British employers maintained consistent pay settlement awards at 3.5% for a second consecutive month, as revealed by a recent survey, even with a rise in the national minimum wage over the three months leading up to April.
ReadRenewed tensions in the Middle East sparked a sharp downturn in UAE stock markets at the start of this week's trading sessions on Monday.
On June 14, the Swiss will make a crucial decision regarding a right-wing proposal to limit their population to exactly 10 million. Proponents argue that unchecked population expansion is putting immense pressure on the country's housing an
Beijing's financial watchdog cautioned investors in China's vast $13 trillion fund market to be prudent in backing homegrown innovations.
Concerns about job security and industry dominance are being voiced by workers, unions, and politicians as the Paramount-Skydance deal unfolds. A potential lawsuit is looming in California and New York, where antitrust and labor issues are
Asian equities began the week with a downturn on Monday, mirroring a broader decline in regional markets, while oil prices surged amidst escalating tensions in the Middle East.
Intesa's proposed acquisition of Monte dei Paschi would create a banking giant with a €126 billion market value, second only to Santander in the eurozone. The merged entity would be formed through a surprise $35 billion offer from Intesa.
The Indian rupee has plummeted to historic lows in 2023 due to significant strain on the country's balance of payments, necessitating swift measures from regulatory bodies to curb excessive dollar withdrawals.
Semiconductor stocks, once soaring to great heights, now face a severe downturn in Asian markets, which continued their decline from last week. South Korea's benchmark KOSPI index plummeted by over 4.5% as the sector struggled.
Concentration risks, reminiscent of "Magnificent 7" scenarios, are emerging across Asian markets.
Intesa Sanpaolo, Italy's largest bank, announced on Monday that its board has given the green light for a 3.01% investment in Generali as part of its €30.6 billion ($35 billion) bid to acquire MPS.
Following a crackdown on online trading platforms, a significant influx of mainland Chinese investors has been observed flocking to Hong Kong-based brokerage firms. Specifically, Futu, Tiger, and Longbridge have announced plans to suspend s
The Chinese government has clarified that its efforts to curb illicit overseas investments will not result in the forced closure or liquidation of mainland investors' foreign-held assets, valued at a staggering $54 billion.
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