HSBC has taken a drastic approach to cost-cutting under its new chief executive, Georges Elhedery, by terminating investment bankers on the day they were scheduled to receive their bonus figures—without awarding them
SoftBank’s Son Dismisses AI Critics as He Predicts Technology Will Drive One-Fifth of Global Economy
SoftBank founder Masayoshi Son has sharply criticised opponents of artificial intelligence, arguing that resistance to the technology is equivalent to rejecting technological progress, as he projected AI would account for 20% of
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A highly unusual sexual harassment lawsuit involving JPMorgan Chase has gripped Wall Street and spilled into mainstream culture, after claims surfaced that a male former investment banker was subjected to coercive and
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A fierce family conflict at the heart of one of Malaysia’s most powerful corporate dynasties has escalated into a full-scale boardroom and courtroom battle, paralysing decision-making at Cahya Mata Sarawak and casting
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Asian shares retreated from record highs on Friday as investor concern over shrinking profit margins in the technology sector sent tremors through global markets. The selloff was triggered by disappointing results from
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Asian markets rallied sharply on Monday, driven by a decisive election victory for Japanese Prime Minister Sanae Takaichi that raised expectations of aggressive reflationary policies, alongside relief over a last-minute rebound in
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A U.S. jury has ordered Uber to pay $8.5 million in damages after finding the company liable for the sexual assault of a teenage passenger by one of its drivers, a verdict
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India is poised to slash import duties on European cars from as high as 110% to 40%, in a landmark move that signals the country’s most significant opening of its protected auto
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Elon Musk’s SpaceX is reportedly lining up major Wall Street investment banks to steer a potential initial public offering, as the private space company inches closer to what could become one of
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Long before stock markets and mutual funds, the wealthy of ancient Greece and Rome were already practicing sophisticated investment strategies that would look familiar to modern financiers. A new feature in Live
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Goldman Sachs shattered Wall Street records in the final quarter of 2025, reporting $4.3 billion in equities trading revenue—a 25 percent increase year-on-year and the highest ever recorded by a bank. The
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