Bloomberg Business

Back in early March, Akira Takei had been positioned for Treasury yields to drop and the curve to steepen  — a bet that looked like a long shot. Not anymore.

Ron DeSantis on Monday expressed strong misgivings over US support for Ukraine in its defense against Russia’s invasion, breaking not only with the Biden administration but other prominent Republicans.

Japan is going the extra mile to welcome South Korean President Yoon Suk Yeol to Tokyo with one of his favorite dishes — “omurice,” or fried rice topped with an omelette, according to local media.

Moody’s put all long-term ratings of First Republic Bank on review, as the collapse of Silicon Valley Bank reverberates across the sector.

Rio Tinto Group has begun digging copper from the underground portion of its giant mine in Mongolia, an expansion that will turn the operation into one of the world’s largest, after years of delays, cost blow-outs and billion-dollar disputes with the country’s government.

Chinese state-owned conglomerates China Merchants Group and China Cosco Shipping Corp. are among the firms expressing interest in PSA International Pte’s minority stake in the ports business of Hong Kong’s CK Hutchison Holdings Ltd., according to people familiar with the matter.

Finance Minister Chrystia Freeland met with the head of Canada’s financial regulator in the wake of a US regional bank collapse, with her office emphasizing that domestic institutions are secure.

Amgen Inc. misled investors about its financial health by failing to reveal that it may be on the hook for more than $10 billion in back taxes and penalties, a pension fund claimed in a lawsuit.

Japan’s joint fighter jet project with the UK and Italy will take center stage at a defense show near Tokyo this week, as the country bolsters its defense ties with NATO members and mulls loosening controls on defense exports.