Bloomberg Business

China-focused hedge-fund firm Snow Lake Capital Ltd. has left Hong Kong after 12 years of operating in the city, people familiar with the matter said.

The Bank of Japan should review its yield curve control program under its incoming governor, a former top finance ministry official said ahead of the central bank’s first leadership change in a decade.

China’s yuan has replaced the US dollar as the most traded currency in Russia, a year after the invasion of Ukraine led to a slew of Western sanctions against Moscow.

Guoquan Food (Shanghai) Co., a hotpot and barbecue ingredient supermarket chain, has filed for an initial public offering in Hong Kong.

Teck Resources Ltd. is willing to entertain offers from potential suitors after it finishes the spinoff of its steelmaking coal business, according to people familiar with the matter.

Sumitomo Mitsui Financial Group Inc. is on the hunt for bankers in the US, looking past the recent turmoil and concerns about an economic slowdown to accelerate its North American expansion plans.

The White House on Monday denounced Governor Ron DeSantis of Florida for signing a bill that allows the carrying of a concealed weapon without a permit.

South Korean inflation eased more than expected in March in response to a cooling of energy prices that may prove temporary following OPEC+’s surprise weekend announcement of a cut in oil output.

US Representative George Santos, who embellished his resume by claiming to have worked on Wall Street, will face a Republican primary challenge from someone who actually did — a former JPMorgan Chase & Co. vice president.

With tensions around Taiwan rising and North Korea firing missiles at a blistering pace, lawmakers in neighboring Japan are pushing for a rollout of shelters where its residents can take refuge in the event of an attack.