While centre driven and managed high level economic changes, both structural and financial, are necessary, an assumption that the benefits of such changes will flow to the periphery through a trickledown theory
Elon Musk, the world’s richest person, spent the conclusion of Tesla Inc.’s earnings call appealing to investors to approve his forthcoming $1 trillion pay package, Bloomberg reports, while sharply criticizing shareholder advisory
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Chee Hong Tat, Deputy Chairman of the Monetary Authority of Singapore (MAS), said the new initiatives will include government grants to support corporate efforts. Speaking at an event hosted by DBS Group
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“Without data, all that you have is an opinion.” …attributed to W. Edwards Deming ~ World Statistics Day falls on 20 October. This day, as the Secretary-General of the United Nations reminds
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UBS Group AG is intensifying checks on the origins of client funds in its rapidly growing Asian wealth hubs, prompting some customers to provide more detailed disclosures. The move comes as the
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On the outskirts of Manila lies a largely empty stretch of land that became the center of a financial whirlwind when Manuel Villar, the Philippines’ richest man, moved it between companies in
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The Indian rupee posted its biggest gain in nearly four months on Wednesday, rebounding from near-record lows as optimism grew over a potential trade agreement with the United States. The currency rose
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China’s foreign exchange and gold reserves rose in September, supported by global bond rallies and a softer U.S. dollar, signaling resilience in the country’s external position despite a broader slowdown in central
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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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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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Deloitte has agreed to partially refund the Australian government after acknowledging that an official report it produced contained multiple factual and citation errors caused by artificial intelligence, according to a statement from
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China is rapidly expanding its oil reserve capacity as part of a strategic campaign to strengthen its energy security, a push that has gained urgency following Russia’s invasion of Ukraine and continued
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Deputy Minister of Finance Anil Jayantha has pushed back against recent reports suggesting that the President’s expenditure head in Sri Lanka’s 2025 budget has tripled compared to the previous year. He emphasized
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Kuwait Petroleum Corp. (KPC) has enlisted JPMorgan Chase & Co. to advise on a potential leasing deal involving part of its pipeline network, according to people familiar with the matter. The state-run
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South Korea is considering moving forward with a new security agreement with the United States before concluding stalled trade negotiations, the country’s foreign minister told reporters, Bloomberg reports. Foreign Minister Cho Hyun
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