Malaysia’s economy grew 5.3 per cent year on year in the third quarter of 2026, supported by stronger manufacturing activity and a surge in exports, although declining mining output and slower services
The Central Bank of Sri Lanka has reportedly placed an order to purchase a specialised machine valued at Rs. 700 crore (approximately seven billion rupees) from German company Giesecke+Devrient (G&D) to detect
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Questions have been raised in Sri Lanka over a reported administrative decision involving the transfer of authority related to foreign debt payments from the Central Bank to the Ministry of Finance, prompting
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Nicolai Tangen, chief executive of Norges Bank Investment Management, which oversees the world’s largest sovereign wealth fund, has drawn attention for invoking Monty Python’s famous song “Always Look on the Bright Side
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The world’s top maritime authority has issued a stark warning over the worsening crisis in the Strait of Hormuz, declaring that no safe passage currently exists for vessels navigating the vital waterway.
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The head of luxury conglomerate LVMH has issued a stark warning that the escalating conflict in the Middle East could spiral into a “global catastrophe,” threatening both economic stability and the recovery
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KPMG is cutting roughly 10 percent of its US audit partners in a significant restructuring aimed at improving productivity and aligning leadership with business demand. The decision, revealed during an internal meeting,
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PwC has been fined a combined HK$1.3bn ($166mn) and banned from taking on new clients in Hong Kong for six months after regulators found serious failures in its audits of Evergrande. The
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BP has suffered a significant shareholder rebellion after investors rejected key proposals to scale back climate reporting requirements and introduce fully virtual annual general meetings, marking an early challenge for its new
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Man Group, the world’s largest publicly listed hedge fund business, has been hit by a massive $6.1 billion withdrawal from a single institutional client, sending its shares sharply lower and raising fresh
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Tesla has reported weaker-than-expected first-quarter earnings, underscoring growing pressure on its core electric vehicle business as global competition intensifies and Elon Musk doubles down on ambitious bets in artificial intelligence and autonomous
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Goldman Sachs has appointed longtime executive Akila Raman as the global head of its private and alternatives capital markets business, according to an internal memo seen on Wednesday. The move underscores the
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Microsoft said on Wednesday it plans to integrate advanced artificial intelligence models, including Anthropic’s Claude Mythos Preview, into its Security Development Lifecycle (SDL), marking a significant expansion of its cybersecurity strategy. The
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Federal Reserve chief nominee Kevin Warsh has called for what he described as “regime change” at the US central bank, proposing a major overhaul of its inflation strategy, policy framework, and public
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The newly appointed Governor of the Bank of Korea, Hyun Song Shin, used his inaugural address in Seoul on April 21, 2026, to deliver a stark assessment of the global and domestic
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JPMorgan Chase has announced a significant expansion of its sweeping $1.5 trillion Security and Resiliency Initiative (SRI), extending the program beyond the United States into Europe in what the bank describes as
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