Market News
German Chancellor Friedrich Merz took an ambitious gamble when he came to power last year: that his coalition government could counter a rising tide of far-right populism with bold action to revive the country’s economy, including more than a trillion euros in public investment.
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The country’s 26 cantons compete fiercely for companies, wealthy residents and the taxes they bring
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Ultra-wealthy overwhelmingly back Donald Trump’s party over Democrats as money floods into midterms race
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Patrick Drahi’s sale of 50% stake in OXG will deprive joint venture partner Vodafone of potentially substantial future earnings
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Reducing the speed of innovation is going to be hard, both practically and politically, but it is the right decision
Traders are treating Romanian bonds as the European Union’s only junk-rated sovereign debt, with the country’s high yields luring investors despite a protracted political crisis in Bucharest.
Hong Kong pledged to accelerate the development of a technology hub near mainland China, building on previous measures to create momentum for the ambitious multibillion-dollar project.
New Zealand’s parliament passed legislation enabling a free-trade agreement with India, clearing the way for a deal Prime Minister Christopher Luxon has described as “once-in-a-generation.”
Kher Sheng Lee, MD and APAC Co-Head at the Alternative Investment Management Association, says his industry group looks forward to more accommodative measures that will help the industry expand in Hong Kong. (Source: Bloomberg)
South Korea’s PanStar Group plans to expand Arctic container voyages from next year after completing a trial run to Europe in about 20 days, betting that a seasonal service focused on high-value cargo can compete with larger Chinese operators.