US President Joe Biden weighed a trip to Israel while he cautioned against long-term Israeli occupation of the Gaza Strip on Sunday, as the White House sought to balance support for the country with fears that the regional crisis could escalate.
Vivriti Asset Management Pvt. raised 17 billion rupees ($204 million) from its three private credit funds, joining a growing number of its Indian peers in tapping the booming market for direct lending.
US President Joe Biden may visit Israel soon, adding to the US diplomatic push after Secretary of State Antony Blinken met Arab leaders about the Israel-Hamas conflict and efforts to provide humanitarian assistance to Gaza.
Courier services provider J&T Global Express Ltd. is seeking to raise about HK$3.92 billion ($501 million) through an initial public offering in Hong Kong, the city’s second-largest so far this year.
The Malaysian budget’s focus on fiscal discipline will boost the government’s credibility in carrying out fiscal reforms, though impact on equities will likely be limited.
Crypto exchanges in Australia will soon be required to hold a financial-services license issued by the markets regulator as the country seeks to support the growth of digital assets while protecting consumers.
Demand for haven assets waned as the trading week began in Asia with the US and its allies attempting to contain the Israel-Hamas war. The New Zealand dollar advanced after voters elected a new government.
A triumvirate of high oil prices, a surging dollar and geopolitical instability are set to weigh on India and Indonesia among Asia’s emerging markets, while energy exporter Malaysia may prove a rare beneficiary.
A business leader from a wealthy fruit-exporting dynasty, Daniel Noboa, held his lead over socialist candidate Luisa Gonzalez with more than 80% of votes tallied in Ecuador’s presidential runoff.
The bad news keeps coming for Britain’s lettings market, as a surge in mortgage payments pushes more landlords to the brink and threatens to pile extra misery on tenants.
