UBS has suspended withdrawals from a €400mn European real estate fund for up to three years, in a dramatic move that underscores growing investor anxiety over global economic instability linked to escalating
NATO secretary-general Mark Rutte is preparing to press Europe’s leading defence manufacturers to significantly increase investment and accelerate weapons production, according to a report by the Financial Times. The initiative comes as
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According to local media in Colombo, the ambitious plan to establish South Asia’s largest commercial and logistics complex within the Port of Colombo has been officially cancelled, marking a significant reversal in
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The latest edition of the Sunday Times Rich List offers an unusually stark snapshot of Britain’s shifting relationship with global wealth. What has long been described in whispers by wealth advisers and
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The Venezuelan government has formally launched a comprehensive process to restructure its external sovereign debt and the obligations of state oil company Petróleos de Venezuela S.A., marking a major financial reset after
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US hedge fund giant Citadel has ordered several of its core quantitative researchers in Hong Kong to either relocate overseas or leave the company, according to a report by the Financial Times,
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The African Union has unveiled plans to launch the Africa Credit Rating Agency (AfCRA) in June, marking a major step toward financial sovereignty for the continent. The announcement was made by African
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Africa’s sovereign wealth funds are rapidly emerging as major financial drivers of the continent’s mining industry, with combined assets surpassing $164 billion and governments increasingly using them to reduce dependence on foreign
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eBay has formally rejected a $56 billion takeover proposal from GameStop, setting the stage for a potentially explosive corporate battle between two of the most recognizable names in American retail and e-commerce.
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Goldman Sachs recorded its highest revenue from Japan in more than 15 years, underscoring a powerful resurgence in the country’s financial markets that has drawn renewed attention from major global banks. The
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The Ceylon Chamber of Commerce is set to lead a high-level corporate delegation to Mumbai on 13 May 2026 for the India–Sri Lanka Business Forum, in collaboration with the Confederation of Indian
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