East Ventures, Southeast Asia’s most active early-stage tech investment firm, raised $250 million for its 12th fund, a rare sign of confidence in the global technology sector during a tumultuous year.
Emerging-market currencies are poised to outperform peers in developed markets, as attractive valuations lure investors, according to Wells Fargo & Co.’s Brendan McKenna.
Indonesia is turning to the yen market for a rare sale of blue bonds to raise funds for ocean-related projects.
Australia’s central bank weighed the risk of upside surprises to inflation from a tight labor market and rising home prices when it decided to deliver a surprise interest-rate increase this month.
Michael Burry, the money manager made famous in The Big Short, now has a Big Long when it comes to China. He boosted his bullish bets on e-commerce giants JD.com Inc. and Alibaba Group Holding Ltd. big time, even as other hedge funds cooled on the nation’s reopening trades.
A hostel fire in New Zealand’s capital city Wellington has claimed as many as 10 lives, with several people still unaccounted for.
Allies of former Vice President Mike Pence have formed a political action committee to support him as he moves closer to challenging his former boss Donald Trump for the 2024 Republican presidential nomination.
Elon Musk was issued a subpoena by the US Virgin Islands in its lawsuit accusing JPMorgan Chase & Co. of knowingly benefiting from Jeffrey Epstein’s sex-trafficking.
Multiple explosions were heard in Kyiv early Tuesday, marking the eighth Russian attack on the capital this month.
Taiwan Semiconductor Manufacturing Co. drew mixed bets from top investors in the first quarter, as Warren Buffett closed out his position while hedge funds Tiger Global Management and Coatue Management added new bets.
