Alibaba's stock soared 52% in September as strategic AI investments and a Nvidia partnership boost market confidence and position it as a key tech player in China.
Anna Breman becomes the first female governor of the Reserve Bank of New Zealand as the country faces economic challenges. Her appointment marks a milestone in financial leadership.
Macquarie Group to repay $211 million to Australian savers after failures in managing Shield Master Fund, amid ASIC scrutiny and rising inflation pressures affecting monetary policy.
House Minority Leader Jeffries criticizes GOP for taking a recess amid government shutdown threat, as the White House prepares for potential job cuts affecting millions.
Saudi Arabia's stock market hits its highest level since 2020, driven by anticipated relaxation of foreign investment restrictions, boosting investor confidence and market capitalization.
China's surge in Indonesian oil imports highlights strategic shifts amid sanctions on Iran, raising questions about its balance between rising fossil fuel dependency and environmental commitments.
US influence wanes in Eastern Europe as Trump's administration faces criticism for handling Russian threats. NATO allies express concerns over security, economic stability affected.
Mercedes-Benz restructures leadership amid declining luxury electric vehicle sales, aiming to enhance operational efficiency and adapt to market challenges in rapidly evolving automotive industry.
Octogenarian Peter Mutharika wins Malawi's presidential election, defeating incumbent Lazarus Chakwera. Mutharika's return marks a political shift amid economic challenges.
Federal Reserve officials are considering interest rate cuts amid rising unemployment and inflation, highlighting a delicate balance in economic policy amidst market fluctuations.
Brazil lowers its interest rate forecast for 2026 amid high Selic rates, inflation pressures, and a strong real, balancing growth and financial stability challenges.
ECB officials are closely monitoring December inflation forecasts to guide interest rate decisions, amidst cautious expert opinions on achieving the 2% inflation target.