devices were intended for use in anti-government protests and sabotage operations. The
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U.S. Treasury Secretary Scott Bessent convened ministers from key partner and allied nations in Washington on Monday, urging them to strengthen supply chain resilience and reduce dependence on China for critical minerals,
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The Justice Department has launched a criminal investigation into Federal Reserve Board Chair Jerome H. Powell, the central bank confirmed Sunday, Reuters and The Washington Post reported. The inquiry centers on Powell’s
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Alphabet (GOOGL.O) reached a $4 trillion market valuation on Monday, driven by investor confidence in its sharpened artificial intelligence strategy, Reuters reported. The milestone also marked the first time since 2019 that
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Paramount Skydance (PSKY.O) intensified its fight to acquire Warner Bros Discovery (WBD.O) on Monday by filing a lawsuit demanding more information about Netflix’s $82.7 billion rival offer and announcing plans to nominate
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President Trump called for a one-year cap on credit card interest rates on Friday, without providing details on implementation. Financial analysts immediately noted that such a move would require congressional approval and
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The pact, which will create an integrated market of 780 million consumers and marks the EU’s largest trade deal in decades, was finalized at a meeting of EU ambassadors after Italy, previously
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