Bangladesh allowed dealers to add a premium on non-deliverable forward contracts for the first time, as the central bank stepped up efforts to loosen its control on the currency.
65 Equity Partners, an asset manager backed by Singapore state-owned investor Temasek Holdings Pte, is strengthening its US and European operations with key hires.
Air France-KLM said the decision to go with Airbus SE for its widebody fleet renewal came down to a complex choice around aircraft range, pricing and slot availability — and the European planemaker’s willingness to be more aggressive to edge out arch-rival Boeing Co.
Prices in China are recovering, according to an independent survey, providing more evidence that the worst may be over for the world’s second-biggest economy and easing fears of a Japan-style deflation for now.
Hyundai Motor Co. and Kia Corp. plan to slash the prices of some electric vehicles as the South Korean government expanded subsidies in a bid to boost flagging demand for clean cars.
Billionaire Xavier Niel is investing €200 million ($212 million) in artificial intelligence, split between a future research lab to be located in Paris, cloud supercomputing capabilities powered by Nvidia Corp. hardware, and funding for startups.
India’s markets regulator is tightening its oversight of trading in shares of tiny businesses, a group that’s more prone to manipulation due to fewer compliance requirements.
Fresh drama at property developers including China Evergrande Group is jeopardizing President Xi Jinping’s latest efforts to end the housing crisis.
China said it’s talking to the US about who will represent the Asian nation at a summit in less than two months, after President Xi Jinping recently skipped a major gathering of world leaders.
Morocco is expected to keep interest rates unchanged for the next quarter to help finance the hefty cost of recovery from a major earthquake and after inflation fell to its lowest in almost a year and a half.
