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
Nearly one-third of solicitors’ firms in England and Wales have breached anti-money laundering (AML) rules in the past year, according to new figures from the Solicitors Regulation Authority (SRA). As reported by
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The Reserve Bank of India (RBI) is set to meet select primary dealers and banks on Tuesday to discuss current market conditions, three traders told Reuters. The move comes amid concerns that
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The sprawling business empire of Chen Zhi, the China-born chairman of Cambodia’s Prince Holding Group, is rapidly unraveling as U.S. and UK authorities crack down on alleged transnational criminal operations. Bloomberg reports
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Hong Kong is set to ease rules governing crypto trading to encourage greater activity in the city’s digital asset market, Bloomberg reports. Julia Leung, Chief Executive Officer of the Hong Kong Securities
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When excavators tore down the East Wing of the White House in late October, the move shocked both the public and professional builders. Within days, the 123-year-old structure was gone—making way for
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by Our Correspondent in Colombo Sri Lanka’s government debt climbed sharply in the first half of 2025, raising concerns over fiscal stability and economic sustainability. According to the Weekly Economic Indicators Report
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Canada is spearheading a major push to strengthen its position in the global critical minerals market, announcing C$1.4 billion ($1 billion) in new investments and partnerships aimed at securing key materials for
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China’s manufacturing sector experienced its longest decline in more than nine years in October, as factory activity continued to falter under domestic and global pressures, Bloomberg reported Friday. The official manufacturing purchasing
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Air India Ltd., the unprofitable Indian carrier, is seeking at least 100 billion rupees ($1.1 billion) in financial support from its owners Tata Sons Pvt. and Singapore Airlines Ltd., Bloomberg reported, as
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Apple posted stronger-than-expected fourth-quarter results on Thursday night, easing investor concerns about slowing demand in China and reaffirming its dominance in the global smartphone market. The company’s revenue for the quarter reached
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