Bloomberg Business

Sumitomo Mitsui Financial Group Inc. is seeking to become more of a dealmaker in the US, after a big bet it’s taking in Wall Street firm Jefferies Financial Group Inc.

UBS Group AG has hired Credit Suisse Group AG’s former Australian equity capital markets syndicate banking head Tim Usasz.

South Korea believes the US may reduce the tax credits in President Joe Biden’s landmark clean energy law, which encourages automakers to manufacture electric cars in the US, should Republicans come to power.

Apple Inc. and Samsung Electronics Co. are among companies interested in increasing electronics production in India, a minister said, a boon for the country’s push to challenge neighboring China as a manufacturing hub.

Hong Kong set aside an extra HK$5 billion ($640 million) for a special national security fund.

(Bloomberg) — This year’s extraordinary calm on Italian bond markets is about to be tested, as a possible demotion to junk credit status and Europe’s tighter financial conditions threaten a rise in borrowing costs.

A magnitude 7.7 earthquake in the South Pacific poses a tsunami risk for island nations such as Vanuatu and may affect Australia and New Zealand, authorities said.

Thailand’s election-winning Move Forward Party had a TikTok advantage: while all the country’s big parties used social media to get their message out, Move Forward did it more effectively and creatively, helping it capture younger voters and outperform pre-balloting polls.

A diverse group of Montana TikTok creators with hundreds of thousands of followers sued to challenge the first statewide ban of the popular app, arguing the law violates free-speech rights and will disrupt their livelihoods.

President Xi Jinping said China is ready to help Central Asian nations bolster their security and defense capabilities as he wrapped a summit of the region’s leaders, underscoring Beijing’s efforts to deepen its influence there as an expansionist Russia raises fresh security issues.