Assets with exposure to China look “ridiculously cheap” and Alberta’s investment manager plans to boost such holdings outside the country to take advantage of depressed valuations, its chief executive officer said.
An Australian battery project developer is working with Tesla Inc. to examine the cause of a blaze that impacted a megapack unit at a facility in Queensland.
South Korean equities are on track for their first quarterly outflow of foreign funds in over a year as investors cash out of electric vehicle suppliers following big gains.
Elon Musk’s X was cited as the biggest outlet for Russian disinformation as European Commission Vice President Vera Jourova warned of Slovakia being targeted by pro-Kremlin narratives ahead of an election Saturday.
The US is on track for an Oct. 1 government shutdown despite incremental progress late Tuesday in the House and Senate on rival spending bills.
Peruvian copper production probably will rise through next year before flattening out due to a slowdown in investment, according to the head of the country’s mining society.
Morgan Stanley’s Guy Metcalfe, who helped build out the bank’s real estate banking business, will retire after 33 years at the firm.
McKinsey & Co. is poised to pay $230 million in its latest settlement of lawsuits blaming the company for its role advising opioid manufacturers in their sales of the painkillers.
A planned overhaul of Australia’s central bank will dramatically dilute the governor’s authority and put the institution’s future at “huge risk,” former Reserve Bank chief Ian Macfarlane told The Australian newspaper.
