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
India’s Adani Group said Friday it will invest about 630 billion rupees ($7.17 billion) in two major energy projects in the northeastern state of Assam, including what is set to become the
More
The event marked the departure of the first ore shipment from the world’s largest known untapped deposit of high-grade iron ore, a major victory for the Simandou consortium. The Chinese delegation, led
More
Public data from the People’s Bank of China shows only small monthly increases to its reserves this year, but analysts say the real numbers are far larger. Société Générale told the Financial
More
China’s economy showed its softest factory output and retail sales growth in more than a year in October, according to data reported by Reuters, adding urgency to Beijing’s struggle to counter mounting
More
Wu Qing, the chairman of China Securities Regulatory Commission (CSRC), has sought approval to step down from his role, sources familiar with the matter told Reuters, in an abrupt move that could
More
Chaos Industries, a Los Angeles-based manufacturer of counter-drone radar systems, has raised $510 million in a Series D funding round, CEO John Tenet told Reuters, marking another milestone in the surging interest
More
Japan Exchange Group Inc. (JPX) is considering new measures to curb the rapid rise of listed companies hoarding digital assets, as growing investor losses spark concern over the country’s crypto-driven stock frenzy.
More
In one of the most cutthroat corners of global finance, Australia’s block trading market has become a high-stakes battleground where bankers are taking ever-bigger gambles to outmaneuver rivals for lucrative deals. Once
More
Asia’s private wealth is expected to soar to an astonishing $99 trillion by 2029, yet a significant number of the region’s wealthiest families are dangerously unprepared for the generational transfer of their
More
Billionaire Gautam Adani is preparing to launch one of India’s most ambitious clean energy projects — a multi-billion-dollar battery energy storage system in western India — as part of his group’s broader
More