Sports and music lessons for China’s kids in sharp decline as purse strings tighten
BEIJING: Last August, Zhang Zhaolin pulled her 10-year-old son out of soccer classes that he loved after she was laid…
Ringgit closes lower vs US$ following recent rally
KUALA LUMPUR: The ringgit seemed to be experiencing a technical correction today, closing lower versus the US dollar after appreciating steeply in…
Swedish heat pump startup plans to wean Europe off gas
Not many product launches start with a declaration of war. But for Aira, a heat pump manufacturer and installer created…
Russia: Broker to take on frozen assets swap
Russians who own frozen foreign securities will be able to apply from March 25 to sell them to foreigners with…
OpenAI calls Musk’s claims incoherent in court filing
OpenAI lambasted Elon Musk’s allegations against it, saying in a court filing that the billionaire entrepreneur’s claims “rest on convoluted…
Disney gets personal in board battle with activist shareholder Peltz
Walt Disney responded to billionaire Nelson Peltz and his Trian Fund’s campaign to win two board seats with an attack…
Paris’ lean Olympics won’t blow any budgets
Paris’ “lean” Olympic Games are unlikely to do any lasting damage to France’s finances, thanks to 95% of its venues…
Businesses call for support to tackle challenges
Businesses are in urgent need of additional support in the face of ongoing challenges in 2024, as well as the…
Making a return to global portfolios on bottom bets
After multiple false dawns over the past year, some investors are seeing evidence that this rebound in Chinese stocks may…