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
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
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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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