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Jay Penske’s most controversial deal, his 2023 takeover of the Golden Globes, has been thrust into the center of an explosive lawsuit that aims to expose the unprecedented control Penske Media Company has over Hollywood’s awards market.
(ATTN: ADDS details from 4th para, new photo)By Kang Yoon-seung
South Korea's financial authorities said Wednesday they are considering imposing a cap on the proportion of single-stock leveraged exchange-traded funds in individual investment portfolios as part of efforts to curb extreme stock market volatility.
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SEOUL, July 29 (Yonhap) -- South Korea's financial authorities said Wednesday they are considering imposing a cap on the proportion of single-stock leveraged exchange-traded funds (ETFs) in individual investment portfolios as part of efforts to curb extreme stock market volatility.
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US equity futures are higher, overlooking both tech-led declines in Asia which saw the Kospi crash as much as 13% and trigger a second consecutive 20 minute market-wide halt, and the 5% jump in oil prices which has pushed Brent over $88. As of 7:30am ET, S&P 500 and Nasdaq 100 contracts are each up 0.2%, reversing s…
Layoffs will come in admin and development divisions in Germany, with production operations unaffected
Trade $25 and get up to $500 with the Kalshi promo code NYPMAX.
You can only put so much stock in the odds at a sportsbook. They are based on perception as much as reality.
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The HKMA connects its securities settlement platform with Switzerland’s SIX exchange, while also launching equity post-trade services
The HKMA connects its securities settlement platform with Switzerland’s SIX exchange, while also launching equity post-trade services
CASINO Plus, one of the country’s leading responsible digital entertainment platforms licensed by the Philippine Amusement and Gaming Corp. (Pagcor), announced today that its iconic live-streamed title, Color Game, has reached a monumental nine-figure threshold, with its Ultimate Jackpot officially crossing P100,730…
Fifa stunned world football on Tuesday night when it announced bombshell plans to seek private investment in the World Cup and its other tournaments.
PARIS — CONCACAF followed UEFA on Wednesday by criticizing FIFA's controversial plans to sell a stake in the business operations of the World Cup and its other competitions through the creation of a semi-private subsidiary.
Hermès shares in Paris suffered their steepest intraday decline in nearly 16 years after second-quarter leather goods sales missed estimates among analysts tracked by Bloomberg, reigniting concerns over the luxury group's large exposure to the Chinese market.
Trade Development Council research indicates that mainland firms are actively pursuing diversified footprints across Asean markets
Trade Development Council research indicates that mainland firms are actively pursuing diversified footprints across Asean markets
FRANKFURT — Premium carmaker BMW is to offer almost half its German staff voluntary redundancy in a bid to cut 8,000 jobs by the end of 2027, a company source told Agence France-Presse on Wednesday.
The chief financial regulator on Wednesday expressed regret over recent extreme market volatility, saying the authorities take responsibility for the turmoil amid criticism that single-stock leveraged ETFs had amplified the market swings.
A US-Saudi consortium is advancing plans for a $5 billion oil refinery and export base in the Gulf, narrowing its search to three sites just outside the Strait of Hormuz as the Iran war disrupts energy flows.
Advances in chips, chipmaking equipment and AI models disrupt stocks by threatening the edges of existing leaders, investors say
Advances in chips, chipmaking equipment and AI models disrupt stocks by threatening the edges of existing leaders, investors say
Ageing rural populations are driving up demand for intelligent aerial devices, and the ‘irresistible trend” is expected to sweep through Southeast Asia
Ageing rural populations are driving up demand for intelligent aerial devices, and the ‘irresistible trend” is expected to sweep through Southeast Asia
By all accounts, Nike's business in China should be firing on all cylinders.
For years, the financial institutions handling President Donald Trump's sprawling investment portfolio have remained one of the most mysterious parts of his personal finances.
Five-year supply deals, sustained Big Tech spending underpin W40tr-plus investment plan
Less than a week after we reported that an options whale placed a $20 million bet on corn futures, a new U.S. crop report revealed the sharpest weekly deterioration in conditions in three years.
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Shares in Guangdong Fenghua, Suzhou GYZ, Chaozhou Three-Circle and upstream suppliers shoot up as relentless AI demand reshapes market
Shares in Guangdong Fenghua, Suzhou GYZ, Chaozhou Three-Circle and upstream suppliers shoot up as relentless AI demand reshapes market
German car manufacturer BMW is cutting thousands of jobs by the end of 2027 through a voluntary redundancy program, a corporate spokesperson told POLITICO.
Despite posting strong revenues, China’s multinationals logged average profits of US$4.5 billion in 2025, just 40 per cent of US counterparts’ figure
Despite posting strong revenues, China’s multinationals logged average profits of US$4.5 billion in 2025, just 40 per cent of US counterparts’ figure
Airlines operating out of Heathrow face increased charges after the London airport was given permission to claw back the early costs of its expansion plans.
A magnitude-7.1 earthquake that hit Japan's Kumamoto prefecture triggered an explosion at Aeon Mall Kumamoto. The shopping complex had been designated as an evacuation site for local residents in case of a natural disaster. (Photo by Arisa Moriyama)
The modest rise still lags regional averages and comes as firms try to retain staff amid aggressive recruitment, according to a new report
The modest rise still lags regional averages and comes as firms try to retain staff amid aggressive recruitment, according to a new report
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Russia's biggest online retailer Wildberries is seeking warehouse space in Kazakhstan after a wave of Ukrainian drone strikes damaged its logistics network, the Kommersant newspaper reported, as the company also holds talks with the Russian government over possible financial support.
HANOI, Vietnam — Vietnam's biggest conglomerate, Vingroup, is moving into global markets as business at home slows, planning nearly two dozen projects in at least 15 countries, from a "Vietnam Town" in Uzbekistan to smart cities in India and a riverfront development in Congo.
All Nippon Airways has been raising fuel surcharges on international flights because of high jet fuel prices caused by conflict in the Middle East. (Photo by Yuki Kohara)
Ukraine's drone attacks on Russia's biggest online retailer Wildberries have ratcheted up the pressure on Moscow's wartime economy, with Kyiv seeking to force President Vladimir Putin back to the negotiating table after nearly four-and-a-half years of war.
July 29, 2026 — 6:53pm
Plane lessor Dubai Aerospace Enterprise (DAE) said on Wednesday it had completed the acquisition of Macquarie AirFinance for about $9 billion, further consolidating its position as a leader in the aircraft leasing industry.
Drop comes after South Korean company SK Hynix’s results undershot investors’ expectations
Victorian business chiefs are urging new Premier Ben Carroll to scrap Labor’s work-from-home laws to deliver on his pledge to partner more closely with the private sector.
