Bloomberg Business

Oil traders are starting to ignore the most important person in the market. It could prove a risky gambit.

Emerging-market bulls are still upbeat on the asset class, even after China’s highly-touted reopening rally fizzled and proved Wall Street’s early 2023 optimism to be misplaced.

Bank of Korea Governor Rhee Chang-yong flagged growing financial sector risks amid a rise in real estate loan delinquencies— even as the broader housing market slowly recovers.

Investors are loading up on call options as they brace for a pivotal Federal Reserve decision that’s set to dictate the tone for equities heading into the second half of 2023.

Mexican President Andres Manuel Lopez Obrador’s ruling Morena party will announce its candidate for the 2024 Mexican presidential election on Sept. 6.

A concrete expanse the size of Monaco jutting off China’s southern coastline is the imposing centerpiece in Beijing’s efforts to slow its growing dependence on imported oil.

Eisai Co.’s Alzheimer’s disease drug developed with Biogen Inc. gained support from advisers to US regulators, paving the way for a likely full regulatory approval that could lead to broader insurance coverage.

Taiwan’s exports of chips to the US rose for a 26th consecutive month in May, defying a downturn in the global semiconductor market.

Hong Kong’s economy is expected to grow faster than previously forecast this year as consumer spending rebounds, while growth in rival financial hub Singapore is likely to slow as global demand weakens.

Glencore Plc approached Teck Resources Ltd. about buying just its coal assets, an alternative to a previous plan to buy the entire company for $23 billion, the Wall Street Journal reported, citing people familiar with the matter.