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
A sweeping U.S. plan to levy steep port fees on Chinese-built and Chinese-owned ships is reshaping global shipping routes, with many carriers already pulling such vessels from American ports months before the
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The Trump administration is in talks with Intel Corp. about a potential U.S. government stake in the struggling chipmaker, according to people familiar with the matter, in what would mark another high-profile
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The Ceylon Chamber of Commerce welcomed the Ambassador of the United States to Sri Lanka, Julie Chung, for a courtesy meeting with its leadership to discuss opportunities for trade, investment, and economic
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Chinese artificial intelligence start-up DeepSeek has postponed the launch of its new AI model due to technical difficulties with Huawei’s chips, highlighting the ongoing reliance of Chinese firms on US technology, the
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Billionaire families across Asia are deepening their involvement in the gold market, moving beyond traditional holdings like index trackers and vault storage to directly financing, shipping, and trading physical gold. This resurgence
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President Donald Trump has extended a pause on tariffs targeting Chinese goods for another 90 days, delaying a planned tariff increase until November 10 and easing tensions between the world’s two largest
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The world’s diesel market is running out of time to replenish dangerously low fuel stockpiles before hurricane season and refinery maintenance kick in — a development that could ripple through inflation, trade,
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Shares of Warren Buffett’s Berkshire Hathaway have underperformed the broader market by one of the widest margins in decades, triggering unease among investors as the 94-year-old billionaire prepares to step down as
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China’s ambitious campaign to consolidate its fragmented semiconductor industry into a few powerful state-backed players is faltering, as internal disagreements and market realities challenge Beijing’s top-down push to rival U.S. and European
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India’s capital markets regulator, the Securities and Exchange Board of India (Sebi), has indicated that further structural reforms to the country’s vast derivatives market may be on the horizon, following recent moves
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