Nintendo Shares Slide After 2026 Game Showcase Disappoints
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India Bank Shares Jump as Deposit, Yield Worries Ease
Signage at the State Bank of India (SBI) headquarters in Mumbai, India, on Tuesday, Nov. 11, 2025. SBI is supportive of another wave of mergers among state-backed lenders as policymakers explore ways to build scale and finance growth in the world’s fastest-growing major economy. Photographer: Abeer Khan/Bloomberg
Asian stocks slide, oil gains as Middle East tensions escalate
Asian stocks slide, oil gains as Middle East tensions escalate The United States launched strikes against Iran after President Donald Trump said Tehran had shot down a US Apache helicopter in the Strait of Hormuz, leaving investors on edge. SINGAPORE: Asian stocks fell on Wednesday (Jun 10) while oil prices surged as escalating tensions in the Middle East unsettled markets, dimming hopes for an end to the months-long war that has pushed commodities higher and stoked inflation worries. The...
Hong Kong Will Inspire China’s Confidence on Capital Flows, Says City’s Financial Secretary
Paul Chan Photographer: Lam Yik/Bloomberg
As tax exodus grows, Seattle’s mayor boasts of donations from Starbucks, Microsoft
Seattle’s Democrat mayor Katie Wilson is not convinced with a recent survey that suggests that more than half of her state’s business leaders are planning to leave over the imposition of a new millionaire’s tax. In March this year, Washington state Democrats passed the millionaire’s tax, a 9.9% income tax for households that make over $1 million a year. Over half (55%) of Washington state business leaders are thinking of relocating their personal residence to another state, according to the...