BPI Wealth, which helps manage around $26 billion in assets in the Philippines, is buying longer-term government bonds on expectation the central bank will trim interest rates as inflation eases in the months ahead.
GameSquare Holdings will buy the pioneering influencer company in an all-stock deal.
Credit Suisse’s flagship real estate fund saw the value of its portfolio plunge by 9% in the third quarter as the global property correction accelerated.
There appears to be no end in sight for the multi-billion dollar rout in renewable energy stocks, as a surge in borrowing costs threatens to squeeze returns in the sector for years to come.
Torrent Pharmaceuticals Ltd. has lined up at least $5 billion in funding as the company is seeking to buy a stake in Mumbai-listed drugmaker Cipla Ltd., according to people familiar with the matter.
Sri Lanka’s official creditors will submit a debt restructuring proposal “very soon,” according to a person with knowledge of the matter.
China strengthened export controls on some categories of graphite, a key material in electric vehicle batteries, in a move that would “safeguard national security and interests.”
Death threats and political intimidation have erupted from the struggle to decide the US House speaker, highlighting how extremism and enmity in the American electorate are deepening the political divide in Washington.
Bank of Japan Governor Kazuo Ueda urged Japanese credit unions to undertake proper management of interest rate risks, citing the banking crisis that shook the US financial system earlier this year as well as high uncertainties related to the domestic economy.
Singapore’s dollar surged to an all-time high against the Malaysian ringgit as the latter was weighed down by weaker exports and its widening rate differential with the US.
