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
Global investors are rapidly retreating from Indian equities, potentially driving the largest foreign outflows in history this year, according to data compiled by Bloomberg. Net foreign investment in Indian shares has already
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Artificial intelligence and cloud startup Vercel has raised $300 million in a new funding round led by Accel and Singapore’s sovereign wealth fund GIC Pte, boosting its valuation to $9.3 billion, the
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HSBC faces a period of uncertainty as Mark Tucker prepares to step down as chair on Tuesday, ending an eight-year tenure at Europe’s largest lender. The departure leaves the bank without a
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China’s manufacturing sector showed slight improvement in September, but the broader economy faces ongoing challenges, marking a sixth consecutive month of contraction—the longest slump since 2019, Bloomberg reports. The National Bureau of
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The $55 billion take-private of Electronic Arts Inc. has already set records, including being called the largest leveraged buyout (LBO) ever, according to market sources. Central to the deal is JPMorgan Chase
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by Our Economic Affairs Editor Sri Lanka’s economy is set to expand by 3.9% in 2025, maintaining the momentum of recovery driven by remittances, tourism, and a rebound in domestic demand. According
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The Ceylon Chamber of Commerce has submitted an extensive set of recommendations to the Government aimed at enhancing the Draft Public-Private Partnership (PPP) Bill, emphasizing the need for investor-friendly reforms that can
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Australian Retirement Trust (ART), the nation’s second-largest pension fund, is defaulting on a loan used to purchase a U.S. office complex once occupied by Microsoft Corp., underscoring ongoing challenges for global investors
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Tata Capital Ltd. is aiming to raise up to 155 billion rupees ($1.7 billion) in what is poised to be India’s largest initial public offering (IPO) so far this year, according to
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The cryptocurrency market experienced a significant downturn this week, with major tokens losing approximately $300 billion in value. This decline was primarily driven by the unwinding of leveraged positions and a noticeable
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