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Oasis Says Japan Proposal on Shareholders Hurts Retail Investors
Japan’s plan to tighten the threshold for shareholder proposals would hurt retail investors while having little impact on institutional activist investors, said Seth Fischer, the founder of Oasis Management Co.
Standard Chartered CEO apologises for his 'choice of words' used to defend AI layoffs
Standard Chartered CEO Bill Winters faced backlash for calling AI's impact the replacement of "lower-value human capital." The bank plans to cut 7,000 jobs, with over 15% of support staff affected by 2030. Winters later apologized for his wording, emphasizing colleague value and commitment to reskilling and repositioning staff amidst industry changes.
Chinese Coal Disaster to Ripple Through Steel, Power, Chemicals
The Shanxi coal disaster is likely to hit Chinese output in the short term, raising costs for steelmakers, power plants and chemicals manufacturers.
The lender that governs
THE IMF’s Executive Board has approved the third review of Pakistan’s 37-month Extended Fund Facility (EFF), adding 11 new conditions and raising total structural conditionality to 75. In addition, there are 30 standing commitments, bringing total compliance requirements to 105. These span fiscal, governance, monetary, foreign exchange, financial, energy, state-owned enterprises, trade, investment, deregulation, social protection, and anti-corruption measures — many extending well beyond the IMF...
Dollar-Denominated EM Assets Outperforming: UBS' Khan
Shamaila Khan, UBS Asset Management Head of Global EM and APAC Fixed Income, speaks with Bloomberg TV about the strong opportunities in dollar-denominated emerging market assets. (Source: Bloomberg)
Missed Investing In Your 20s? Mutual Funds Can Help You Catch Up, Here's How
Starting late is not ideal. But it is not the end of the road either. In fact, people in their 30s and 40s often have an advantage -- higher income
Palm Oil Titan Wilmar Dives Most in Six Years on Indonesia Probe
Wilmar International Ltd. fell the most in almost six years after the Indonesian government named the palm oil titan as one of the companies being probed for suspected export abuses.
From Rags to Riches: 10 Self-Made Billionaires Who Beat the Odds
Discover how these ten self-made billionaires transformed their lives from broke to billionaire, proving that perseverance and innovation can lead to unimaginable wealth. These inspiring stories will motivate you to chase your dreams, no matter the obstacles in your path!
Nomura Analyst Says Near-Term BOJ Hike Still Up in Air on Iran
Market indicators suggest that traders are nearly convinced that the Bank of Japan will raise interest rates in June or July, but a Nomura group analyst isn’t so sure.
RUTH SUNDERLAND: Alan Milburn's right about the youth jobs crisis - but I've seen for myself there IS a remedy and it won't cost Britain billions
RUTH SUNDERLAND: Alan Milburn's right about the youth jobs crisis - but I've seen for myself there IS a remedy and it won't cost Britain billionsBy RUTH SUNDERLAND Published: 01:00, 28 May 2026 | Updated: 02:30, 28 May 2026 e-mail 1 View comments
CEOs for S&P 500 companies had 6% pay increase in 2025, AP survey finds
New data shows the median compensation for CEOs of S&P 500 companies grew almost 6% in 2025, reaching $17.7 million. This uptick marks the smallest annual growth rate since 2022, when the median pay grew just about 1%. The figures come from the Associated Press' CEO compensation survey. Ken Sweet, a banking reporter for the AP who helped write the analysis, joins "The Daily Report" to discuss.
China’s Declining Appetite for Oil Laid Bare by Iran War
Chinese imports of crude oil are set to drop to levels not seen since the pandemic, as the war in Iran reveals the extent to which demand has disappeared and may not be coming back.
Dead drivers are among the thousands of people 'being stung by LTN fines and congestion charges'
Dead drivers are among the thousands of people 'being stung by LTN fines and congestion charges'See more Daily Mail on Google - save us as a Preferred SourceBy JAKE HOLDEN, UK NEWS REPORTER Published: 01:45, 28 May 2026 | Updated: 01:45, 28 May 2026 e-mail View comments
EQT Names Macksey, Gopalakrishnan Asia Private Equity Co-Heads
EQT AB appointed Nicholas Macksey and Hari Gopalakrishnan to jointly lead its Asia private equity business, positioning a new generation of leaders to deploy a record $15.6 billion regional fund.
Adrian Portelli unveils new LMCT+ supermarket venture as fierce war of words erupts between industry rivals
Adrian Portelli unveils new LMCT+ supermarket venture as fierce war of words erupts between industry rivalsPortelli shares supermarket membership detailsBillionaire takes swipe at his business rivalsREAD MORE: War of words ERUPTS between Adrian Portelli and Labor MPSee more Daily Mail on Google - save us as a Preferred SourceBy CAITLIN POWELL - NEWS REPORTER Published: 01:28, 28 May 2026 | Updated: 01:28, 28 May 2026 e-mail View comments
Feds seize $40M in gold bars, cash, Rolexes from former CIA official who faked being a Navy pilot
A former senior U.S. government official with top secret security clearance was arrested after the FBI raided his Virginia home and discovered a staggering $40 million stash of gold bars, $2 million in cash and 35 luxury watches, court documents reveal.David J. Rush was arrested May 19 and is facing federal charges for theft of public money after allegedly swindling the government out of tens of millions of dollars while posing as a highly decorated Navy Reserve captain and Air Force test pilot....
Gaming companies face Rs 2.5 lakh crore hit as SC upholds GST
NEW DELHI: In a big setback to online gaming firms facing show-cause notices for GST evasion of around Rs 2.5 lakh crore (with penalty), Supreme Court Wednesday upheld levy of 28% tax on the full face value of online gaming bets and validated rules under CGST for determining valuation of taxable supplies for lotteries, betting, gambling, horse racing and casinos.
Australia's richest amass $707 billion while millions wait years for $250 tax offset
Australia's richest amass $707billion while millions wait years for $250 tax offsetGina Rinehart tops a rich list for the seventh yearThe 200 wealthiest people have a combined $707billion See more Daily Mail on Google - save us as a Preferred SourceBy MAISY RAE Published: 01:10, 28 May 2026 | Updated: 01:10, 28 May 2026 e-mail View comments
Labour is risking a 'lost generation' of jobless youth: Landmark report by party grandee warns ONE in SIX young people will be on the dole by 2030 without a major welfare reform
Labour is risking a 'lost generation' of jobless youth: Landmark report by party grandee warns ONE in SIX young people will be on the dole by 2030 without a major welfare reformREAD MORE: DAILY MAIL COMMENT: Milburn's warning of a 'lost' generationGet your news delivered straight to you by 7am – sign up to our new Morning Mail newsletter for FREESee more Daily Mail on Google - save us as a Preferred SourceBy JASON GROVES, POLITICAL EDITOR and SOPHIE CHURCH - POLITICAL REPORTER and CLAIRE ELLICOT...
War Stress Pushes Indonesia, Thailand to Lean on Short-Term Debt
Southeast Asia’s two biggest economies are selling more short-term debt to cope with the stress from the US-Iran war, draining liquidity from broader markets.