Sri Lanka is moving to establish a National Trade Negotiation Committee to prepare the groundwork for prospective Free Trade Agreement (FTA) negotiations, with preliminary activities potentially beginning in January, the Ministry of
Saudi Arabia is preparing to redirect its $925 billion sovereign wealth fund away from the large-scale real estate megaprojects that have dominated its development agenda for the past decade, Reuters reports. According
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ChatGPT said: The Trump family has turned cryptocurrency into a gold mine. According to a Reuters investigation, the family of U.S. President Donald J. Trump earned more than $800 million in the
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JPMorgan Chase has appointed long-time executive Jay Horine to lead its ambitious $1.5 trillion investment fund aimed at bolstering U.S. national security industries, according to an internal memo seen by Reuters. The
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India’s initial public offering market is experiencing an unprecedented surge, driven largely by domestic investors, according to data compiled by Bloomberg. LG Electronics India Ltd.’s $1.3 billion IPO on October 7 sold
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PricewaterhouseCoopers (PwC) has cut the size of its global workforce for the first time since 2010 and scrapped a five-year hiring target, after investing more than $1 billion last year to accelerate
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India is intensifying financial sector reforms to stabilize foreign investment and bolster capital buffers amid nearly $17 billion in outflows so far this year, Reuters reports. The measures aim to ease access
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China’s industrial profits rose for a second straight month in September, giving officials a measure of optimism that the world’s second-largest economy may be stabilizing despite weak domestic demand and trade uncertainties.
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The Asia-Pacific region remains the world’s fastest-growing economic area, but rising tariffs and protectionist policies could dampen export demand and weigh on activity, the International Monetary Fund said in a report released
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The Trump administration’s July 2025 decision to have the Office of the U.S. Trade Representative (USTR) investigate Brazil’s “attacks on American social media companies as well as other unfair trading practices,” followed
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The Russian Embassy in Colombo issued a strongly worded press release on October 20 warning that any attempt by the European Union to redirect frozen Russian sovereign assets held in Europe would
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Singapore-based Sea Ltd., Southeast Asia’s e-commerce and gaming powerhouse, could achieve a trillion-dollar market capitalization, founder Forrest Li told employees in a memo Monday, according to Bloomberg News. The projection represents roughly
More For weeks, Vipin Raina, head of trading at MMTC-Pamp India Pvt., had been preparing for a silver-buying wave. But when it hit, it overwhelmed even him. As millions of Indians rushed to
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Deloitte has agreed to pay $34 million to investors who blamed the auditor for losses linked to the collapse of the South Carolina utility Scana’s nuclear reactor project, marking a rare securities
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Institutional Shareholder Services (ISS), a leading proxy advisory firm, has recommended that Tesla shareholders vote against Elon Musk’s proposed $1 trillion pay package, citing concerns over its “striking magnitude” and the absence
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Standard & Poor’s (S&P) on Friday downgraded France’s sovereign credit rating from AA- to A+, citing expectations that public debt will rise faster than previously projected. The move, the third downgrade by
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