Finance
Kalshi Aims to Expand Perpetual Futures After $5.5 Billion Debut
Kalshi Inc. is looking to expand its new perpetual futures business beyond digital assets after the never-expiring deriv
Finance
Asian Stocks to Slip Ahead of Fed, Oil Steadies: Markets Wrap
Stocks in Asia looked set to snap a three-day winning streak, tracking declines on Wall Street as investors rotated out
Finance
Struggling Pizza Hut chain to be sold for $2.7bn
The decision comes after a prolonged period of difficulty for the chain, which has faced increasing competition from a r
Finance
Inside the Palace: How Prabowo’s Circle Is Unnerving Investors
Unpredictable state intervention under Indonesia’s president is turning the emerging-market darling into a global laggar
Finance
How the Iran War Is Leaving Lasting Scars Across Asia
On today’s Big Take Asia podcast, we discuss how war in Iran hit Asia especially hard and why structural economic proble
Finance
Exxon to Supply LNG to Help South Africa Reduce Reliance on Coal
Exxon Mobil Corp. struck a preliminary deal to bring liquefied natural gas to South Africa, which will use the fuel to b
Finance
Bond Options Traders Split on Fed Rate Path as Warsh Era Begins
Options traders are increasingly divided over the Federal Reserve’s near-term rate path, with conflicting bets that span
Finance
Private-Credit Defaults Match 2023 High in a KBRA Index
The default rate among private-credit borrowers has reached the highest in the roughly three-year history of an index fr
Finance
Databricks sales growth tops 80%, but margin are shrinking from swarm of AI agents
Databricks is seeing higher growth as AI agents assist with data analysis, but all that activity is significantly increa
Finance
How Roku fits into Fox's future — and what investors are missing about the deal
Fox's stock dropped following its announcement that it will acquire Roku for $22 billion. Analysts still think it's a go
Finance
US Says It Defended Dark Ships in Hormuz Against Regular Threats
The US military says it has defended commercial ships in the Strait of Hormuz against regular threats since starting a p
Finance
SpaceX rises 4% to leapfrog Amazon in market cap, closes short of Microsoft
CEO Elon Musk said Sunday that the company "might be able to reach approximately" $1 trillion revenue in 2030.