Malaysia Wins Dutch Case Over Sulu Heirs’ $15 Billion Award
Malaysia doesn’t have to pay around $15 billion linked to a long-running territorial dispute in the Borneo state of Sabah after a Dutch court refused to enforce the arbitration award.
Malaysia doesn’t have to pay around $15 billion linked to a long-running territorial dispute in the Borneo state of Sabah after a Dutch court refused to enforce the arbitration award.
Johnson & Johnson is facing a key test of its plan to use the US bankruptcy system to end more than 60,000 claims that a talc-based baby powder it sold for years causes cancer.
The European Central Bank is pushing lenders from the region that still have operations in Russia to accelerate plans to shrink or exit units in the market, after President Vladimir Putin’s full-scale invasion of Ukraine.
The European Central Bank probably won’t be able to declare the end of its historic cycle of interest-rate increases anytime soon, according to President Christine Lagarde.
Source: Bloomberg, 00:01:01
India’s consumer technology stocks are on a tear this year, handsomely beating their larger rivals in China and widening the divergence between two of the world’s largest equity markets.
Hong Kong’s exports fell in May for a 13th consecutive month as weak demand for goods from China and the world continue to pose challenges for the financial hub’s economic outlook.
Byju’s is in advanced talks with prospective new shareholders for a $1 billion fundraising round, seeking to stave off attempts by some investors to clip founder Byju Raveendran’s control over the beleaguered tech startup.
A downtrend in issuance for German Schuldschein debt recently contrasts with the strong start to the year, which boasted double-digit percentage growth in the first quarter, including a record €2.7 billion ($2.95 billion) transaction for Porsche Automobil Holding SE.
Goldman Sachs Group Inc. strategists expect stock returns to remain mostly “fat and flat” over the next year, capped by higher-for-longer interest rates and frothy valuations.