Bloomberg Business

UK inflation dipped for a second month in December, boosting hopes that the worst cost-of-living crisis in a generation may be starting to ease.

Billionaire Andrew Forrest sees an opportunity to export green fuels to Singapore after the collapse of a A$30 billion ($21 billion) project to supply clean electricity from Australia.

Black Sesame Technologies, a developer of artificial intelligence chips and systems for cars, is considering a Hong Kong initial public offering that could raise about $200 million, according to people familiar with the matter.

Taiwan’s economy unexpectedly shrank last quarter, recording its worst contraction since the global financial crisis as waning global demand brought to an end a pandemic-fueled trade boom.

The Congressional standoff over raising the limit on US federal borrowing is a risk that neither the country nor the rest of the world ought to face, according to the International Monetary Fund’s No. 2 official said.

The first helicopters in Australia’s new fleet of US-designed Black Hawks will arrive by the end of the year, Deputy Prime Minister Richard Marles said, further strengthening security ties between Canberra and Washington.

South Korean policymakers should consider the impact on the economy and financial stability of their efforts to rein in inflation, central bank Governor Rhee Chang-yong said, signaling a recalibration as a tightening cycle winds down.

Coinbase Global Inc. is halting operations in Japan, less than a month after another major digital asset exchange Kraken announced its withdrawal from the country.

India’s government will likely increase capital expenditure for the next fiscal year, though the size of the jump may be lower than previous budgets because of a broader economic slowdown, said Sonal Varma, an economist for Nomura Holdings Inc.