Bloomberg Business

The Top Investing Tactics of Australia’s Small Pension Funds

The smallest players in Australia’s A$3.3 trillion ($2.3 trillion) pensions industry face a double whammy this year: even more pressure to outperform rivals as they navigate markets still overwhelmed by rate hikes and stubborn inflation.

FTX Token Jumps After New CEO Says Exchange Could Restart

FTX’s controversial FTT token surged by more than 40% after the bankrupt company’s new chief executive, John J. Ray III, said that he’s exploring the possibility of restarting the crypto exchange.

Covid Catastrophe Looms for China’s New Year Travelers

The sudden dismantling of China’s Covid Zero restrictions in December means hundreds of millions of people are headed home for the Lunar New Year holiday for the first time since 2019. The crush of travel risks supercharging the world’s biggest Covid outbreak, spreading it to every corner of the country.

Japan’s King of Deals Looks for Yen at 120 to Launch Global M&A

Minebea Mitsumi Inc. Chief Executive Officer Yoshihisa Kainuma — dubbed the “King of Deals” in Japan — expects the yen to strengthen past a key level of 120 per dollar soon, after which he’s ready to resume actively pursuing foreign acquisitions.

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