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
A decade ago, Toyota made headlines by hiring dozens of engineers from Google and other tech giants, signaling a bold pivot from hardware-focused development to software and artificial intelligence. At the 2016
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Tesla’s struggle in the European market deepened last month, as the electric vehicle (EV) pioneer saw a sharp decline in sales despite efforts to refresh its lineup. According to figures released today
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China has cemented its position as the world leader in rare earth minerals, presenting a formidable challenge to Western efforts to diversify supply chains. According to the Financial Times, the head of
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Riyadh’s King Abdullah Financial District (KAFD), long criticized as a gleaming but empty skyline, is finally coming to life as Saudi Arabia pushes ahead with ambitious plans to become a regional financial
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Nvidia, the world’s most valuable company, once again outpaced Wall Street expectations in its latest earnings report, underlining the enduring strength of the artificial intelligence boom. But the tech giant’s reliance on
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Lynas Rare Earths Ltd., the first commercial producer of heavy rare earths outside China, announced plans to raise A$750 million ($488 million) through an equity capital raising, comprising an institutional placement and
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Taiwanese prosecutors have charged three people in the country’s first-ever indictment over the alleged theft of trade secrets tied to Taiwan Semiconductor Manufacturing Co.’s (TSMC) cutting-edge 2-nanometer chip technology, underscoring efforts to
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Sri Lanka will begin using the Commonwealth Meridian software from next month as part of its economic recovery efforts, marking a significant step in strengthening public debt management following the country’s 2022
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Africa is rapidly becoming one of the fastest-growing markets for Chinese goods, as tariffs imposed by Donald Trump’s administration reshape global trade flows for the world’s largest manufacturing hub. Chinese exports to
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Switzerland’s economy ministry has reached out to UBS Group AG as it seeks an improved trade deal with the United States, potentially providing the country’s largest bank an opportunity to strengthen ties
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A mansion in Hong Kong has changed hands for HK$1.09 billion ($140 million), marking the city’s priciest home sale so far this year, according to a transaction filing reported by Bloomberg. The
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African nations are rapidly increasing their adoption of solar technology, with imports of Chinese-made solar panels surging 60% in the 12 months through June, according to data compiled by climate think tank
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The Trump Administration is moving ahead with plans to sharply increase tariffs on Indian imports, signaling further strain in U.S.-India trade ties as Washington seeks to pressure Russia into ending its war
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South Africa’s state-owned airports operator, Airports Co. South Africa SOC Ltd. (Acsa), plans to raise about $569 million (10 billion rand) over the next year to fund its airport infrastructure program, the
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A struggling casino resort in upstate New York is getting a financial lifeline as a local economic development agency plans to raise $561 million through high-yield municipal bonds to purchase the non-gaming
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