Asian Markets Drop as Fed Holds Rates, AI Stocks Decline

Asian markets fell sharply on Wednesday, with South Korea's Kospi index dropping over 11%, marking a…

Ofgem Proposes Fees to Curb Speculative Data Centers

Britain’s energy regulator, Ofgem, announced on Wednesday a consultation on a proposed commitment fee aimed at…

Burnham faces tax hikes or spending cuts to fund pledges

Andy Burnham, the newly appointed Prime Minister of the UK, has been warned by the National…

Core Scientific Signs $14 Billion AI Deal with AMD

Core Scientific has entered a 15-year agreement with Advanced Micro Devices (AMD) for AI infrastructure, potentially…

CME Sues CFTC Over Regulation of Perpetual Futures Market

The CME Group has filed a lawsuit against the Commodity Futures Trading Commission (CFTC) over the…

AI Investment Boom Raises Financial Stability Concerns

BRUSSELS/SINGAPORE — Concerns are growing over the sustainability of the artificial intelligence (AI) investment boom, with…

UK Millionaires Drop to Lowest Level Since 2008 Crisis

The number of millionaires in the UK fell to 442,000 in 2023, the lowest level since…

Libya Protests Threaten Oil Supply Amid Power Crisis

Anti-government protests in Libya escalated this week as demonstrators entered the Mellitah Oil and Gas complex,…

Spain’s Job Market Hits Record 22.8 Million with Low

Spain's labour market reached a record 22.8 million employed individuals in the second quarter of 2026,…

Man Group’s Assets Reach Record $253.6 Billion in H1 2026

Hedge fund manager Man Group reported a record $253.6 billion in assets under management (AUM) for…