Donald Trump announced on Saturday that he would raise a temporary tariff on all U.S. imports from 10% to 15%, the highest level permitted under law, following a Supreme Court ruling that
Donald Trump announced on Saturday that he would raise a temporary tariff on all U.S. imports from 10% to 15%, the highest level permitted under law, following a Supreme Court ruling that
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Initial public offerings in the Middle East have fallen more than a third in 2025, marking the weakest year for listings since 2020, as lower oil prices and disappointing performances by newly
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China Vanke Co., once the nation’s largest property developer, is confronting a worsening financial crisis, with investors increasingly doubtful the firm can avoid default in the coming months without clearer government support,
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BlackRock Inc., the world’s largest asset manager, is planning a rapid expansion of its investments in Saudi Arabia and the broader Middle East over the coming years, aiming to capitalize on the
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Private markets are on track to generate more than half of the global asset- and wealth-management industry’s revenues by 2030, reflecting intensifying competition among firms to grow in private debt, equity, and
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Hong Kong has solidified its position as a “safe haven” for international capital, with bank deposits exceeding HK$19 trillion (US$2.4 trillion) this year, while goods exports continue to show resilience despite global
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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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A major investigation has uncovered that Saifuzzaman Chowdhury, Bangladesh’s former land minister, and his family secretly acquired nearly 500 properties worldwide over the past three decades, raising serious concerns over corruption and
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Qatar is making bold moves to transform Doha into a regional hub for venture capital (VC), using its vast sovereign wealth fund to attract global financiers. According to a recent Financial Times
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In a significant move to reinvigorate China’s private business landscape, President Xi Jinping met with some of the country’s leading entrepreneurs on Monday in Beijing. The meeting, aimed at stimulating the economy,
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