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
Japan’s Cabinet, led by Prime Minister Sanae Takaichi, approved a record ¥122.3 trillion budget on Friday for the fiscal year beginning April 1, 2026, which includes ¥29.6 trillion in government bonds to
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The United Kingdom is on track to overtake Japan and become the world’s fifth-largest economy by the end of the next decade, according to new long-term forecasts that point to a gradual
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The dominance of the so-called Magnificent Seven US technology companies is likely to be challenged as competition in artificial intelligence intensifies, according to one of London’s largest technology investors, raising questions about
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Tech companies have moved more than $120 billion in data centre spending off their balance sheets using special purpose vehicles (SPVs), according to an analysis by the Financial Times, intensifying concerns about
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America’s six largest banks have collectively added $600 billion in market value in 2025, reflecting a powerful combination of deregulation under the Trump administration and a resurgence in investment banking, according to
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Pakistan’s long-delayed push to privatize its national airline took a decisive step forward on Tuesday after stockbroker Arif Habib Consortium submitted the highest bid of $482 million to acquire a 75% stake
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The International Monetary Fund has urged Pakistan to gradually scale back government spending on foreign remittance incentives, a move that economists warn could undermine formal transfer channels and revive the use of
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The U.S. economy grew at an annualised rate of 4.3 per cent in the third quarter, marking its fastest expansion in two years as robust consumer spending powered activity in the world’s
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Google is set to acquire U.S.-based data center and energy infrastructure developer Intersect Power for $4.75 billion, deepening the tech giant’s push to secure large-scale, clean energy supplies for its rapidly expanding
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Indonesia is ramping up scrutiny of wealthy individuals and major corporations in an effort to plug an unusually large tax revenue shortfall ahead of year-end, raising anxiety among the country’s business elite
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