China's Yuan Nears Key 7/Dollar Mark, Strongest in 15 Months
China's onshore yuan surges to a 15-month high near 7 per dollar. Driven by exporter conversions and a weak dollar outlook, analysts predict further appreciation in 2025. Read more.
China's onshore yuan surges to a 15-month high near 7 per dollar. Driven by exporter conversions and a weak dollar outlook, analysts predict further appreciation in 2025. Read more.
Treasury Wine Estates shares soared after European billionaire Olivier Goudet acquired a 5% stake. The investment offers a major boost to the Penfolds owner, which is battling weak demand in the US and China. Read the full analysis.
Jim Beam announces a full-year production halt at its Kentucky distillery in 2026, signaling a major shift as the global bourbon market cools after two decades of growth. Explore the rise and fall of America's iconic spirit.
Jim Beam bourbon pauses production at its Clermont distillery in 2026 due to oversupply. Discover the global sales slump, impact of tariffs, and how Indian brands are changing the game.
Explore the contrasting financial empires of Vince and Shane McMahon. One built a wrestling monopoly, the other chose diversification. Discover their unique legacies.
Vince and Linda McMahon's combined net worth hits $3.2 billion in 2025. Explore their journey from WWE's rise to TKO Group wealth, business moves, and current status.
Adani Airport Holdings announces three new terminals for Navi Mumbai International Airport, aiming for 90 million annual passengers. First phase opens March 2025.
A Morgan Stanley report reveals Indian households hold a staggering 35,000 tonnes of gold, worth $5 trillion. This massive informal savings pool surpasses even the Titanic's capacity. Discover the scale and impact.
Foreign investors have sold a record $18.3B in Indian stocks in 2025, pushing the rupee to an all-time low of 91. Explore the top 10 FIIs and their biggest holdings. Read the full analysis.
The 2025 Guangzhou Design Week has commenced, showcasing cutting-edge architectural tech. Phomi Holdings leads with its 'Phomi Wall' and AI-driven design systems, blending aesthetics with functionality. Explore the future of design.
Prada finalises $1.51 billion acquisition of Versace. Lorenzo Bertelli becomes executive chairman, marking a major shift in luxury fashion. Details inside.
Dessert Holdings partners with Synoptek to drive digital transformation, aiming to enhance operational efficiency and fuel business growth. Discover the strategic move.
Italian luxury giant Prada finalises its long-awaited acquisition of Versace for €1.3 billion. The deal follows the collapse of Capri's sale to Tapestry and signals a new era for both iconic fashion houses.
Major corporations including Alibaba and Tencent donate millions for Hong Kong fire relief after President Xi Jinping's appeal. Over 55 lives lost in deadliest blaze since 1948.
Noah Holdings announces impressive Q3 2025 results with 20.5% overseas AUA growth and complete AI integration. Global expansion strategy delivers strong momentum for wealth management.
Singapore's DBS revises Malaysia banking entry strategy, lowering stake purchase in Alliance Bank from 49% to 30% after central bank resistance. Read the full analysis.
Singapore police raid SRS Auto Holdings in widening probe against Prince Holding's Chen Zhi. US-sanctioned scam network faces global crackdown. Read latest developments.
Japan's Kirin Holdings is leading stakeholder discussions to restructure B9 Beverages, including management changes and business strategy overhaul as Bira91 faces funding crunch.
Japan's Kirin Holdings plans to exit B9 Beverages, maker of Bira 91, amid mounting losses and operational challenges. Discover the full story behind this strategic shift.
Global gold reserves hit record highs in 2025. US dominates with 8,133 tonnes while India strengthens position with 876 tonnes. Discover the shifting landscape of central bank gold holdings.
Lugano Holdings Inc., operator of luxury jewelry boutiques, files for Chapter 11 bankruptcy with over $500 million liabilities after former CEO fraud scandal. Stores remain open during sale process.
Office of His Highness Sheikh Hamdan bin Ahmed Al Maktoum Holdings announces GTBS Digital Ecosystem launch on December 25, revolutionizing digital commerce and trade globally.
Tenneco Clean Air IPO concludes today with 2.93x subscription. GMP at ₹78. Pure OFS offering. Get latest updates on bidding status and price band.
Foreign investors reduce Indian equity holdings to 15-year low after massive sell-off. Domestic mutual funds hit record ownership while FPIs exit ₹2 lakh crore. Analysis of market trends.
Indian-Canadian billionaire Prem Watsa confirms son Ben will lead Fairfax Financial Holdings. Discover the succession strategy and Fairfax's $7 billion India investments. Read more!
Bill Holdings Inc. is exploring strategic options including a potential sale after pressure from Starboard Value LP. Shares surged 12% on the news. Read more about the payments firm's future.
Sonder Holdings files for Chapter 7 bankruptcy, terminating its Marriott deal and leaving guests stranded worldwide. A travel nightmare unfolds for customers.
Discover how Anax Holdings, led by visionary entrepreneur Satish Sanpal, is transforming Dubai's luxury landscape with innovative ventures in real estate, hospitality, and automotive sectors, now earning prestigious Forbes acknowledgment.
SoftBank shares plummet over 14% as market cap evaporates by nearly $50 billion in two trading sessions. The dramatic fall follows disappointing earnings and growing investor concerns about the tech giant's portfolio companies.
Explore the controversial role of India's massive gold reserves as the RBI's safety net. Is the glittering metal truly protecting the economy or creating dangerous illusions?