Uncle Sam is going all-in on stablecoins. President Donald Trump backed the privately issued cryptocurrencies whose value is pegged to the U.S. dollar within days of his inauguration in January. Now ...

A nasty battle for control of Sinovac has left its stock untradeable on Nasdaq for six years. As rival camps clashed, the ...

The developer will default if it can’t secure an $11 bln bank refinancing. Hong Kong could endure the resulting pain, similar ...

Central bank Governor Pan Gongsheng’s vision of a multipolar monetary system supplanting the dollar has fresh relevance given ...

Brussels and Beijing are haggling over a way for Chinese groups to avoid European electric vehicle tariffs by selling cars at a minimum price. Given the technology is fast moving, such a system would ...

The number of take-privates in Britain is running at its highest annual level since 2011. Two recent offers, for Spectris and Alphawave, came with 85% and 96% respective premiums. Buyers are ...

Elon Musk’s xAI, burning $1 bln a month, is seeking new funds. It anticipates breaking even two years sooner and at far less ...

Investors are concerned artificial intelligence will make ad agencies obsolete. But disruption won’t be felt equally. Firms ...

Gaming giant Tencent and others have propelled deals in the sector to $41 bln this year - close to 2024’s total. But ...

State companies are making record payouts worth $17 bln but New Delhi wants the amount and frequency increased. Raiding firms ...

China has not only benefited from importing cheap Iranian crude. Its Belt and Road investments in the country have inched up ...

Recent listings from Circle, Chime and CoreWeave led to big share-price gains, offering hope for a long-stalled market. Yet ...