Bloomberg Business

Australia’s Government Strengthens Grip With By-Election Win

Australian Prime Minister Anthony Albanese won a historic victory at a by-election in the state of Victoria, becoming the first government in more than 100 years to take a district off the opposition outside a national vote.

Booming Jakarta IPO Market Leaves Major Global Venues Behind

Indonesia is proving to be a treasure trove of initial public offerings amid an extended global lull, beating some other major listing venues in total funds raised during the first quarter. And bankers say there’s more to come.

Trump Weighs Bid to Shift NY Criminal Case to Staten Island

Former President Donald Trump’s legal team is considering asking to move his criminal case from Manhattan to the more conservative New York borough of Staten Island out of concern that he won’t be able to get a fair trial, according to a person familiar with the matter.

PGIM Quant Says Big Opportunities Are Lurking in Microcap Space

Being involved in a “crowded trade” is one thing that’s sure to keep investors up at night. In other words, a position that has become so popular that there are few people left to get involved with it — which could mean painful losses if traders decide to rush for the exits.

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