Bloomberg Business

China arrested a former member of South Korea’s national men’s soccer team on suspicion of taking bribes, raising tensions between the two nations competing on various economic fronts.

Hedge fund firm Millennium Management has hired two equity special situations specialists in Singapore, according to people familiar with the matter.

Taiwan’s main opposition party is set to nominate New Taipei City Mayor Hou Yu-ih as its candidate for next year’s presidential election, a person familiar with the situation said, as it seeks to wrest back power in a vote crucial to US-China relations.

The UK labor market showed fresh signs of cooling in a boost for bets that interest rates are close to peaking, although accelerating wage growth remained above the Bank of England’s comfort zone.

Russia hasn’t implemented its pledged crude-output cuts, with exports hitting a postwar high as Moscow seeks to boost energy revenue to fund military spending, according to the International Energy Agency,

Land Securities Group Plc marked down the value of its UK real estate portfolio by £848 million ($1.1 billion) last year even as rents for its offices and stores rose.

Global investors resumed selling China bonds in April, missing out on the best rally in six months since the nation reopened.

Pro-royalist members of Thailand’s upper house are facing mounting pressure to back Pita Limjaroenrat as the country’s next premier, after the Move Forward leader staked a claim to form a coalition government of pro-democracy parties that swept Sunday’s election.

The sale of a stake in a massive new uranium mine to Russia prompted an exodus of senior managers at Kazakhstan’s state-run miner.

Rakuten Group Inc. plans to issue new shares to raise as much as ¥332.2 billion ($2.4 billion) to shore up capital depleted by its loss-churning mobile unit.