The rapid repair of a key stretch of Interstate 95, two weeks after a fiery crash caused an overpass to collapse, prompted one newspaper in Germany — known for having some of the world’s best roadways — to call the feat “ein kleines Wunder.”
Sweden’s Riksbank will probably raise borrowing costs again this week as the krona’s plunge to a record low forces policymakers to broaden their fight against inflation.
Ever since Pita Limjaroenrat led his Move Forward Party to a surprise first-place finish in Thailand’s election last month, he’s faced a flurry of legal complaints and controversies challenging his bid to take power after more than a decade of military-backed rule.
India’s monsoon, which accounts for about three-quarters of annual rainfall, is set to cover the entire country about a week earlier than usual even after a delayed start.
David Kim, a partner at PAG, is retiring from Asia’s biggest multi-asset manager after 13 years, leaving the firm as it’s seeking to raise one of its biggest pools of private equity capital, people familiar with the matter said.
Nomura Holdings Inc. paid its wholesale banking chief almost twice as much as its chief executive officer last fiscal year.
Singapore lost some momentum and a two-star restaurant in this year’s list.
China stood back from supporting the yuan for a third day, triggering a pullback, in a sign it may not yet be ready to draw a line in the sand for the weakening currency.
Japan’s nuclear watchdog could issue approval as soon as next week to Tokyo Electric Power Co. for the use of equipment that would release treated waste water from the Fukushima Dai-ichi power plant.
European Central Bank Vice President Luis de Guindos said that while another interest-rate increase next month is all but assured, the outcome of the following meeting remains unclear and will hinge on economic data arriving in the interim.
