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
China’s economy expanded by 4.3 per cent in the second quarter of 2026, its slowest annual growth rate since late 2022, according to official data released on July 15, falling short of
More
India has attracted approximately $10 billion in inflows through the Reserve Bank of India’s (RBI) special foreign-currency deposit programme for overseas Indians, according to two people familiar with the matter, providing early
More
Sri Lanka recorded a budget surplus of Rs. 197.3 billion during the first five months of 2026, marking a significant turnaround from the deficit recorded during the same period a year earlier,
More
Sri Lanka has introduced new restrictions banning the importation of goods mined, produced, or manufactured using forced labour, following a decision by the United States to impose a 12.5 per cent import
More
Goldman Sachs has introduced new restrictions on employee participation in prediction markets, limiting betting activity to sports and entertainment categories as the Wall Street bank seeks to address compliance risks associated with
More
China now has seven of the world’s 10 largest banks by tier-one capital, with the country’s four biggest state-run lenders taking the top positions in a new global ranking that reflects Beijing’s
More
The death of Chinese economist Gao Shanwen, who drew international attention after questioning the accuracy of official economic growth figures, has triggered widespread mourning online from commenters who described him as a
More
Australia’s corporate regulator has launched a review of audit conduct complaints involving the country’s Big Four accounting firms as it continues an ongoing investigation into allegations of auditor misconduct at KPMG. The
More
Global foreign direct investment returned to growth in 2025 after two years of decline, reaching $1.6 trillion, but the recovery has been marked by sharp disparities between countries, sectors and projects, according
More
Developing Asia retained its position as the world’s largest developing-region destination for foreign direct investment in 2025, attracting $644 billion in capital as investment patterns within the region continued to shift. While
More