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
Adani Enterprises Ltd., the flagship firm of Gautam Adani’s sprawling port-to-power conglomerate, is preparing to raise as much as 250 billion rupees ($2.8 billion) through a rights issue, according to people familiar
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China is set to remove a decades-old tax incentive for gold buyers, a policy shift that could increase costs for consumers in one of the world’s largest bullion markets. Starting November 1,
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Air India Ltd., the unprofitable Indian carrier, is seeking at least 100 billion rupees ($1.1 billion) in financial support from its owners Tata Sons Pvt. and Singapore Airlines Ltd., Bloomberg reported, as
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Apple posted stronger-than-expected fourth-quarter results on Thursday night, easing investor concerns about slowing demand in China and reaffirming its dominance in the global smartphone market. The company’s revenue for the quarter reached
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Refined fuel exports from Russia have fallen to levels not seen since the start of the war, as a combination of refinery outages and Western sanctions disrupt the country’s energy trade. According
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Palantir Technologies Inc. has filed a lawsuit against two former senior artificial intelligence engineers, alleging that they misappropriated confidential documents and information to help launch a rival company, Percepta. The lawsuit, filed
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Reliance Industries Ltd., led by Mukesh Ambani, has announced a major partnership with Google to provide its telecom subscribers with 18 months of free access to Google’s AI pro platform, signaling an
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The European Central Bank (ECB) has revealed that it could launch a pilot phase for the long-discussed digital euro in mid-2027, provided EU lawmakers and national governments finalize a legal framework next
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BYD Co., the world’s largest electric-vehicle (EV) maker, reported a sharp decline in third-quarter profit as mounting domestic competition and heightened industry scrutiny weigh on its sales outlook. The Shenzhen-based automaker said
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The largest technology companies are doubling down on an AI-powered future, investing heavily in massive data center complexes filled with high-performance servers. Alphabet Inc., Meta Platforms Inc., and Microsoft Corp. collectively spent
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Masayoshi Son’s bold bets on artificial intelligence have propelled him past Uniqlo billionaire Tadashi Yanai to become Japan’s richest person, Bloomberg reports. Son’s net worth surged 248% this year to $55.1 billion,
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California Public Employees’ Retirement System (Calpers), the largest public pension plan in the United States, plans to vote against Elon Musk’s $1 trillion compensation agreement at Tesla Inc., Bloomberg reports. The pension
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Toyota Motor Corp. has no plans to increase its proposed ¥4.7 trillion ($31 billion) buyout of Toyota Industries Corp., CEO Koji Sato said, despite widespread criticism that the tender offer undervalues the
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Former Sri Lankan Finance Minister Ravi Karunanayake has raised serious concerns about the government’s planned purchase of 1,775 double cab vehicles, claiming the acquisition is being conducted outside the prescribed international tender
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Boeing (BA.N) announced on Wednesday that the first delivery of its long-delayed 777X jet has been pushed to 2027, Reuters reports, and the company recorded a nearly $5 billion charge related to
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