BUSINESS

UN Chief Warns Global Debt Crisis Threatens Trade System

UN Secretary-General Antonio Guterres said global debt was soaring
UN Secretary-General Antonio Guterres warned that global debt has soared, leaving developing countries paying more on interest than on health or education. He launched the Sevilla Forum on Debt to improve financing, strengthen investment, and align trade policies with climate goals.
General Motors CEO Mary Barra has shifted investment away from electric vehicles in response to the policies under President Donald Trump

GM Shares Soar on Strong Q3 Profits Amid EV Strategy Shift

General Motors reported stronger-than-expected Q3 profits despite a $1.6 billion EV investment write-down and $1.1 billion in tariff costs. CEO Mary Barra's strategy pivot toward gasoline-powered vehicles and US plant investments drives a positive outlook, sending shares up over 15 percent.
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China's economy has been supported by exports, which have offset weak consumer spending

China Posts Lacklustre Q3 Economic Data As Key Beijing Conclave Starts

China's economy grew just 4.8% in the third quarter of 2025 — its slowest pace in a year — as exports offset weak consumer spending and a deepening property crisis. Leaders in Beijing are meeting this week to plan a new five-year strategy amid pressure from U.S. tariffs and falling domestic demand.
Seamus Synnott

Traders Wanted: No Résumé, No Suit, Just Results

In the gilded world of finance, it's usually who you know, not how well you trade. FundedX is betting on the opposite. FundedX was founded by Adrian Mudronja, with operations now led by CEO Seamus Synnott, who sounds more like a coach than a corporate boss.
The Golden Duck Co.

The Golden Duck Co. Delivers a Snack Upgrade Australia Didn't Know It Needed

When Jonathan Shen and Chris Hwang first started experimenting with handmade snacks out of a tiny DIY pop-up booth in Singapore, they never imagined one of their biggest wins would come years later, in the form of a nationwide rollout in Australia across 650 Woolworths and Metro stores.
Beyond the Squeeze: How These Shapermint Favorites Are Redefining Shapewear

Beyond the Squeeze: How These Shapermint Favorites Are Redefining Shapewear

Shapewear has long been shadowed by misconceptions—most notably, that it's uncomfortable, restrictive, and only for special occasions. However, these shapewear myths are being confidently challenged by brands like Shapermint, which are redefining what shaping essentials can be.
Ripple's CBC Partnerships: Potential XRP Price Surge

Central Bank Alliances Ignite: Will Ripple's CBDC Push Propel XRP Higher?

When Ripple CEO Brad Garlinghouse shared in June 2025 that the company had forged five new central bank digital currency (CBDC) partnerships in just Q2, it marked a defining moment. Suddenly, XRP, often seen as a speculative altcoin, was at the center of a global fintech revolution.
Perth Home Brokers Offers Personalised Solutions for Every Client

Perth Home Brokers Offers Personalised Solutions for Every Client

Perth's skyline is getting a new star as Nitesh Jha reimagines every homeowner's buying journey. As the founder and chief executive officer (CEO) of Perth Home Brokers, Jha has made it his mission to simplify the process for first buyers.
SoftBank Group has been actively investing in AI under its flamboyant founder and CEO Masayoshi Son (R)

Japan's SoftBank Posts $7.8 Bn Annual Net Profit

Japanese tech investor SoftBank Group, a major player in the US Stargate artificial intelligence drive, on Tuesday posted a $7.8 billion annual net profit, its first in the black for four years.
US Treasury Secretary Scott Bessent (L) and Trade Representative Jamieson Greer hailed 'substantial progress' in the trade talks with China

Markets Rally After China, US Slash Tariffs

Stock markets, the dollar and oil prices rallied Monday after Chinese and US officials slashed tit-for-tat tariffs for 90 days, fuelling hopes the two sides will pull back from a standoff that has rattled global markets.
Donald Trump said he would announce a 'a major trade deal' with 'a big, and highly respected, country' later in the day

Stocks Rise As Trump Signals US-UK 'Trade Deal'

Stock markets and the dollar rose Thursday as US President Donald Trump touted plans to unveil a "major trade deal" with Britain, boosting hopes for other countries' tariff negotiations.

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