Indonesian President Prabowo Subianto has sacked finance minister Purbaya Yudhi Sadewa and appointed his deputy, Suahasil Nazara, as his replacement, the president’s office said on Monday, Reuters reported. Suahasil, who has served
HSBC Sri Lanka has agreed to sell its retail banking business to Nations Trust Bank PLC (NTB) in a landmark deal valued at LKR 18 billion. The transaction, announced today, includes HSBC’s
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Tether Holdings SA, issuer of the world’s largest stablecoin, is in discussions with investors to raise as much as $20 billion through a private placement, Bloomberg reported, citing people familiar with the
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Migrant worker outflows from Asia dropped 7% in 2024 to around 6.5 million, marking the first decline since the pandemic year of 2020, according to Nikkei, citing the “Labor Migration in Asia”
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Google has acknowledged that it censored thousands of YouTube content creators following pressure from senior Biden Administration officials during the COVID-19 pandemic. The revelation came in a letter addressed to House Judiciary
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Canadian authorities have executed the largest digital asset seizure in the country’s history, confiscating over CAD 56 million (approximately US$40 million) from the cryptocurrency exchange TradeOgre. The action marks the first time
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Gautam Adani’s fortune has soared by $13 billion in just two trading sessions, following a partial reprieve from India’s markets regulator that reignited investor confidence in his conglomerate. Shares of the Adani
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China is pushing to position itself as a custodian of foreign sovereign gold reserves, a move aimed at strengthening its role in the global bullion market and reducing reliance on Western financial
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New Zealand is poised to appoint a woman to lead its central bank for the first time, a move aimed at restoring credibility after a period of leadership turmoil, according to a
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Sherard Cowper-Coles, HSBC Holdings Plc’s former head of public affairs, is reportedly considering a senior role at the Asian Infrastructure Investment Bank (AIIB) in Beijing, according to people familiar with the matter,
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China’s securities regulator has advised some local brokerages to temporarily pause their real-world asset (RWA) tokenisation activities in Hong Kong, Reuters has learned from two sources familiar with the matter. The guidance
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Nvidia Corp. announced Monday that it plans to invest up to $100 billion in OpenAI, aiming to build new data centers and infrastructure to support the growing demand for artificial intelligence workloads.
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Oracle Corp. will rebuild and secure a U.S.-based version of TikTok’s recommendation algorithm as part of a deal to sell the popular video-sharing app to American investors, a White House official said
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Adani Group plans to reduce its debt burden over the next five years and will refrain from tapping international bond markets until at least 2027, according to Chief Financial Officer Jugeshinder Singh,
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Cryptocurrency markets faced a sharp downturn on Monday after more than $1.5 billion in bullish wagers were liquidated, marking the biggest wave of forced sell-offs since March, according to data cited by
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Pfizer is reportedly closing in on a potential $7.3 billion takeover of Metsera, an emerging developer of anti-obesity treatments, in what would be the US pharmaceutical giant’s first major acquisition in two
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