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North Korea may end up sending 100,000 troops to Russia for Ukraine war

Kim's decision to send North Korean troops to join Russia's fight against Ukraine has alarmed Kyiv's allies

G20 set to back climate goals, global trade in message to Donald Trump

Leaders of the world's biggest economies will reaffirm a strong commitment to multilateralism, especially in the light of the progress made under the Paris Agreement

SpaceX in talks to sell insider shares to boost valuation to around $255 bn

That would be a premium to the company's previous valuation of about $210 billion. It would also cement SpaceX's status as the most valuable private US company

Trump promised to kill US steel deal to Nippon Steel; what will happen now?

The president-elect remains mum on the deal just as a top Nippon Steel executive readies a trip to Pittsburgh to persuade rank-and-file union members and politicians

China to retaliate if Donald Trump boosts tariff, says ex-PBOC official

Tariffs will affect the exchange rate, it will affect China's capital flow, and also will affect how much China will buy US Treasury bills, said Zhu

Xi's dream of 'powerful currency' likely to be challenged by Trump's return

The yuan risks years of downward pressure during the second Trump presidency, and the threat of another trade war is already fueling bets against the currency

China's Xi warns against 'going back in history' as Trump tariffs loom

Xi called for emerging nations in the so-called Global South to have a greater voice in world affairs, with all countries enjoying equitable rights and opportunities in development

Fed's Susan Collins says December interest rate cut still on the table

The Boston Fed chief noted inflation has come down "significantly," adding she's not seeing new price pressures and that "it's important to stay the course."

SBI seeks $1.25 bn in country's largest dollar-denominated loan of 2024

India's top lender is raising the facility for general corporate purposes through its branch at the Gujarat International Finance Tec-City

BofA strategists say buy China, Europe ahead of Trump's inauguration

The S&P 500 is now up 25% this year, while the Stoxx Europe 600 has only gained about 5%, its biggest underperformance to the US in nearly 30 years

Disney aims for $1 billion profit from its streaming biz in new fiscal year

The profit at Disney's direct-to-consumer division even exceeded the earnings from its film division, which scored $3 billion in global ticket sales this summer from the blockbusters Inside Out 2

Thailand aims to legalise casinos next year in win for global players

The government is working to get a so-called "entertainment complex" bill, which will allow casinos to be housed within large venues

Meta to appeal US court orders allowing suits over social media addiction

In the states' case, US District Judge Yvonne Gonzalez Rogers sided with 34 attorneys general who filed claims over allegedly harmful effects of the Facebook and Instagram platforms

New Zealand may charge visitors to tourist sites; govt seeks feedback

The government is seeking feedback on a range of proposals to modernise how it manages these areas, Conservation Minister Tama Potaka said Friday in Wellington

Hyundai Motor names Jose Munoz as CEO, first foreign leader of automaker

Munoz, 59, joined Hyundai in 2019 as global chief operating officer, with responsibility for the carmaker's north and south American operations

Fed Chair Jerome Powell says no need to hurry rate cuts with strong economy

US central bankers began lowering borrowing costs in September with an aggressive half-percentage-point cut, and then lowered the policy rate again by a quarter point last week

JPMorgan sets up unit in GIFT city to develop derivative products

The US bank will pitch the products to clients in Asia-Pacific and Europe, in addition to providing support for the offerings developed from the Gujarat International Finance Tec-City, or GIFT City

Europe makes final appeal to Biden for Ukraine aid before Trump term begins

Donald Trump, who takes office Jan. 20, has said he'd seek a quick deal between Kyiv and Moscow, raising concerns in Europe that such an accord would be disadvantageous to Ukraine

Lulu Retail Holdings shares fall on debut after $1.72 bn Abu Dhabi IPO

The hypermarket chain operator fell to as much as 1.99 dirhams ($0.54) per share in its Abu Dhabi trading debut, down 2.5 per cent from the offer price of 2.04 dirhams

Thailand set to reap $2 bn Rainbow Tourism boon with same-sex marriage law

The same-sex law that's slated to take effect in January will also create 152,000 full-time equivalent jobs and will help lift the nation's gross domestic product by 0.3 per cent