Japan pulls back on super-long bonds as yields fluctuate
Japan’s Finance Ministry has officially approved a significant reduction in the issuance of super-long government bonds, aiming to stabilize a bond market shaken by recent [more…]
Category: Investing & Markets
Turkish Airlines circles Air Europa stake
Turkish Airlines is considering a bid for a minority stake in Air Europa, joining a competitive field of suitors vying for a share of the [more…]
Edgnex drops $2.3B on A.I. in Indonesia
Dubai-based digital infrastructure firm Edgnex, a subsidiary of the Damac Group, has announced a landmark $2.3 billion investment to build a state-of-the-art data center in [more…]
Energy giant ADNOC eyes Santos in $18.7B deal
Australian oil and gas producer Santos announced today that it has received a non-binding takeover proposal from a consortium led by Abu Dhabi National Oil [more…]
Global forces shake up France’s cognac industry
France’s cognac industry, a cornerstone of the country’s export economy, is under unprecedented pressure from both international trade disputes and the accelerating impacts of climate [more…]
Bitcoin rallies as countries back digital assets
Bitcoin has shattered previous records, reaching an all-time high of $109,400 during U.S. morning trading. This marks a dramatic 16% increase so far in May, [more…]
U.S. and China agree to 90-day tariff truce
The United States and China announced on Monday a significant breakthrough in their ongoing trade dispute, agreeing to temporarily slash the steep tariffs each country [more…]
World Bank trims Asia growth outlook
The World Bank has sharply downgraded its economic growth projections for the Philippines, forecasting that the country’s gross domestic product (GDP) will expand by just [more…]
Corporate moves abroad drive dip in Korea’s FX deposits
Foreign currency deposits in South Korea continued to slip for the second month in a row this March, with companies pulling funds for overseas investments [more…]
Russia hikes alcohol taxes to fund war
In January 2025, Russia implemented a 15% increase in excise taxes on alcohol, a move widely interpreted as a strategy to bolster state revenues amid [more…]
