Shein’s $100 billion heyday fades as Hong Kong IPO values it at up to $27 billion
Online fast-fashion retailer Shein is seeking to raise up to $1.77 billion in a Hong Kong IPO after its valuation fell around 70 per cent from its ...
Indian Prime Minister Narendra Modi has arrived in Sri Lanka to strengthen ties and sign key agreements, including a defence pact and energy projects.
Indian Prime Minister Narendra Modi has arrived in Sri Lanka for a three-day visit aimed at deepening bilateral ties.
Modi is expected to hold talks with Sri Lankan President Anura Kumara Dissanayake and sign several agreements, including a defence pact that would expand existing cooperation to cover joint military exercises and maritime surveillance.
If signed, the defence cooperation is expected to mark a major turning point in India-Sri Lanka defence relations, moving past the difficult chapter of India’s withdrawal of the Indian Peace Keeping Force from the island nation nearly 35 years ago.
Among the memoranda of understanding to be signed is one for the Indo-Lanka electricity grid connectivity project, which will link Mannar in Sri Lanka to southern India via an undersea cable.
Sri Lanka’s government said the initiative is part of its broader goal to become an energy hub, noting that the grid connection would enable the country to export surplus renewable energy to India and potentially other nations in the region.
Modi’s visit makes him the first global leader to be hosted by Dissanayake since the Sri Lankan president took office in September.
Iran on Saturday denounced U.S. plans to announce new sanctions that could put further strain on the Islamic Republic's economy and have an impact on its most important trading partners including China.
Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
A newly created pro-government political party has secured a commanding victory in Kazakhstan's snap parliamentary election, according to exit polls, strengthening President Kassym-Jomart Tokayev's influence at a pivotal moment in the country's political transition.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
Ukrainian President Volodymyr Zelenskyy has rejected calls for a wartime election, arguing that holding a vote while Russia's full-scale invasion continues would divide the country and undermine national unity.
The United States has formally removed Syria from its list of state sponsors of terrorism, ending a designation that had been in place for nearly five decades and marking a major step in Washington's efforts to rebuild relations with the country's new leadership.
The Trump administration has announced plans to revoke the temporary visitor visas of foreign nationals who entered the United States on tourist or business visas and later sought asylum, marking the latest expansion of Washington's immigration enforcement policies.
At least 47 people were killed when armed gangs launched a deadly overnight assault on the Haitian town of Kenscoff, underscoring the worsening security crisis that continues to grip areas surrounding the capital, Port-au-Prince.
The U.S. Supreme Court has allowed President Donald Trump's administration to move forward with parts of an executive order aimed at tightening rules around mail-in voting, marking a significant legal victory for the White House ahead of November's midterm elections.
Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
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