Whenever some aspect of Hong Kong’s U.S. dollar peg appears askew, observers suggest that the scheme’s end is nigh — or has ...

Anguished bankers bemoaned former merger cop Lina Khan’s habit of stretching legal precedent. In attaching oddball conditions ...

As missiles fly across the Middle East, the private equity firm has listed the carrier part-owned by Qatar Airways at a $1.5 bln valuation. It's a lower multiple than rival Qantas, but it adds to ...

The custodial bank founded by the Broadway-lionized US Treasury secretary may want to merge with $22 bln rival Northern Trust ...

Donald Trump’s decision to join Israel’s war could end Tehran’s nuclear programme, topple its regime, suck the US into a ...

Global asset prices reacted mildly to US strikes on Iran, despite the scope for escalation. Geopolitical surprises do not ...

Bombing nuclear sites scrambles conventional wisdom about the US president’s tendency to back down from conflict. It also heightens suspicions about negotiating with him. Trade partners facing a ...

Shares in the Swiss cement giant’s $29 bln US unit fell, as those in its rump soared. When Holcim unveiled its spinoff in 2024, the European arm looked like a backwater. Investors’ enthusiasm reveals ...