The actor was forced to take a rather hefty loss on the sale of the Hollywood Hills home, which he purchased for $2.33 million in 2018.
Indonesia’s rupiah — Asia’s worst-performing currency this year — has been under pressure since late 2024 when investors began reassessing the country’s fiscal outlook following the election of President Prabowo Subianto. Before this current period of volatility, the currency hadn’t traded at such weak levels since the Asian Financial Crisis of 1997-98.
One thing that’s helped limit the Iran war’s disruption to global oil supply is the ability of Saudi Arabia to use an alternative export route to the Strait of Hormuz: the Red Sea.
Jinger Zhao, a former Two Sigma Investments managing director who spent 18 years at the asset manager, is preparing to start her own Asia-focused hedge fund with initial backing from Blackstone Inc.
US equity futures advanced, bouncing after Wednesday’s late selloff in tech shares, while a swift end to renewed American strikes on Iran kept oil prices in check.
The US moved to resolve a key legal dispute with Turkey involving a state bank, alleviating a major irritant in bilateral ties ahead of President Donald Trump’s anticipated visit next month.
Italian Premier Giorgia Meloni called on the European Union to appoint a representative to negotiate peace with Russia, inserting her voice into the debate over about how to engage with Vladimir Putin.
Moody’s Ratings slashed Travelodge Hotels Ltd’s credit rating deeper into junk, citing the company’s weaker financial performance and deteriorating debt metrics.
Fresh produce prices are getting more volatile.
