Bloomberg Business

The Hong Kong Monetary Authority maintained its base rate at 5.75% on Thursday as the US Federal Reserve paused its cycle of hiking rates.

Signs that record Egyptian inflation is finally starting to slow may prompt the central bank to keep interest rates on hold Thursday, following a surprise hike last month.

Kurt Baker, a Millennium Management alumnus and former head of Morgan Stanley’s Asia prime brokerage, is seeking nearly $3 billion in capital commitments for a multi-manager hedge fund firm to rival the likes of Citadel in the region, according to a person with knowledge of the matter.

Private equity fund Japan Industrial Partners Inc.’s successful tender offer for Toshiba Corp. paves the way for a ¥2 trillion ($13.5 billion) buyout that would end the electronics group’s 74-year-long run as a listed entity.

Investors in New York who’ve been told that tackling inflation is Turkey’s “No. 1 priority” are about to find out just how far the central bank is willing to go to rein in price growth running at almost 60%.

The cost of a full English breakfast has risen to the highest on record even as broader measures of inflation ease, a sign of just how hard it is for British consumers to shake off rising food prices.

As he prepares to be knighted next month by King Charles III, former Murdoch lieutenant and one-time Prime Ministerial adviser William Lewis is once again at the heart of media intrigue — just how he seems to like it.

Indonesia’s parliament passed into law the $216 billion state budget for 2024 that will help President Joko Widodo accelerate development projects in his final year.

The Biden administration needs to toughen trade enforcement to guard against unfair competition from Chinese solar suppliers as module prices plummet to record lows, according to the chief of the biggest US panel maker.