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
France, a founding member of the European Union and for decades one of its wealthiest economies, is sliding steadily down the continent’s prosperity rankings, raising alarms among economists and commentators who warn
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It has rarely been this hectic at the start of a year for Hong Kong’s equity markets. In January alone, companies raised about $5 billion through initial public offerings, the highest total
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Government sources said yesterday that the long-running controversy surrounding the appointment of a new Auditor General, which has triggered a serious administrative crisis, is expected to be resolved tomorrow (03). The assurance
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The Indian rupee strengthened sharply against the US dollar on Monday, February 2, gaining more than 40 paise after a likely intervention by the Reserve Bank of India helped arrest a slide
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Indian government bond yields surged sharply on Monday, February 2, after the Union Budget revealed a significantly higher gross borrowing programme than markets had anticipated. The yield on the benchmark 10-year government
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Aviation leaders gathering in Singapore on Monday warned that persistent supply chain disruptions and rising geopolitical tensions are increasingly threatening the industry’s ability to meet surging demand, even as they reaffirmed commitments
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Indian Finance Minister Nirmala Sitharaman is set to present the Union Budget 2026 on Sunday, February 1, marking her ninth consecutive budget and the 88th Union Budget since India’s Independence. Expectations are
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Bitcoin fell sharply on Saturday, extending a broader downturn in the cryptocurrency market as investors grew increasingly wary of tighter financial conditions in the United States. The world’s largest cryptocurrency by market
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US stock markets fell on Friday after President Donald Trump nominated former Federal Reserve governor Kevin Warsh as the next chairman of the central bank, a move that rattled investors already on
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Japan is facing mounting pressure to reduce its heavy reliance on rare earth imports from China as political tensions between Tokyo and Beijing continue to deepen. The challenge has taken on new
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