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,
Beta Technologies Inc., the Vermont-based developer of electric aircraft, is seeking to raise up to $825 million in an initial public offering, proceeding with the plan despite the ongoing US government shutdown,
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Stablecoin issuer Paxos mistakenly minted $300 trillion of PayPal’s PYUSD stablecoin on Wednesday before swiftly burning the excess, Bloomberg reported. The error occurred at 3:12 PM EST during an internal transfer and
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The Indian rupee posted its biggest gain in nearly four months on Wednesday, rebounding from near-record lows as optimism grew over a potential trade agreement with the United States. The currency rose
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LG Electronics India Ltd. is poised for a strong debut on Mumbai’s stock exchange on Tuesday, following what Bloomberg described as the country’s most oversubscribed billion-dollar initial public offering in nearly two
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The altcoin market imploded last week in spectacular fashion, wiping out hundreds of billions of dollars in paper wealth and raising doubts about whether retail speculators will ever return to the digital
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Article Updated with Response from Hancock Prospecting Regarding Mrs. Gina Rinehart A quiet revolution is unfolding among the world’s wealthiest families. While Wall Street braces for a $105 trillion generational handover from
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The London silver market has erupted into chaos after a dramatic short squeeze sent prices soaring above $50 an ounce — only the second time in history that the precious metal has
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India is attempting a financial transformation by turning millions of low-income earners into stock market investors. Families long reliant on cash and gold are being encouraged to invest through mutual fund plans
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Apple Inc. is expanding the responsibilities of several top executives in response to the upcoming retirement of longtime Chief Operating Officer Jeff Williams, according to people familiar with the matter. Services chief
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The collapse of First Brands Group, an Ohio-based auto parts manufacturer, has highlighted major shortcomings in US accounting standards and the persistent risks of off-balance-sheet financing, revealing billions in hidden liabilities that
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China’s foreign exchange and gold reserves rose in September, supported by global bond rallies and a softer U.S. dollar, signaling resilience in the country’s external position despite a broader slowdown in central
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Goldman Sachs Group Inc. is pursuing a significant risk transfer tied to about $5 billion of corporate loans, according to a Bloomberg report citing people familiar with the matter. The move marks
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JPMorgan Chase & Co. is once again grappling with the aftershocks of its ill-fated 2021 acquisition of the student-loan startup Frank—this time in the form of a staggering $115 million in legal
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Indian authorities have launched a fresh investigation into Adani Defence Systems and Technologies Ltd., a subsidiary of billionaire Gautam Adani’s vast business empire, over allegations of evading import taxes worth ₹770 million
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Inflation in the Philippines quickened slightly in September but remained below the central bank’s target range, signaling continued progress in taming price pressures and offering policymakers room to ease interest rates further,
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