Bloomberg Business

Even some who support the invasion and want to intensify the fight against Ukraine have become deflated about Russia’s prospects.

China will continue to open up its $60 trillion financial market to foreign banks and investment firms, while sticking to the bottom line of preventing systemic risks, the nation’s new top regulator said.

Serbia will probably hold borrowing costs at an eight-year high after unexpectedly pausing a tightening cycle last month and inflation started to ease.

With Tesla Inc. shares climbing back to a seven-month high amid a string of positive news, Asia investors are focusing on its all-important battery suppliers, especially those outside China.

China’s mom-and-pop investors are rushing to buy Japanese equity products as the stock market at home shows little sign of a revival.

Wildfires continue to ravage large tracts of forest in Canada, with little sign weather will provide much help to firefighters who are battling the blazes that sent smoke more than 1,000 miles southward and prompted air hazard alerts in cities on both sides of the US border.

New York Mayor Eric Adams told residents they should stay inside or wear masks outdoors to battle the smoke from Canadian wildfires that is blanketing the largest US city and swaths of the East Coast.

Crypto exchange Binance and related entities shuttled some $70 billion through accounts at now-defunct Silvergate Bank and Signature Bank from 2019 up until this year, including “large amounts of money” flowing in and out within days, according to new details revealed in a filing Wednesday.

Former Vice President Mike Pence kicked off his campaign challenging Donald Trump for the 2024 Republican presidential nomination with a stinging rebuke of his onetime boss, saying he should never return to the White House.

House Republicans canceled a Thursday meeting to consider holding FBI Director Christopher Wray in contempt for refusing to fully comply with a subpoena in its investigation of President Joe Biden.