Briefed News
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Air Force missile spending will jump to $11.36 billion in FY 2027 from $5.14 billion in 2025 as the Pentagon abandons exquisite, small-batch weapons for commodity-scale production. The shift comes after burning through sophisticated, multi-million-dollar missiles to shoot down cheap drones, .
Leveraged funds' net short yen positions exceeded 115,000 contracts in the week through June 9, the largest bearish bet since November 2017, as the carry trade returns despite…
Singapore is launching its first domestic gold clearing system in 2026 with help from JPMorgan and UBS, aiming to capture Asian physical demand as flows shift east from London.
MSCI put Indonesia "on probation" until May 2026 over free-float transparency concerns, triggering a 9 percent Jakarta Composite plunge and forcing the stock exchange CEO to…
JoongAng Group filed for court rehabilitation after its JTBC broadcaster defaulted on 20.6 billion won in securitized loans, with ratings agencies cutting the media conglomerate to…
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Page 3Tokyo's Nikkei hit a record 66,934 while Korea's Kospi jumped 3.7 percent to 8,788 as markets priced in restored Gulf oil flows through the Strait of Hormuz.
Grain futures slumped in Chicago as the Iran deal prospect sent fertilizer prices tumbling, with urea in New Orleans dropping 18 percent to $640 per ton from $780 earlier this week.
One of Asia's most recognisable brokerage names will disappear next year as across its 21-office network. The move marks the final step in China's 2013 acquisition of Credit Lyonnais Securities Asia for $1.3 billion, erasing four…
The $85 million round led by CRV with Samsung and LVMH backing positions building "generalist" industrial robots that adapt without reprogramming.
Adobe lifted full-year revenue guidance to $26.5-26.6 billion and non-GAAP EPS to $24.35-24.45 after . AI-first ARR more than tripled year-over-year and now exceeds $500 million, validating the company's Creative Cloud and…
US District Judge Christopher Cooper ruled the Kennedy Center board by adding Trump's name to the congressionally established JFK memorial, ordering removal from all signage and materials within 14 days.
John Healey resigned after telling Starmer the Defence Investment Plan and could make Britain "less safe" amid rising threats from Russia and the Middle East.
Lord Richard Walker, Starmer's appointed cost of living adviser and Iceland Foods chair, described the state pension triple lock as to younger workers.
Chinese coal-producing regions are ramping up coal-to-chemicals as Persian Gulf war disrupts oil supplies, even as the sector generated in the first eight months of 2024 alone.
Trump will nominate Jay Clayton, currently US Attorney for Southern District of New York and former SEC Chairman, as Director of National Intelligence after .
New York erased a 29-point third-quarter deficit to beat San Antonio 107-106 in Game 4, , putting them one win away from ending a 53-year championship drought.
ETF flows are becoming a bigger driver of SK Hynix trading than the actual memory chip fundamentals. The Korean giant's share price has surged 230 percent year-to-date on AI memory demand, pushing it into the $1 trillion market…
SpaceX is preparing what would be the largest IPO in history, targeting around $75-80 billion at a $1.75 trillion valuation. The filing includes extraordinary governance provisions that could grant Musk up to 260 million…
Finance Minister Amir Hamzah Azizan warned the 3.5% deficit target is at risk after fuel subsidies exploded to RM7 billion in April alone, roughly 10 times pre-Iran war levels.
British-born Steve Hilton will face Democrat Xavier Becerra in November after securing 25% in California's top-two primary, displacing billionaire Tom Steyer despite his $215 million self-funded campaign.
The UK's largest mobile operator submitted a second-round bid for TalkTalk's consumer broadband business after initially staying out of the auction.
The private equity giant is actively seeking to acquire or partner with a Japanese life insurer to tap the country's ¥900 trillion in life insurance reserves.
Developers can now create subscription packages spanning multiple apps from different companies, the first structural change to App Store monetization since 2016.
Gold fell to four-month lows around $4,400 per ounce despite fresh US airstrikes on Iran, extending what has become its worst monthly performance since October 2008.
About 2,000 hospitality workers reached a tentative deal with food operator Legends Global days before the venue hosts the US men's opening World Cup match.
The generic drugmaker priced at the top of its C$20-24 range and upsized the offering on strong demand, making it Canada's biggest listing in five years.
The world's hottest stock market just hit its worst day of the year. South Korea's Kospi dropped 5.3 percent as , unwinding months of AI-driven gains that had made Korea the global leader in 2026.
Fixed income markets are positioning for the strongest consumer price reading in years, with traders betting the data will force the Federal Reserve to stay restrictive longer than expected.
Markets face their biggest event week of the year with SpaceX's history-making public debut and Apple's AI strategy reveal colliding.
British employers are quietly abandoning permanent hiring for temporary workers as statutory costs spiral. while temp billings hit 2.5-year highs in April.
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