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
US technology shares fell sharply on Friday as disappointing earnings from a major chipmaker heightened investor worries about slowing growth in the artificial intelligence sector. The Nasdaq Composite dropped 1.2% in early-afternoon
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Temasek Holdings Pte, Singapore’s state-owned investment firm, will reorganize its S$434 billion ($338 billion) portfolio from April 1 as part of a major overhaul aimed at sharpening its strategic focus, Bloomberg News
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Didi Global Inc., China’s leading ride-hailing platform, has agreed to pay $740 million to settle a shareholder lawsuit related to its tumultuous 2021 initial public offering (IPO), Bloomberg News reports. The settlement
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Riyadh’s King Abdullah Financial District (KAFD), long criticized as a gleaming but empty skyline, is finally coming to life as Saudi Arabia pushes ahead with ambitious plans to become a regional financial
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Lynas Rare Earths Ltd., the first commercial producer of heavy rare earths outside China, announced plans to raise A$750 million ($488 million) through an equity capital raising, comprising an institutional placement and
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A struggling casino resort in upstate New York is getting a financial lifeline as a local economic development agency plans to raise $561 million through high-yield municipal bonds to purchase the non-gaming
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Advanced economies will struggle to maintain growth and keep inflation under control in the coming decades without a greater influx of foreign workers, central bankers have warned, according to reporting by the
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Apple Inc. is in early talks with Alphabet Inc.’s Google about using its Gemini artificial intelligence models to power a new version of Siri, a move that could mark a major shift
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Chinese equities surged on Friday, with major indexes hitting multi-year highs, driven by a strong rally in technology and AI-related stocks. The Shanghai Composite Index climbed 1.45 percent to 3,825.76 points, breaking
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OnlyFans has paid out a record $701 million in dividends to its owner Leonid Radvinsky, underscoring the profitability of the UK-based subscription platform as it explores a potential multibillion-dollar sale, according to
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JPMorgan Chase is opening the doors to its new $3 billion headquarters in midtown Manhattan, a 60-storey tower that has been described by employees as a monument to chief executive Jamie Dimon’s
More Temasek Holdings Pte is considering one of its most significant restructurings in years, with a proposal to split its operations into three investment vehicles aimed at boosting efficiency and returns, according to
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A growing number of India’s largest conglomerates are quietly pursuing partnerships with Chinese companies in sectors such as electric vehicles, lithium-ion batteries, and clean mobility, according to reporting from Bloomberg. Executives have
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Credit markets in the United States have tightened to levels not seen in more than two decades, with the premium that investment-grade companies pay to borrow above government bonds falling to its
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A sweeping U.S. plan to levy steep port fees on Chinese-built and Chinese-owned ships is reshaping global shipping routes, with many carriers already pulling such vessels from American ports months before the
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