Bloomberg Business

Germany’s latest wage settlement echoes another notorious pay deal in the 1970s that heralded years of economic malaise, even though there’s less cause for alarm for now.

Power traders in China’s Shandong province can now ask to be paid for taking electricity as the province’s growing rooftop solar capacity threatens to overwhelm the grid.

South Korea is looking to allow a day off on Monday if holidays for Christmas or Buddha’s birthday fall on a weekend, in a bid to boost the economy and give people more time off in the country where workers log some of the longest hours in the developed world.

HSBC Holdings Plc is cutting the base pay it offers some newly-promoted senior investment bankers in the UK by a quarter, ahead of a rule change that would allow higher bonuses.

Singapore home sales reached a five-month high as demand returned after a dwindling supply slowed transactions late last year.

Eco-Shop Marketing Sdn., a budget retail chain in Malaysia, is weighing an initial public offering in Kuala Lumpur that could raise as much as 800 million ringgit ($179 million), according to the people with knowledge of the matter.

Most banking stocks rose across Asia Pacific as concerns over a broader fallout from Silicon Valley Bank’s sudden collapse eased.

Liquidity in the world’s largest bond market is evaporating as the US banking crisis muddies the outlook for the Federal Reserve’s monetary policy.

The US wants to extradite a Russian national it says supplied American-made chips to defense contractors in Russia, despite sanctions