Sri Lanka’s trade deficit widened by 69% in the first seven months of 2026, exceeding US$6.5 billion, as a sharp rise in import expenditure far outpaced the modest growth in export earnings,
SpaceX is moving forward with an insider share sale that values Elon Musk’s rocket and satellite company at about $800 billion, laying the groundwork for what could become the largest initial public
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Intel Corp. is in advanced discussions to acquire artificial intelligence chip startup SambaNova Systems Inc. for about $1.6 billion including debt, a move that could significantly strengthen Intel’s position in the fast-growing
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The U.S. trade deficit narrowed sharply in September to its lowest level in more than five years, fueled by a jump in exports and only modest growth in imports, according to data
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China Vanke Co., long considered the last major developer capable of surviving the country’s prolonged property slump, has been thrust into a deepening crisis after its state-owned backer abruptly capped future financing
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Air India allowed an Airbus A320 to operate eight commercial flights without a mandatory airworthiness certificate, an internal investigation has found — a violation that the carrier acknowledged resulted from deep-rooted lapses
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China’s consumer inflation edged up in November, offering a modest sign that the country’s long-running deflationary squeeze may be slowly easing even as deep structural pressures persist. According to figures released Wednesday
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HashKey Holdings Ltd., the operator of Hong Kong’s largest licensed cryptocurrency exchange, plans to raise up to HK$1.67 billion ($215 million) through an IPO, according to a filing with the Hong Kong
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Japan’s SoftBank Group and U.S. chip giant Nvidia are in advanced talks to pour more than $1 billion into Skild AI, a fast-rising developer of foundation models for robots, according to sources
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Paramount Skydance detonated Hollywood’s biggest plot twist of the year on Monday, unleashing a hostile $108.4 billion bid for Warner Bros Discovery that instantly upended Netflix’s hard-won lead in the weeks-long bidding
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China’s trade surplus has exceeded $1tn for the first time, marking a watershed moment for the global economy as Beijing’s manufacturing engine powers ahead despite intensifying geopolitical tensions and slowing demand in
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Binance Holdings Ltd. has secured three separate licenses from Abu Dhabi’s financial regulator, marking one of the company’s most significant regulatory wins to date. The approvals, granted during Abu Dhabi Finance Week,
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Japan’s economy shrank more than initially estimated in the third quarter, reinforcing Prime Minister Sanae Takaichi’s push for a sweeping stimulus package aimed at easing the strain of inflation and reviving growth.
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India’s battle to contain a rapidly weakening rupee has entered a new, more aggressive phase as the Reserve Bank of India deploys highly unpredictable intervention tactics that are reshaping currency trading and
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India’s foreign exchange reserves fell for a second consecutive week, declining by $1.8 billion to $686.2 billion for the week ending 28 November 2025, according to the latest data released by the
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Asian companies and governments are rapidly expanding their reliance on euro-denominated financing, signaling a significant shift in global funding patterns and raising questions about the durability of US dollar supremacy. According to
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