High healthcare costs are encouraging households in China to save rather than spend, according to a new International Monetary Fund (IMF) book that identifies limited social spending and financial insecurity as barriers
Since the start of the year, foreign investors have completed $8 billion in Indian banking deals, up from $2.3 billion last year and $1.4 billion in 2023, Dealogic data cited by the
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The chairman of Lloyd’s of London confronted the then chief executive, John Neal, nearly two years ago over allegations of a workplace affair, raising renewed concerns about the handling of an executive-level
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China-founded TP-Link Systems Inc. is attempting to convince U.S. national security officials that it operates independently from Beijing, but its Vietnam factory highlights the challenges of that claim. The facility, which produces
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Ten of India’s largest trade unions condemned the government’s rollout of new labour codes on Friday, calling the overhaul “a deceptive fraud” against workers. The unions, aligned with parties opposing Prime Minister
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Daily Mail owner DMGT announced on Saturday that it has reached a £500 million ($650 million) agreement to acquire The Telegraph, a transaction that would unite two of Britain’s major right-leaning newspapers
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Bitcoin is on track for its worst monthly performance since the 2022 crypto market collapse, dropping as much as 6.4% on Friday to $81,629, Bloomberg reports. Ethereum and a host of smaller
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Sri Lanka has wrapped up a wide-ranging trade and investment mission in Canada that spanned Toronto, Quebec, Montreal, Saskatchewan, and Vancouver, marking one of the country’s most extensive commercial outreach efforts in
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Niger has marked a transformative leap in its digital future with the provisional handover of more than 1,000 kilometers of fibre-optic cable under the Trans-Sahara Optical Fibre Backbone Project, financed by the
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The African Energy Chamber used the Wider African Energy Summit in Aberdeen to deliver a pointed message: Africa’s oil and gas future demands realism, collaboration, and renewed UK engagement. Speaking at the
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GE Vernova is spotlighting a landmark achievement in regional energy integration as it participates in the B20 South Africa Energy Mix & Just Transition Task Force. The company supported the West African
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Tata Group is facing its most serious internal conflict in years as a feud intensifies between the founding Tata family and key shareholders over whether to list Tata Sons, the conglomerate’s unlisted
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South Africa’s central bank governor, Lesetja Kganyago, warned on Thursday that the recent surge in artificial intelligence stocks could be inflating a bubble, with potential spillover effects for emerging markets. The comments
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India is targeting a dramatic leap in its semiconductor capabilities, with plans to reach parity with major chipmaking nations by 2032, Technology Minister Ashwini Vaishnaw told Bloomberg’s New Economy Forum in Singapore
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A Chinese investment firm has purchased a block of ByteDance Ltd. shares at a valuation of $480 billion, far above recent market levels, highlighting robust investor interest in the Beijing-based tech giant.
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HSBC Holdings Plc is overhauling its trading division as part of Chief Executive Officer Georges Elhedery’s drive to transform the bank into a debt financing powerhouse. According to a memo seen by
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