Bloomberg Business

A battered Chinese education stock has become a hedge fund investment darling, soaring 380% since its March-low.

Forever 21, which came to epitomize the fast-fashion movement by selling trendy, of-the-moment clothing to teens at bottom-barrel prices, is relaunching in Japan by quietly overhauling itself as an upmarket clothier.

South Korea’s lending to households fell for the first time on record, highlighting the impact of the central bank’s 18-month tightening cycle that is also weighing on the nation’s property market.

Australia’s central bank considered two options for the size of its first interest-rate increase of 2023, minutes of its February meeting showed, eventually opting for a 25 basis-point adjustment while making a surprisingly hawkish policy shift.

The disappearance of Chinese banker Bao Fan has come as a surprise to even some of his state-owned lenders, several of which are asking his firm for more information as they assess their exposure, according to people familiar with the matter.

SoftBank Group Corp. founder Masayoshi Son increased the amount of stock pledged as collateral to financial institutions to 175.25 million shares, or about 35% of his total stake in the Japanese conglomerate.

Hong Kong outlined a plan to let retail investors trade digital tokens like Bitcoin and Ether, taking a major step toward its goal of becoming a crypto hub in a policy shift that contrasts with a crackdown in the US.

The Japanese subsidiary of Sam Bankman-Fried’s failed crypto exchange plans to reopen withdrawals on Tuesday, making itself the first of the FTX group’s businesses to return money to clients.

The 90-meter super yacht Dar, linked to Russian billionaire Ziyad al Manasir, is currently moored in Singapore’s Marina at Keppel Bay.