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
HSBC Holdings Plc announced on Thursday that Andrew Wild, its chief executive officer for continental Europe, will step down from his role at the end of the year, citing family reasons. The
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Around 1.4 million barrels per day of Russian oil — nearly a third of the country’s seaborne export capacity — are currently being held in tankers as sanctions imposed by the United
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Wu Qing, the chairman of China Securities Regulatory Commission (CSRC), has sought approval to step down from his role, sources familiar with the matter told Reuters, in an abrupt move that could
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Chaos Industries, a Los Angeles-based manufacturer of counter-drone radar systems, has raised $510 million in a Series D funding round, CEO John Tenet told Reuters, marking another milestone in the surging interest
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China is bracing for its longest slowdown in consumption growth since the post-Covid rebound began to fade more than four years ago, revealing the gap between the government’s pledges to boost domestic
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Japan Exchange Group Inc. (JPX) is considering new measures to curb the rapid rise of listed companies hoarding digital assets, as growing investor losses spark concern over the country’s crypto-driven stock frenzy.
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In one of the most cutthroat corners of global finance, Australia’s block trading market has become a high-stakes battleground where bankers are taking ever-bigger gambles to outmaneuver rivals for lucrative deals. Once
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by Economic Affairs Editor Every few years a new development slogan arrives in Sri Lanka, wrapped in glossy reports and the logos of foreign agencies. This time it is the “circular economy.”
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Forterra, a Maryland-based startup developing autonomous technology for military vehicles, has raised $238 million in a new funding round, lifting its valuation to over $1 billion, Bloomberg reports. The company’s systems are
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China has accused the United States government of orchestrating a massive cyberattack that allegedly led to the theft of more than $13 billion worth of bitcoin, in a move that could further
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Japan’s SoftBank Group has sold its entire stake in chipmaker Nvidia for $5.83 billion as part of its ongoing strategy to divest and reinvest capital, the company revealed Tuesday. The move comes
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Microsoft Corp. announced plans to invest $10 billion in a new artificial intelligence data center along Portugal’s coast, marking one of its biggest European investments this year. The facility will be developed
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Billionaire Gautam Adani is preparing to launch one of India’s most ambitious clean energy projects — a multi-billion-dollar battery energy storage system in western India — as part of his group’s broader
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The International Monetary Fund has cautioned that countries swapping dollar-denominated loans from China into yuan may face significant currency risks, even as they aim to lower borrowing costs. In a statement responding
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An increasing number of wealthy Chinese are shifting their focus from Singapore to Dubai and Abu Dhabi, according to the Financial Times, as tougher scrutiny and immigration rules in the Asian financial
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