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Key PointsIntel's $11.3 billion trailing-12-month net loss mostly reflects non-cash items, including a $12.5 billion mark-to-market charge on escrowed shares in the second quarter.
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Facing tumbling approval ratings and economic pushback, President Prabowo Subianto pivots to fiscal discipline in his latest budget—but delivering on his ambitious promises will be the real test.
Facing tumbling approval ratings and economic pushback, President Prabowo Subianto pivots to fiscal discipline in his latest budget—but delivering on his ambitious promises will be the real test.
Hong Kong’s move to cut taxes for hedge funds has set off a frenzied wave of maneuvering across the city’s financial sector, with investment banks fearing an exodus of prop traders and one fund even…
China’s real exchange rate fell by 14% in 2021–25, while the country’s officially reported current account surplus rose to 3.8% of GDP.
