Samsung Asset Management indicated the firm could consider starting a spot Bitcoin exchange-traded fund in Hong Kong if the city allows such products under a push to become an Asia-Pacific center for crypto.
Natural disasters are expected to be among the key factors weighing on the Australian economy in 2023, Treasurer Jim Chalmers said.
Uber Chief Executive Officer Dara Khosrowshahi visited Ukraine, providing a total of $3 million to help buy ambulances.
Taiwan Semiconductor Manufacturing Co. surged as much as 4.6% Friday after investors bet the world’s most valuable chipmaker would be among the first to emerge from an industry downturn in 2023.
(Bloomberg) — Eli Lilly & Co., Novo Nordisk AS and Sanofi were sued by California over insulin prices, which the state claims are inflated through unfair and deceptive practices and disproportionately affect low-income households and people of color.
Hong Kong mortgage applications from mainland Chinese buyers rose to a record high in the fourth quarter, underscoring the group’s growing influence in the city’s property sector.
Fosun International Ltd. is weighing a sale of International Gemological Institute in a deal that could value the diamond-grading firm at about €200 million ($215 million), according to people with knowledge of the matter.
Southeast Asian central banks look like they are close to done fighting inflation using interest rates, with economists seeing the tightening cycle ending after 25- to 50-basis points of moves in the coming months.
Uniqlo owner Fast Retailing Co. dropped the most in eight months after operating profit in the first fiscal quarter fell short of analysts’ average projection due to sluggish sales in China.
The two companies joined Sony in raising issues with the $69 billion transaction, which the FTC has sued to block
