Sri Lanka is moving to establish a National Trade Negotiation Committee to prepare the groundwork for prospective Free Trade Agreement (FTA) negotiations, with preliminary activities potentially beginning in January, the Ministry of
The artificial intelligence industry has entered a phase of extraordinary financial acceleration, with leading developers and major technology corporations preparing for a surge of public listings and capital-raising operations that could reshape
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Mexican President Claudia Sheinbaum held a closed-door meeting with J.P. Morgan Chief Executive Officer Jamie Dimon at the National Palace on Tuesday, discussing Mexico’s economic outlook and the future of North American
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A behind-the-scenes power struggle at Honda Motor has surfaced after retired senior executives attempted and failed to remove Chief Executive Toshihiro Mibe over mounting concerns about the company’s strategy in China and
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Sovereign bonds may be on the verge of regaining their traditional safe-haven status if geopolitical tensions linked to the Iran conflict escalate further, according to fund managers and analysts cited by Reuters.
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Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, has initiated a significant leadership restructuring across several of its portfolio companies, replacing foreign chief executives with Saudi nationals as part of a
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Credit markets across Asia are emerging as a major magnet for global capital as they continue to outperform US bond markets, according to new analysis from JPMorgan Chase. Despite ongoing geopolitical volatility
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Intel CEO Lip-Bu Tan struck a conciliatory tone toward some of the most powerful names in the global semiconductor industry, describing both TSMC and Nvidia as partners and “friends” despite intensifying competition
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Goldman Sachs chief executive David Solomon has warned that financial markets are currently driven more by “greed than fear,” reflecting an increasingly optimistic Wall Street atmosphere that has pushed US equities to
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Artificial intelligence powerhouse Anthropic has confidentially filed for a U.S. initial public offering, positioning itself ahead of rival OpenAI in a closely watched contest to become the defining public company of the
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Global alternative asset manager Blackstone has successfully raised $13.1 billion for its latest Asia-focused private equity fund, surpassing its original target and marking the largest private equity fundraising effort in the firm’s
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SoftBank Group has overtaken Toyota Motor Corporation to become Japan’s most valuable listed company, marking a symbolic shift in the country’s corporate hierarchy as global demand for artificial intelligence fuels a historic
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Chinese online retailer Temu has been fined €200 million ($232 million) by European Union regulators for failing to adequately prevent the sale of illegal products on its platform, marking one of the
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For decades, Sri Lanka’s economic trajectory has been severely constrained by a persistent structural vulnerability: the twin deficits. The country has simultaneously run a chronic fiscal deficit and a structural trade deficit,
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A senior official of the Reserve Bank of Australia has delivered a stark assessment of how renewed conflict in the Middle East is reshaping the global inflation landscape and feeding directly into
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The geography of global wealth is undergoing a dramatic shift, as Gulf states and fast-growing Asian economies outpace many mature Western markets in billionaire growth rates, reshaping the balance of economic power.
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