Kioxia Holdings Corp.’s lenders plan to submit a commitment letter in October for the refinancing of ¥2 trillion ($14 billion) in loans to help fund the merger with Western Digital Corp.’s flash memory business that’s still under discussion, according to people familiar with the matter.
A top-performing equity fund with years-long investments in the insulin makers behind the recent weight-loss stock frenzy is betting the rally has further to run.
Meta Platforms Inc. is expanding its WhatsApp payment feature to India, letting users in the country purchase goods and services directly from local businesses via chat.
The Swedish pension fund embroiled in the Silicon Valley Bank crisis this spring is again facing reprimands from the Nordic country’s financial watchdog over its 38% stake in struggling landlord Heimstaden Bostad AB.
Markets may be underestimating the risks of both a US recession and one more interest-rate hike from the Federal Reserve, making haven assets a preferred play, according to Pacific Investment Management Co.
Vietnam’s Prime Minister Pham Minh Chinh is pressing for closer economic and technological ties with the US during his trip to America a week after the two countries upgraded diplomatic ties.
Australia has given up the fight to eradicate a deadly parasite that’s ravaged bee populations across the world after the pest spread rapidly across New South Wales, the nation’s largest honey-producing region.
Japanese brokerages are planning to offer more alternative assets to the nation’s growing number of wealthy investors.
South Korea will extend participation in its emissions trading system and launch futures products under efforts to boost liquidity in the struggling market.
The European Commission approved BeiGene Ltd.’s cancer drug Tevimbra, making it the first medicine of its kind developed in China to become available in the profitable, increasingly crowded western market.
