Didi’s Apps Reappear on Mobile Stores in Comeback’s First Step
Didi Global Inc.’s main apps have returned to the country’s biggest mobile stores, allowing the ride-hailing giant to resume growth after more than a year spent in regulatory limbo.
Bloomberg Business
Peru Protesters Gather in Lima in Bid to Topple Boluarte Government
(Bloomberg) — Peruvian police in riot gear fired tear gas near congress Thursday as protesters massed in downtown Lima to try to topple the fragile government of President Dina Boluarte.
Hong Kong Worker Shortage Ruins Reopening for Restaurants and Shops
(Bloomberg) — Hong Kong’s services industries are ill-equipped to benefit from an expected increase in business as the city reopens because they are struggling to convince workers to return.
Qantas Suffers Third Midair Mechanical Issue in Three Days
A Qantas Airways Ltd. flight to Sydney returned to Melbourne with potential engine trouble, the airline’s third consecutive day of mid-air mechanical issues following a mayday alert by a plane en route from Auckland.
China Oil Giants See Profits Surge on Higher Fuel Prices
China’s oil giants said preliminary net income for last year surged due to rising overseas fuel prices and Beijing’s emphasis on energy security.
Infosys CEO Signals M&A Ramp-Up as Economic Outlook Brightens
Infosys Ltd. is preparing to accelerate its pace of acquisitions, taking advantage of more sensible valuations and a return of IT spending when economies stabilize.
China Injects Record Amount of Cash This Week Before Holidays
China’s central bank has pumped a record amount of short-term cash into the banking system this week as demand rose following the removal of Covid restrictions and ahead of the Lunar New Year holidays.
Hong Kong Home Prices to Drop 10% Before Rebound, Goldman Says
Goldman Sachs Group Inc. has raised its forecasts for Hong Kong home prices, citing the border’s reopening along with an improving economic outlook and equity market recovery.
Jack Ma Lands in Hong Kong on Latest Stop of a Global Tour
Alibaba Group Holding Ltd. co-founder Jack Ma is in Hong Kong for a series of meetings with tech and finance executives, sustaining a recent flurry of activity that’s taken him round the world in the span of months.
Bank DKI Considers $200 Million Jakarta IPO as Soon as 2023
PT Bank DKI, one of Indonesia’s biggest regional development banks, is considering an initial public offering in Jakarta that could raise $150 million to $200 million, according to people familiar with the matter.
