HONG KONG] The Hong Kong Jockey Club is divesting as much as US$1 billion in funds held with Blackstone and other buyout ...

WASHINGTON] US President Donald Trump unveiled a new round of tariff demand letters on Wednesday (Jul 9), including a 50 per cent rate on Brazil, one of the highest so far announced for the levies ...

US semiconductor startup Groq has spoken to investors about raising between US$300 million and US$500 million at a US$6 ...

NEW DELHI] A proposed plan by India to spur local production of rare-earth magnets has drawn initial interest from a clutch ...

NEW YORK] Bitcoin surged past US$112,000 for the first time, setting a fresh record alongside a broad rally in risk assets ...

CHINESE Foreign Minister Wang Yi finished up a big week of diplomacy in Europe on Sunday (Jul 6), but his marathon trip is ...

Stablecoins are moving into the financial mainstream, as signalled by the growing attention from regulators across the world. Read more at The Business Times.

IT LIKES to think of itself as the developing world’s equivalent of the Group of Seven (G7). Yet, unlike the G7, the Brics bloc – designed for Brazil, Russia, India, China and South Africa, but now ...

SEOUL] Samsung Electronics on Wednesday unveiled thinner, lighter new foldable phones as it aims to fend off Chinese competition in the higher-margin, premium segment that remains untapped by arch ...

LONDON] Organization of the Petroleum Exporting Countries (Opec) has excluded five of the world’s leading news organisations ...

NEW YORK] Nvidia became the first company to touch US$4 trillion in market value on Wednesday, a new milestone in Wall Street ...

SEOUL] A South Korean court early on Thursday approved a fresh arrest warrant for disgraced former President Yoon Suk Yeol and placed him in custody, days after special investigators renewed efforts ...