- July 5th, 2025
UBS Group AG, the Swiss multinational investment bank, has made a significant move to enhance its presence in Japan's lucrative market for high-yield structured investments and tailored derivative products. In a strategic hiring spree, UBS's Tokyo brokerage arm has recruited...
Oil prices surged to their highest levels in nearly three months on Monday, driven by a more positive sentiment in broader financial markets and tight supplies from key producing regions. Brent crude hovered below $77 a barrel after reaching a...
Shares in Nippon Steel Corp., Japan's largest steelmaker, fell over 1% on Monday following U.S. President Joe Biden's decision to block its proposed $14.9 billion acquisition of U.S. Steel. Citing national security concerns, Biden’s move, which came after a year-long...
Dai-ichi Life Insurance Co. has reported a significant financial setback, incurring a loss of approximately ¥140 billion ($890 million) after selling off a substantial portion of its long-maturity bond holdings. This strategic decision was made to better position the company...
China’s services sector experienced its most robust expansion in seven months during December, driven by a notable surge in domestic demand. However, a concurrent decline in international orders has highlighted the growing external trade risks facing the world’s second-largest economy....
China's Geely Holding Group announced on Sunday its target to sell more than 5 million vehicles annually by 2027. This represents a significant leap from the 2.79 million units sold in 2023, signaling a potential growth of approximately 79% over...
Asian markets experienced a tumultuous start to the week, with a key gauge of regional currencies plummeting to its lowest level in nearly two decades against the U.S. dollar. The equity markets saw mixed performances amid thin holiday trading, as...
Singapore-headquartered Digital Edge raises substantial funds to meet rising cloud and AI demands Digital Edge, a leading data center company based in Singapore, announced on Monday that it has successfully raised over $1.6 billion through a combination of equity and...
Hundreds of volunteers gathered on Bali’s beaches on Saturday in an extraordinary effort to combat an escalating plastic pollution crisis. As monsoon rains lashed the region, they brought with them waves of marine debris, covering the island’s tourist-favored coastlines in...
The ousting of former President Bashar al-Assad, Syrian Foreign Minister Asaad Hassan al-Shibani arrived in Qatar on Sunday. The visit marks his second foreign trip in less than a month as Syria's new government seeks to strengthen regional ties and...
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