China’s cash-strapped local governments drive record asset-backed securities sales
ABS issues bring in badly needed money but some assets are of uncertain quality...
Dec 28Financial TimeseconomicsImpact
ABS issues bring in badly needed money but some assets are of uncertain quality...
The global crypto market cap pushed another 2% to $3.22T as majors continue to grind up; BTC +1% at $93,780; ETH +2% at $3,240, SOL +3% at $139; XRP led up 12% to $2.37 RENDER (+18%), SUI (+18%) and L...
SoftBank Group Chairman and CEO Masayoshi Son delivers a speech during the annual general shareholders' meeting in Tokyo on June 27, 2025. KAZUHIRO NOGI/AFP via Getty Images SoftBank is acquiring data...
Japan’s economy is likely to fall behind India’s in 2026 to fifth place in the world, according to an International Monetary Fund’s estimate, potentially diminishing the East Asian nation’s presence o...
📋 Key Facts ✓ Jim Beam will pause production at Clermont, Kentucky distillery for one year starting 2026. ✓ Exports of US spirits decli...
Shanghai-based AgiBot topped global humanoid robot shipments in 2025, with nearly a 38 per cent share, as China’s robotics firms dominated the market, leaving in the dust major US players like Elon Mu...
As 2025 draws to a close, Wall Street’s love affair with Chinese equities is in full swing. While the relationship between global investors and China has been a rocky one, market sentiment is now abou...
Coinbase has halted peso-based USDC on- and off-ramps in Argentina less than a year after launch, citing a review of local operations while keeping crypto trading fully active....
Saks Global, the company behind some of the most iconic luxury department stores, is in trouble. Getty Images; Alyssa Powell/BI Saks Global, the company behind some of America's most iconic department...
Hong Kong’s momentum as an initial public offering (IPO) venue is set to hurtle onwards in 2026 after funds raised from share sales more than tripled in 2025, placing the city’s exchange atop the glob...
President Emmanuel Macron says France will vote against the European Union's trade deal with South American bloc Mercosur, after farmers rolled into Paris on tractors in a show of anger against the pa...
Wix purchased its downtown Manhattan office space in December 2019 Wix.com Wix announced an office return for staff in Israel, Poland, and Lithuania, starting February 1. US employees will continue to...
The Trump administration has indicated it intends to exert long-term control over Venezuela by directing the actions of its interim leadership and overseeing the nation’s oil exports after removing Ni...
Trump said the US could reimburse American oil companies for expanding operations in Venezuela. Doug Mills/The New York Times/Getty Images Trump said the US may reimburse oil firms for expanding opera...
Charles Myers, chairman of Signum Global Advisors, told Business Insider that foreign investment in oil, tourism, and construction will be the "centerpiece" of Venezuela's recovery over the co...
A view of the "El Palito" oil refinery in Puerto Cabello, Venezuela. Jesus Vargas/Getty Images The US captured Venezuelan President Nicolás Maduro in a surprise raid on Saturday. In a press co...
Tesla's sales fell in the fourth quarter of 2025 , as rising competition and the expiration of the federal EV tax credit continued to sap the company's global ambitions. The numbers were a lot worse t...
Paramount Skydance CEO David Ellison hasn't given up in his pursuit of Warner Bros. Discovery. Angela Weiss/AFP via Getty Images Warner Bros. Discovery turned down another offer from Paramount Skydanc...
Tel Aviv skyline. Elisa Schu/picture alliance via Getty Images Staff at multinational tech firms in Israel are increasingly seeking to relocate abroad, a new report says. The report found 53% of firms...
Brazil is preparing to waive visa requirements for Chinese citizens travelling for tourism and business, local media reported on Wednesday citing government sources, in a move that would mark a signif...