Bloomberg Business

The Hong Kong dollar is rapidly heading toward the weak end of its trading band against the greenback as traders sell the currency to buy higher-yielding US assets.

Public Storage unveiled an unsolicited $11 billion bid Sunday for Life Storage Inc. in a move aimed at boosting profitability.

Tesla Inc. raised the prices of its Model Y SUV in the US late Friday.

India’s weighting in MSCI’s emerging-market benchmark has dropped after the brutal selloff in Adani Group’s stocks, giving away its second spot to Taiwan after a rally in the latter’s market.

If reports are accurate and Masayoshi Amamiya becomes the next Bank of Japan governor, that would be bullish for bonds and weigh on the yen and local financial stocks, according to market participants.

The border between Hong Kong and China fully reopened Monday, part of the city’s campaign to rebuild its battered economy and tourism industry after years of Covid-induced isolation.

Australia’s central bank is all but certain to increase interest rates at its first meeting of the year, with some observers pointing to the risk of a resumption of outsized moves to counter a surprising surge in inflation.

Goldman Sachs Group Inc. is moving a banker with one of the most high-profile investment-banking roles at the firm into a critical sales job outside the dealmaking group.

Mortgage lending is expected to grow at its slowest rate in more than a decade amid Britain’s rising interest rates and falling house prices, according to a report published Monday.