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
American buyers of British goods have paid $1.36 billion in tariffs in just four months since President Donald Trump’s “liberation day” trade shock — a sixfold increase compared with the same period
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Larry Fink, the CEO of BlackRock, has issued a stark warning about the trajectory of the United States economy, cautioning that ballooning deficits could overwhelm the country unless it achieves at least
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Vietnamese authorities are preparing to shut down around 86 million bank accounts after their owners failed to comply with new biometric authentication rules, according to local media reports. The sweeping measure is
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India’s foreign exchange reserves rose by USD 4.698 billion in the week ending September 12, reaching USD 702.966 billion, the Reserve Bank of India (RBI) said in its latest Weekly Statistical Supplement.
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Iran and China have signed a major agreement to produce 7,000 megawatts of solar panels, aiming to address the country’s ongoing power shortages and frequent blackouts, according to local Iranian media reports.
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Sarah Wynn-Williams, a former Meta executive and author of the controversial exposé Careless People, is reportedly “on the verge of bankruptcy” after speaking out about the social media giant’s dealings with China
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Chinese households are cautiously returning to equities, as dwindling returns from other asset classes leave few attractive alternatives, Bloomberg reported. The CSI 300 Index has jumped more than 25% since hitting April
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Saudi Arabian Mining Company (Ma’aden) is pursuing an ambitious growth strategy to unlock the kingdom’s underexplored mineral wealth, with plans to double gold production by 2030 and build a rare earths supply
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The U.S. technology sector was thrown into turmoil this weekend after President Donald Trump announced a $100,000 application fee for H-1B visas, sending shockwaves across Silicon Valley and beyond. According to Bloomberg,
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Mauritius Prime Minister Navinchandra Ramgoolam has asked Central Bank Governor Rama Krishna Sithanen to step down, according to a report by Le Défi Plus newspaper citing unnamed sources. Ramgoolam, who also holds
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Dubai’s property market, poised to surpass its longest-ever bull run, is showing early signs of strain, according to analysts and data providers. The nearly five-year surge in prices has been driven by
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Nvidia, the world’s most valuable company, is in discussions to invest $500 million in British self-driving car firm Wayve, according to The Times UK. The announcement comes as part of a wider
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JPMorgan Chase & Co. is ramping up its mid-cap banking operations in Austria and central Europe, targeting private and family-owned businesses with dedicated relationship managers. The U.S. banking giant has appointed Philippe
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The World Bank’s corporate lending arm, the International Finance Corporation (IFC), plans to regularly sell slices of its loans to private investors, after successfully packaging $500 million of debt in its first
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Deutsche Bank (NYSE:DB) Chief Executive Officer Christian Sewing is facing a multimillion-pound lawsuit brought by former employees who claim that a flawed internal audit, overseen during his tenure as chief auditor, damaged
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