Bloomberg Business

Samsung Electronics Co. reported its worst decline in quarterly revenue since at least 2009, stoking uncertainty over when a year-long electronics and memory chip demand slump will end.

A crypto service used to move tokens between blockchains suffered an unexplained outflow of assets worth more than $120 million, according to digital-asset security specialist BlockSec.

Japan’s state pension fund, the world’s largest, posted its strongest quarter in more than two years as gains in global stock and bond markets during the three months through March boosted the value of its assets to a record.

EFishery, co-founded by a former resident of a poor Jakarta neighborhood, became a rare Indonesian unicorn after raising $200 million in fresh funding.

The Biden administration called on China to do more to combat the spread of illicit synthetic drugs, weeks after Secretary of State Antony Blinken visited Beijing and pressed leaders to help confront the fentanyl crisis.

L Catterton, the private equity firm backed by luxury French fashion house LVMH, is considering strategic options for Birkenstock including an initial public offering, according to people familiar with the matter.

Tom Hayes, the former star trader who became the face of the Libor scandal, has consistently maintained his innocence. Now he is a step closer to overturning his high-profile criminal conviction.

One of India’s biggest venture capital firms is turning more cautious in its investment strategy, alarmed by crises at homegrown startups such as ed-tech leader Byju’s.

The European Central Bank won’t hesitate to act if officials see a simultaneous uptick in both company margins and wages, President Christine Lagarde said.

India’s year-old campaign to boost the rupee’s role in cross-border payments has made little headway, according to people familiar with the matter, underscoring the challenges for countries trying to reduce their dependence on the dollar.