Apple should ultimately bear responsibility for losses arising from more than 700 unauthorised credit card transactions in Hong Kong, Election Committee sector legislator Johnny Ng Kit-chong has said, as questions mount over
HSBC Holdings Plc plans to take its Hong Kong-based subsidiary, Hang Seng Bank Ltd., private in a deal valued at approximately $37 billion, signaling a major bet on the city’s financial recovery
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The United Kingdom, long regarded as a global leader in climate action, is now grappling with political resistance that could jeopardize its decades-long progress toward net-zero emissions. The country’s pioneering Climate Change
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Anglo American has defended the depth of its due diligence on its proposed $50 billion merger with Teck Resources, after the Canadian mining group sharply downgraded its copper production guidance, according to
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Zhongji Innolight Co., a leading Chinese manufacturer of optical communication modules and devices, is exploring a potential listing in Hong Kong, Bloomberg reported, citing people familiar with the matter. The move would
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Saudi Arabia is in talks to raise as much as $10 billion through a rare syndicated loan, Bloomberg reported, marking the latest step in the kingdom’s efforts to secure funding for Crown
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Goldman Sachs Group Inc. is pursuing a significant risk transfer tied to about $5 billion of corporate loans, according to a Bloomberg report citing people familiar with the matter. The move marks
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OpenAI and Anthropic are weighing the use of investor capital to settle or safeguard against potential multibillion-dollar legal claims, as insurance companies shy away from offering full coverage for the growing risks
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London-headquartered fintech Revolut has officially launched in India, aiming to disrupt the country’s cross-border payments and foreign exchange market. According to the company, Indians spend around $30 billion overseas each year and
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Elon Musk’s artificial intelligence startup, xAI, is raising more money than initially planned — bringing its total funding round to about $20 billion with a major equity investment from Nvidia Corp., according
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Tesla Inc. has unveiled a more affordable version of its popular Model Y, priced at $39,990, in a move aimed at countering the recent loss of US federal incentives for electric vehicles.
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Prime Minister Keir Starmer has ruled out opening additional visa pathways for Indian professionals under the recently signed UK-India free trade agreement, pushing back against business leaders who say the country risks
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Mexican officials have pledged to resist a new round of U.S. tariffs on heavy trucks announced by President Donald Trump, warning that the duties could severely damage a vital export industry and
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JPMorgan Chase & Co. is once again grappling with the aftershocks of its ill-fated 2021 acquisition of the student-loan startup Frank—this time in the form of a staggering $115 million in legal
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Inflation in the Philippines quickened slightly in September but remained below the central bank’s target range, signaling continued progress in taming price pressures and offering policymakers room to ease interest rates further,
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Pakistan’s central bank governor has said inflation is expected to hold steady in the coming months, though the prospect of further interest-rate cuts will depend on the economic fallout from recent floods
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