Bloomberg Business

Australia’s housing market declined further in January, resulting in the median price in Sydney dropping below A$1 million ($703,800) for the first time in almost three years.

Foreign flows into local debt in emerging markets are surging, and South Africa is being left behind.

Swiss retail sales fell in December from a year earlier as winter gloom and inflation concerns weighed on consumers.

Hungary’s nationalist government ousted hundreds of senior military leaders in the most far-reaching overhaul of the central European nation’s army since it joined the North Atlantic Treaty Organization.

Britons should brace for “significant” disruption on Wednesday, Prime Minister Rishi Sunak’s spokesman said on Tuesday, as hundreds of thousands of workers prepared to strike across the UK’s railways, schools and civil service.

After successful bets against the world’s major bond markets paid off in 2022, a BlueBay Asset Management fund is positioned for another debt selloff this year.

Billionaire investor Patrick Drahi’s Altice Group sees BT Group Plc as an “undervalued” asset and “fundamentally we continue to like” the firm, Dennis Okhuijsen, a financial adviser to the French telco, said in an interview.

The Adani Group pledged more shares of its ports arm to lenders, reflecting the growing spotlight on the conglomerate’s liquidity amid a short seller attack that has wiped out $69 billion from the market value of Gautam Adani’s empire.

Norway’s sovereign wealth fund has in recent years slashed its exposure to the Adani Group companies below its benchmark following risk assessments on the investments, its chief executive said.

Brookfield Asset Management Ltd. is taking over a secondaries business from Deutsche Bank AG’s asset-management unit as part of a broader push into a growing corner of private markets.