Whenever some aspect of Hong Kong’s U.S. dollar peg appears askew, observers suggest that the scheme’s end is nigh — or has ...

The 32 members of NATO will congratulate themselves this week on agreeing to increase their defence budgets from the current 2% to 3.5% of their GDP by 2032. They will add some 1.5% of related ...

As missiles fly across the Middle East, the private equity firm has listed the carrier part-owned by Qatar Airways at a $1.5 bln valuation. It's a lower multiple than rival Qantas, but it adds to ...

Anguished bankers bemoaned former merger cop Lina Khan’s habit of stretching legal precedent. In attaching oddball conditions ...

The custodial bank founded by the Broadway-lionized US Treasury secretary may want to merge with $22 bln rival Northern Trust ...

Global asset prices reacted mildly to US strikes on Iran, despite the scope for escalation. Geopolitical surprises do not ...

Donald Trump’s decision to join Israel’s war could end Tehran’s nuclear programme, topple its regime, suck the US into a ...

Bombing nuclear sites scrambles conventional wisdom about the US president’s tendency to back down from conflict. It also heightens suspicions about negotiating with him. Trade partners facing a ...

Shares in the Swiss cement giant’s $29 bln US unit fell, as those in its rump soared. When Holcim unveiled its spinoff in 2024, the European arm looked like a backwater. Investors’ enthusiasm reveals ...

Labubu, the toothy-grinned plush doll, has powered a 500% rally at Hong Kong-listed Pop Mart, now worth $41 bln. Investors ...

The beleaguered Japanese automaker has $4 bln bonds due in 2026, and a return to profitability could take years. Selling the ...

Brussels wants to ease rules to revive the $166 bln market in debt backed by mortgages and other assets. Reckless financial ...