El Niño and Iran War Team Up in a Food Squeeze
US consumers are already on edge after prices never fell from post-Covid inflation.
US consumers are already on edge after prices never fell from post-Covid inflation.
Rows of gold bars, stacks of US and Singapore dollars and seven suitcases found inside a locked safe have become the defining images of one of the biggest scandals to hit Indonesia’s law-enforcement establishment in years.
Prime Minister Narendra Modi used a three-nation tour to deepen India’s Indo-Pacific partnerships, Bloomberg’s Swati Pandey reports. (Source: Bloomberg)
MiniMax Group Inc.’s shares plunged, after JPMorgan Chase & Co. slashed the Chinese AI model maker’s price target for the second time in less than a week on value dilution concerns caused by fresh fundraising.
Oil prices rose and U.S. stock-index futures slipped on Sunday, after the U.S. and Iran continued their tit-for-tat attacks around the Strait of Hormuz over the weekend.
A new, Beijing-backed mining investment vehicle is aimed at bolstering China’s grip on overseas resources, as the country pushes back against US and European efforts to curb its dominance of the mineral supply chain.
The Capital Group Inc., BlackRock Inc., Fidelity Investments and Goldman Sachs Asset Management L.P. are among key investors that participated in the anchor book of SBI Funds Management Ltd., which was subscribed more than 20 times before the company’s initial public offering, according to people familiar with the matter.
Nippon Paint Holdings Co. has made an offer for Akzo Nobel NV’s decorative paints business in the past month.
Foreign funds’ bearish contracts remain close to last year’s record levels.
SK Hynix Inc. shares declined in Seoul on Monday after the memory chipmaker’s highly anticipated US trading debut, with traders citing profit taking and a shift to the American depositary receipts as the main drivers.