Bloomberg Business

Halifax said UK house prices rose at the quickest monthly pace since June, suggesting strength in the property market that may prevent a deep decline.

Kakao Corp., South Korea’s internet giant, launched a tender offer to become the largest shareholder of SM Entertainment Co., boosting the shares to a new high in an escalating battle for control of the K-pop label with entertainment powerhouse Hybe Co.

German factories began the year on an upbeat note, with a surprise increase in January orders.

Valentine’s Day spenders helped to boost UK retail sales in February even though sky-high inflation meant shops were still suffering a squeeze on their margins.

The inaugural launch of Japan’s next-generation rocket was aborted shortly after takeoff after the Japan Aerospace Exploration Agency ordered it to self-destruct and plunge into the ocean, dealing a blow to the country’s aspirations to take on Elon Musk’s SpaceX.

China’s exports and imports continued to decline in the first two months of the year, clouding the outlook for the economy as it gradually begins recovering from Covid restrictions and infection waves.

China Mobile Ltd. has become the third-largest stock listed onshore by market valuation, thanks to a recent trading frenzy driven by artificial intelligence bets and the government’s 6G ambitions.

The Nigerian unit of Heineken NV, the world’s second-largest brewer, had its worst February in 15 years after the central bank drained about 2.1 trillion naira ($4.6 billion) of cash from Africa’s biggest economy.

Australia’s central bank signaled a pause in its 10-month tightening cycle is in prospect, prompting a selloff in the currency after policymakers delivered an expected interest-rate increase on Tuesday.