Bloomberg Business

Hong Kong July foreclosures surged the most in more than five years, as higher rates pinched homeowners’ ability to pay mortgages, according to Centaline Property Agency Co.

Minibus taxi drivers who’ve been on an eight-day strike that’s caused chaos in Cape Town called off their protest action and returned to work on Friday.

Australia’s depreciating currency, historically a boon for the world’s 12th largest economy, appears more likely to fuel inflation this time rather than deliver a tailwind to its import-competing industries.

Australia’s outgoing central bank chief Philip Lowe said monetary policy has now entered a calibration phase under which the board will likely only need to make small adjustments in response to data.

Gen Z workers in the UK are increasingly searching for less stressful jobs that still pay a reasonable salary as they prioritize their work-life balance over a hustle culture that previous generations embraced.

London brokers FinnCap Group Plc and Cenkos Securities Plc are planning to ditch their names when they complete a merger aimed at surviving tough market conditions.

CapitaLand Investment Ltd. posted a 19% drop in its first-half profit, due to lower portfolio gains amid higher interest rates, China’s slow recovery and a cautious dealmaking environment.

The yen hovered just short of the psychological 145 level versus the dollar on Friday as a persistently wide interest-rate gap with the US weakens the Japanese currency.

New Zealand’s Security Intelligence Service said China is the main exponent of foreign interference in the South Pacific nation.