Bloomberg Business

India’s capital markets regulator proposes to seek more disclosures from foreign funds with large holdings in local stocks or companies, following criticism about lack of oversight over inflows into sprawling conglomerates such as the Adani Group.

The Nigerian National Petroleum Co. said it’s owed more than $6 billion by the country’s government that the firm has spent to keep gasoline cheap, a day after newly sworn-in President Bola Tinubu announced an end to the subsidy program.

Dutch chip gear firm ASM International NV said the impact on its sales from US semiconductor export controls on China is “not a big deal” amid strong demand for chips driven by artificial intelligence applications.

Japan’s biggest life insurers have ramped up their use of longer-dated currency hedges to a record to escape sky-high costs, suggesting they’re buying more riskier securities that benefit from protection.

Credit Suisse Group AG said that it’s been notified by the New York Stock Exchange that it’s no longer in compliance with minimum listing criteria.

Macquarie Group Ltd. is considering selling South Korea’s DIG Airgas Co. at a valuation of more than $2 billion, according to people familiar with the matter.

Baidu Inc. has set aside 1 billion yuan ($140 million) to fund Chinese startups that explore generative AI, joining a global investment wave keen on riding a frenzy around ChatGPT-like services.

At the start of 2022, Saab AB was struggling to attract investors. Its automotive unit long gone, the Swedish maker of Gripen fighter jets found itself shunned by fund managers wary of backing companies that profit from selling weapons.