Bloomberg Business

Pakistan Faces Days More Disruption Even as Blackout Ends

Electricity supply was restored across Pakistan after a nationwide blackout that lasted about 24 hours in some regions, though work to fully reconnect power plants may cause more disruptions in the coming days.

Hedge Fund That Got China Right Sees Risk in US Markets

Investors in US stocks and junk bonds are failing to price in enough risk of recession this year, according to an Asia-focused hedge fund that outperformed the global industry in 2022 with well-timed bets on China’s rebound.

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