Bloomberg Business

Foreign investors sold a net 544 billion yen ($3.77 billion) of Japanese stocks last week, their first net selling in 13 weeks, data from the Ministry of Finance showed.

Japan’s retail sales rebounded more than expected in May from the previous month as the return of tourists continued to aid economic recovery, while domestic demand remained resilient.

Haitong Securities Co. is set to name its domestic securities finance chief as co-head of the Hong Kong unit, splitting the top job to tighten control after the overseas business incurred massive losses, people familiar with the matter said.

OneDegree Hong Kong Ltd., a virtual insurance firm, raised $27 million in a fresh funding round to fuel an Asia expansion and investments in artificial intelligence.

Shares of Rakuten Group Inc. have tumbled in recent weeks, splitting ways with a surging Japanese equity market, as concerns mount over its debt levels and its ability to make mobile operations profitable.

Micrososft Corp.’s chief executive officer reaffirmed his company’s promise to keep Activision Blizzard Inc.’s top-selling Call of Duty on rival Sony Corp.’s PlayStation console as he sought to defend the biggest-ever video gaming deal from a regulatory attack.

Newcrest Mining Ltd. may have enough gold and copper deposits at its Red Chris project in Canada to open an entirely new section and extend mining in the area for decades, Chief Executive Officer Sherry Duhe said.

The two frontrunners to represent the party of President Andres Manuel Lopez Obrador in 2024 general elections are in a statistical tie, according to a local poll.

ChatGPT creator OpenAI Inc. is stealing “vast amounts” of personal information to train its artificial intelligence models in a heedless hunt for profits, a group of anonymous individuals claimed in a lawsuit seeking class action status.

President Joe Biden said Vladimir Putin has been weakened by Yevgeny Prigozhin’s failed rebellion, as the Russian leader stepped up his effort to portray the mercenary leader as corrupt.