Can Bali Become a Global Financial Hub? Indonesia’s Ambitious Economic Bet
Indonesia plans Bali financial hub to attract global investors, but faces infrastructure and regulatory challenges
Indonesia plans Bali financial hub to attract global investors, but faces infrastructure and regulatory challenges
Chinese automaker Geely has reportedly acquired part of a vehicle assembly facility from Ford Motor in Spain, marking a significant step in its push to establish a manufacturing foothold inside Europe. The deal, centered on Ford’s Almussafes plant in Valencia, signals a broader shift in how Chinese carmakers are expanding globally.
SpaceX IPO gives Musk near-total control via super voting shares, sharply limiting shareholder rights and oversight
Chinese artificial intelligence startup DeepSeek is preparing for its first-ever external fundraising round, and the numbers being discussed signal a dramatic shift in both its strategy and its global standing. The company could be valued at as much as $50 billion, according to multiple sources familiar with the negotiations, marking one of the largest initial funding rounds in the AI sector.
Nvidia and Corning strike major fiber deal to scale AI infrastructure, boosting speed, capacity, and US manufacturing
Nissan has announced it will cut around 900 jobs across Europe as part of a wider global restructuring plan, marking one of its most significant workforce reductions in the region in recent years. The decision reflects mounting financial pressure on the automaker as it attempts to restore profitability and streamline its operations. The job cuts,…
China’s carmakers target global markets with tailored models to boost exports and margins amid domestic slowdown.
Major global publishers have filed a sweeping lawsuit against Meta Platforms, accusing the tech giant of illegally using copyrighted books and academic materials to train its artificial intelligence systems—marking a significant escalation in the legal battle over how AI models are built.
The European Union is pressing the United States to stick to its existing tariff commitments under a fragile transatlantic trade deal, warning that any deviation risks triggering a new economic conflict just as the agreement approaches a critical milestone.
Australia hikes interest rates to 4.35% and warns inflation will stay higher for longer amid energy and demand pressures.