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Switzerland's financial regulator ruled on Wednesday that the UBS takeover of Credit Suisse did not create any competition concerns, despite recommendations from the country's antitrust watchdog that it merited further scrutiny.
The Japanese yen weakened to fresh 38-year lows on Friday, crossing the 161 mark against the dollar for the first time since 1986 and reaching a high of 161.27, according to LSEG data.
For the third year in a row, Vienna, the capital of Austria, is the world's most livable city, according to the Economist Intelligence Unit.
Jho Low, the fugitive Malaysian financier, will forfeit more than US$100 million including a luxury Paris apartment and works by Claude Monet and Andy Warhol to settle civil forfeiture cases over his role in the 1MDB bribery and embezzlement scandal.
Sky-high property prices, exorbitant car ownership costs and expensive private medical care, among other factors, have kept Singapore the most expensive city for the super rich in 2024, according to a report by Julius Baer.
Global semiconductor stocks saw volatile trading Tuesday after a slump in shares of Nvidia during the previous session.
German airline company Lufthansa Group said Tuesday it would add an "environmental cost surcharge" to ticket prices as soon as this week, which could be as high as 72 euros ($77) for some flights.
DALIAN, China — Chinese Premier Li Qiang on Tuesday defended the country's technological development while criticizing efforts to restrict global cooperation.
