Concerns
Billionaires Spielberg, Zuckerberg eyeing East Coast, stirring concerns about California’s wealth-tax proposal
California may be losing two of the state’s most famed residents and generous political donors. Filmmaker Steven Spielberg recently moved to New York and Facebook co-founder Mark Zuckerberg is...
Japan finance minister says US Treasury’s Bessent shares concerns about weak yen
JAPAN’S Finance Minister Satsuki Katayama said she and US Treasury Secretary Scott Bessent shared concerns over what she called the yen’s recent “one-sided depreciation”, as Tokyo stepped up threats...
Oil posts second weekly decline as glut concerns dominate
OIL declined for a second week as concerns over a growing glut outweighed geopolitical risks to supply. West Texas Intermediate gained 0.9 per cent to settle above US$56 a barrel...
Middle East oil market weakens as glut concerns gain traction
The IEA, meanwhile, projects output will exceed consumption by 3.8 million barrels a day in 2026[SINGAPORE] The Middle Eastern oil market has weakened in recent weeks on concern that...
Oil posts weekly loss on oversupply concerns
IEA forecasts published on Thursday indicated that global oil supply will exceed demand by 3.8 million barrels per day next year[HOUSTON] Oil prices closed lower on Friday (Dec 12),...
Asia’s strong equity deals pipeline to be tested by AI bubble concerns in 2026
[HONG KONG/MUMBAI] A strong pipeline of high-profile IPOs by companies in China and India looking to tap into a move by investors to diversify bets will bolster Asian equity...
US Fed official defends easing of bank oversight as concerns mount
THE US central bank’s top banking regulator on Tuesday defended efforts to revamp oversight of the sector, as she faces warnings that weakened supervision could destabilise the financial system.“Our...
Roblox to scan users’ faces to verify age amid persistent child safety concerns
Roblox, a popular gaming platform that’s faced growing scrutiny over child safety concerns, said Tuesday it will require users to verify their age if they want to chat with...
