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
Inflation in the Philippines quickened slightly in September but remained below the central bank’s target range, signaling continued progress in taming price pressures and offering policymakers room to ease interest rates further,
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China is rapidly expanding its oil reserve capacity as part of a strategic campaign to strengthen its energy security, a push that has gained urgency following Russia’s invasion of Ukraine and continued
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Japan’s Government Pension Investment Fund (GPIF), the world’s largest with $1.8 trillion in assets, is considering a move into impact investing, a strategy that targets both financial returns and measurable social or
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The Japanese yen fell sharply after pro-stimulus lawmaker Sanae Takaichi won the ruling Liberal Democratic Party leadership contest, positioning her to become Japan’s first female prime minister. Investors welcomed her victory as
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Inside JPMorgan Chase & Co.’s investment banking division, executives are sounding a note of caution on the rising optimism surrounding nuclear energy in the United States. “We’ve spent so much time on
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In a potential pivot for India’s cryptocurrency stance, Finance Minister Nirmala Sitharaman on Friday stated that countries must “prepare to engage” with stablecoins, whether they are ready or not. Her remarks, made
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Amazon (AMZN.O) is set to lose one of its senior-most executives in the devices and services division, just days after unveiling a slate of new hardware. Rob Williams, vice president of device
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Deputy Minister of Finance Anil Jayantha has pushed back against recent reports suggesting that the President’s expenditure head in Sri Lanka’s 2025 budget has tripled compared to the previous year. He emphasized
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by Our Economic Affairs Editor The Bank for International Settlements (BIS), a name that to the uninitiated might sound benign, bureaucratic, and perhaps faintly dull, has long been cloaked in a veil
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India’s markets regulator is exploring plans to bring family offices under its supervision, reflecting the growing influence of billionaire families on the nation’s stock exchanges. The discussions, reported by Bloomberg, aim to
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