Crypto exchange Bitget halted customer withdrawals after detecting a theft of approximately $351.6 million in digital assets resulting from a security breach. Gracy Chen, CEO of the Seychelles-based exchange, announced the suspension via a statement on X after noticing unauthorized transfers from company wallets. Bitget Hack Freezes Withdrawals Amid $351.6 Million Theft Bitget suspended customer … Read more
The leaders of Ethiopia’s northern Tigray region announced on Wednesday that they have entered a new war with the federal government, shattering a four-year-old peace accord that ended a devastating conflict responsible for hundreds of thousands of deaths, according to Reuters reports. Tigray Forces Launch Defensive War and Seize Airports The outbreak of renewed hostilities … Read more
IDP Education rejected a roughly A$694.7 million takeover proposal from Blackstone, according to reports by Reuters on September 22. The private equity bidder offered A$2.50 per share in cash, which the IDP board dismissed as highly opportunistic and a substantial undervaluation of the business despite representing a roughly 56% premium to the company’s September 8 … Read more
The European Union and the Philippines have reached a substantial agreement on a free trade deal, according to an announcement by the European Commission on Tuesday, Sept. 22. European Commission President Ursula von der Leyen stated in a post on X that she spoke with Philippine President Ferdinand Marcos Jr. to confirm the pact, which … Read more
South Korea’s National Pension Service is seeking a license to invest in Indian government securities through a low-compliance channel operated by the market regulator, according to two sources with direct knowledge of the matter. As reported by Reuters, the institution manages assets valued at over $1.3 trillion and would rank among the earliest applicants utilizing … Read more
Volkswagen faces an accelerated restructuring program, cutting an additional 50,000 jobs and lowering its 2026 operating return on sales outlook to 1% amid fierce Asian competition and high costs, according to reports from Reuters and CNBC. The European carmaker’s strategy shift coincides with nationwide protests by German auto workers at Volkswagen, BMW, and parts supplier … Read more
US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are scheduled to meet in Manhattan to negotiate potential agreements on artificial intelligence, tariffs, and critical minerals ahead of a high-stakes Washington summit between US President Donald Trump and Chinese President Xi Jinping. According to reporting from Reuters, the Sunday meetings at JP Morgan … Read more
Apple is poised to launch Apple Pay in India next month using Axis Bank credit cards, according to three sources familiar with the matter, entering a crowded digital payments market as the tech giant expands support among local lenders. The upcoming rollout, starting with a single major banking partner, will bring the U.S. company’s tap-and-pay … Read more
Reserve Bank of Australia Governor Michele Bullock warned on Sept. 18 that upside risks to inflation, driven by the Middle East conflict and a global artificial intelligence boom, are materialising as businesses increasingly pass higher input costs on to consumers. RBA Weighs Inflation Risks from Oil Prices and the AI Boom According to Reserve Bank … Read more
Australia is considering barring the use of camera-equipped smart glasses in government workplaces due to privacy and security concerns, in what officials said could be the first ban of its kind, according to a report published on September 17. The potential restriction follows growing global unease over wearable technology capable of covertly recording individuals without … Read more