Sri Lanka is moving to establish a National Trade Negotiation Committee to prepare the groundwork for prospective Free Trade Agreement (FTA) negotiations, with preliminary activities potentially beginning in January, the Ministry of
He does not wear a white coat and he is not a doctor. Yet for the past twenty years, Marcos has been a familiar presence at Madrid’s Fundación Jiménez Díaz, attending an
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In 1993, James Carville, a senior adviser to US President Bill Clinton, made an unusual wish. If he were reincarnated, he said, he would rather return as the bond market than as
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A debt crisis may not be imminent in the United States, but one of the world’s most prominent economists believes the country is becoming dangerously less prepared for the next major shock.
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Tesla and eight other automakers will recall about 4.3 million vehicles in China over concerns that emergency door-release mechanisms could be difficult to locate or operate, marking the country’s largest automotive recall
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TikTok and ByteDance have agreed to pay $400 million to settle a dispute with the US Justice Department over the protection of children’s data, bringing a major legal confrontation over the short-video
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The Reserve Bank of India likely intervened in the foreign exchange market on Friday to support the rupee, according to three traders cited by Reuters, as elevated oil prices and sustained corporate
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Hyundai Motor’s South Korean union staged its first full strike in a decade on Friday after wage negotiations stalled, escalating a labour dispute centred not only on pay but also on retirement
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Singapore has launched its latest response to Hong Kong’s aggressive efforts to attract hedge fund managers and other financial professionals, proposing tax exemptions on certain investment profits as the two Asian financial
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by Our Correspondent in Colombo Sri Lanka is set to enter a new agreement with the International Monetary Fund (IMF) when its current programme expires in March 2027, according to sources familiar
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Hong Kong’s securities market regulator has defended a HK$1 billion (US$128 million) settlement with PricewaterhouseCoopers Hong Kong over an auditing scandal involving China Evergrande Group, as the developer’s liquidators seek to have
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For years, offshore trusts offered China’s wealthiest individuals a sophisticated way to protect assets, plan succession and, in some cases, reduce their tax exposure. Now, that once-familiar route into the grey zones
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Long-term borrowing costs across major economies climbed to multi-decade highs on Tuesday, as investors reassessed the outlook for inflation, government finances and the enormous financing requirements associated with the artificial intelligence boom.
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India has opened a tax amnesty scheme allowing small taxpayers to declare certain previously undisclosed foreign income and assets, giving eligible individuals until December 31 to come forward under a one-time disclosure
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JPMorgan Chase ended its banking relationship with prediction-market platform Polymarket last year, citing regulatory concerns, in a move that highlights the continuing caution among major financial institutions towards an industry growing rapidly
More Hong Kong is approaching a potentially important stage in the evolution of its role as a global financial hub, with policymakers and market participants calling for a broader range of financial products,
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