Bloomberg Business

Regulators should have been focusing on the signs of looming failure in the traditional banking system instead of blocking decentralized financial platforms, Cathie Wood said.

South Korea’s president sees a deal to end a feud with Japan opening the way to better business ties between the neighbors that could bolster global supply chains of semiconductors and steady their economic relations with China.

Indonesian metal and mining firm PT Trimegah Bangun Persada started taking orders on Wednesday for an initial public offering of as much as $647 million, according to terms of the deal seen by Bloomberg News.

Asset managers including Invesco Ltd. and Franklin Resources Inc. added shares of SVB Financial Group in the months before the collapse of Silicon Valley Bank wiped 60% off its stock value in a single day.

Pakistani police clashed with Imran Khan supporters outside the former premier’s home as security officials tried to arrest him for the second time, deepening a political crisis that’s overshadowing the nation’s economic turmoil.

Global bond markets have declared that the steepest global monetary tightening campaign in a generation has nearly run its course.

Australia’s slowing economy and rising interest rates are likely to drive higher housing and business loan losses for banks, regulators said, while adding that lenders’ “unquestionably strong” capital requirements mean they can withstand any shock.

Blackstone Real Estate Income Trust Inc., the Blackstone Inc. fund for affluent individual investors, reported its biggest monthly total return in six months as February’s dividend payments and rising rents offset a decline in property valuations.

The company behind former President Donald Trump’s Truth Social has trimmed staff while awaiting regulatory approval for a merger that offers a financial lifeline, according to two people with knowledge of the matter.

South Korea’s unemployment rate unexpectedly declined in February, suggesting the labor market is holding up in the face of elevated interest rates and slumping exports.