Hyundai Motor Group is about to own Boston Dynamics outright. According to South Korea’s Maeil Business Newspaper, the automaker plans to pay $325 million for SoftBank Group’s remaining 9.65% stake in the robotics firm, ending an ownership arrangement that has run since 2021. A board meeting is expected on June 22 to approve the purchase….
The Asian Development Bank (ADB) has formally approved a landmark $700mn loan for Pakistan’s insurance sector, signaling an aggressive attempt to fortify the country’s fragile financial architecture against systemic climate and economic shocks. Signed in Islamabad by regional directors, the capital injection arrives at a delicate moment for the South Asian nation. With domestic insurance…
On a cold Tuesday morning in central Dublin, the queue outside a new residential development in Clongriffin didn’t consist of speculative investors or overseas institutional funds. Instead, it was filled with young professionals clutching pristine folders of bank statements, employment certificates, and salary clearances. This scene reflects a broader macroeconomic reality now sweeping across the…
LONDON — At 4:32 a.m. on Monday, June 8, the Brent crude futures curve went vertical. In the space of seven minutes, a barrel of the global benchmark repriced from $105.20 to $114.30 — an 8.7% leap that veteran crude traders at Vitol and Glencore hadn’t witnessed since the opening hours of Russia’s full-scale invasion of…
Addis Ababa Bole International Airport is, at its core, a study in industrial friction. Every day, narrow-body workhorses and wide-body giants cycle through the hub, serving as the connective tissue for a continent whose geography has historically punished transit. Now, that efficiency is about to be recalibrated. As the mid-year mark passes in 2026, Ethiopian…
Friday morning at 8:30 AM Eastern, the consensus macroeconomic playbook was torn to shreds. Traders who had spent the past three months pricing in a gentle glide path to monetary easing watched their screens flash red as the Bureau of Labor Statistics published a headline number that defied gravity. Investors boost bets for Fed rate…
There’s a comic book on Nidec’s website — or there was, until recently — called “The Man Hotter Than the Sun.“ It chronicles the rise of Shigenobu Nagamori, who founded the world’s largest precision motor company in a shack in Kyoto in 1973 and built it into a global industrial giant supplying Apple, the automotive…
At the Conrad Singapore Orchard hotel on Friday morning, the warning from the Monetary Authority of Singapore landed with unusual bluntness. Central banks, said MAS chief economist Edward Robinson, must maintain “heightened vigilance” as the Middle East conflict feeds a new wave of financial and inflation risks into the global economy. For policymakers who spent…
Senior Minister Lee Hsien Loong ended a five-day China visit on May 22 with a message that was part economic counsel and part quiet warning: Singapore cannot afford to watch the AI revolution from a comfortable distance. The country that shook hands with a humanoid robot in Shanghai this week needs to move — and…
The phone calls from American buyers haven’t stopped. Neither have the shipments. For many Singapore-based companies with exposure to the United States, the Trump administration’s 10% baseline tariff — widely feared when it landed in April 2025 — has turned out to be, as more than one founder has privately put it, something they can…
