The United States’ gold reserves, famously stored at Fort Knox, have been an enigma for decades. The last official audit took place in 1974, yet much remains shrouded in secrecy. This lack
BlackRock, the world’s largest asset manager, has canceled meetings with companies engaged in shareholder battles following new guidance from the U.S. Securities and Exchange Commission (SEC), the Financial Times (FT) reports. The
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China’s holdings of US Treasury bonds have fallen to their lowest level since 2009, as Beijing continues to diversify its foreign reserves and shift assets into lower-profile accounts. According to data published
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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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Indonesia’s rapidly shrinking middle class is creating ripples across the economy, as businesses struggle to adjust to shifts in consumer spending habits. Pizza Hut Indonesia, operated by Sarimelati Kencana, has felt the
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The United States’ gold reserves, famously stored at Fort Knox, have been an enigma for decades. The last official audit took place in 1974, yet much remains shrouded in secrecy. This lack
More
In an interview with PTI, Finance Minister Nirmala Sitharaman elaborated on the highlights of the 2024 budget and the thought process behind it. The interview, conducted by PTI’s Editor-in-Chief Vijay Joshi, touched
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Deutsche Bank’s profits have plummeted by 92% in the fourth quarter of 2024, a result that has prompted CEO Christian Sewing to signal potential restructuring moves. As reported by the Financial Times,
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HSBC has announced plans to wind down significant parts of its investment banking operations in the UK, Europe, and the Americas, marking a major shift in the bank’s strategy under new CEO
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The Financial Times reports that the World Economic Forum (WEF) in Davos this year is pivoting toward dealmaking, deregulation, and growth, with a sharp focus on adapting to Donald Trump’s second term
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Editorial SriLankan Airlines’ 45-year saga, spanning its inception under Air Lanka’s livery in 1979, paints a portrait of both resilience and ruin. Born amidst the heady euphoria of JR Jayewardene’s landslide victory,
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