Nine lenders including ING are launching a euro version of the digital currency. EU banks’ fear of stablecoin growth has been ...
President Xi is pledging for the first time to reduce emissions, by up to 10% from peak levels by 2035. It looks soft. But ...
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.
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 ...
Boss Bob Iger reinstated talk show host Jimmy Kimmel after mishandling a political firestorm. He returned to the Mouse House ...
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 ...
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.
American authorities have punished Chinese and Southeast Asian companies for dumping solar products. Indian firms including ...
Utility Sempra will sell part of its infrastructure unit for $10 bln to KKR, while Blackstone will finance an LNG facility. The result: cash for AI-boosted electricity spending and key assets for the ...
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