Nine lenders including ING are launching a euro version of the digital currency. EU banks’ fear of stablecoin growth has been ...

The rise of new fortunes is fueling a surge in dedicated capital hubs for the ultra-rich, set to run $5.4 trln by 2030.

President Xi is pledging for the first time to reduce emissions, by up to 10% from peak levels by 2035. It looks soft. But ...

Petershill, controlled by the US bank's asset management arm, is buying out minority investors at a $4.5 bln valuation. The price will please shareholders in the perennially discounted owner of stakes ...

Boss Bob Iger reinstated talk show host Jimmy Kimmel after mishandling a political firestorm. He returned to the Mouse House ...

A 13% jump in the Chinese carmaker's shares on debut extends its premium valuation over private peers including Geely and Great Wall who are also chasing overseas growth. Investors are prizing a ...

Frontrunner Sanae Takaichi has broken with the ruling LDP's tightfisted orthodoxy by calling for government spending to boost growth. Rivals can attack her ambitions but will fail to squash profligate ...

President Milei mended a dire fiscal picture, yet capital keeps fleeing. Friendly US officials are offering support, with Treasury boss Scott Bessent promising a $20 bln swap line. But ideological ...

The issuer of a dollar-pegged digital token could seek $15-$20 bln at a $500 bln valuation, per Bloomberg. Raising capital ...

American authorities have punished Chinese and Southeast Asian companies for dumping solar products. Indian firms including ...

Corporate borrowing costs have dropped to within a whisker of risk-free rates. Bond yields for some firms, like France’s LVMH ...

Beijing’s policy blitz deserves some credit for a 52% one-year jump in market value to over $15 trln. AI hype helped, too.