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
State securities regulators are raising concerns that their ability to prosecute cryptocurrency-related fraud could be sharply curtailed under draft legislation making its way through Congress — just as federal enforcement against digital-asset
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Kuwait Petroleum Corp. (KPC) has enlisted JPMorgan Chase & Co. to advise on a potential leasing deal involving part of its pipeline network, according to people familiar with the matter. The state-run
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OpenAI has become the world’s most valuable startup after completing a secondary share sale that values the company at $500 billion, eclipsing Elon Musk’s SpaceX. The deal, first reported by Bloomberg, highlights
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Australia’s rapidly expanding superannuation sector could exacerbate financial stress during a severe market disruption, the Reserve Bank of Australia (RBA) warned in its latest Financial Stability Review, Bloomberg reports. Superannuation funds, the
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Indonesia’s central bank is facing heightened pressure from the government as finance minister Purbaya Yudhi Sadewa signals he does not support Bank Indonesia’s independence, fueling investor concerns about fiscal dominance and market
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After years of being spurned by major banks, former President Donald Trump’s family wealth has found a new home at Citigroup Inc., with his son Eric Trump establishing a trust at the
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JPMorgan Chase & Co. has raised its price target for Alibaba Group Holding Ltd.’s Hong Kong-listed shares by nearly 45%, setting the highest target among analysts tracked by Bloomberg. The new target
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Meta, the owner of Facebook, Instagram, and WhatsApp, will begin using conversations people have with its chatbots to personalise advertising and content across its apps, signaling a major push to monetise artificial
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Gold prices extended a four-day rally on Wednesday, approaching record highs, as investors weighed the risk of a potential U.S. government shutdown, which could bolster demand for haven assets. The surge has
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Hai Robotics, a global leader in intelligent warehouse automation systems, has announced the appointment of Thomas Gwee as its new Regional Head for Australia and New Zealand (ANZ), as the company accelerates
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