Bloomberg Business

China’s financial regulator asked banks to respond to a bearish research report on the sector by analysts at Goldman Sachs Group Inc., underscoring heightened sensitivity in Beijing toward negative market commentary as the economy slows.

Two Hong Kong mansions located at the Peak have been sold for a combined HK$560 million ($71.5 million), about HK$200 million less than the asking price, according to a local newspaper.

SoftBank Group Corp.’s telecom arm is exploring a US listing for its loss-making PayPay mobile payments business, Reuters reported Wednesday, citing unnamed sources familiar with the matter.

Australian central bank Governor Philip Lowe said the rate-setting board will move to eight meetings a year from 11 now, beginning in 2024, while reiterating that policy may need to be tightened further.

UBS Group AG appointed Patrick Grob head of global wealth management unified global markets, one of dozens new leadership roles in its investment bank as the Swiss lender continues to integrate former rival Credit Suisse.

Even in a year where currency volatility is falling worldwide, the slump in swings in the Indian rupee has traders from London to Singapore asking when the central bank will loosen its iron grip.

One of the biggest office landlords in Sweden’s capital has seen its junk credit rating lowered a further two steps by Moody’s Investors Service with a warning that further downgrades could be on the way.

Singapore’s rising rents are set to be a key issue among voters in the next general election, a survey showed, in the latest indication of the political fallout from the country’s buoyant property market.

Cathie Wood’s Ark Investment Management LLC pared its holding of Coinbase Global Inc. for the first time in almost a year on Tuesday.