Shares of Samsung Electronics Co. are on track to underperform those of its smaller memory-chip rival SK Hynix Inc. by the most in a decade as investors bet the latter will be the winner in artificial intelligence.
South Korea’s early exports returned to growth for the first time in more than a year in another indication of recovering external demand that will offer some reassurance to investors and policymakers monitoring the health of global commerce.
Singapore will centralize natural gas purchases in a bid to improve the stability and security of its power sector.
Oil edged lower — after two weeks of gains — as Israel held off on its ground invasion of Gaza amid diplomatic efforts to secure the release of more hostages.
Hon Hai Precision Industry Co. fell its most in more than three months after Beijing launched a series of investigations into its operations in China, targeting a key Apple Inc. supplier and one of the country’s largest employers.
Stonepeak Partners has agreed to buy Textainer Group Holdings Ltd. in a deal that gives the container leasing firm an enterprise value of about $7.4 billion.
The BOJ is likely to tighten during the first half of 2024, a majority says in Bloomberg survey
Unplanned coal power plant outages, the impact of natural disasters on transmission lines and huge deployments of rooftop solar have made Australia the world’s most volatile power market, according to Rystad Energy.
Argentina’s elections never seem to fail to surprise. In the latest twist, the word on the street is that Economy Minister Sergio Massa has put up an unexpectedly strong performance in the presidential vote.
Active asset managers have been bleeding cash, and strategies to stem the outflows haven’t had much effect. Many may not survive a bear market.
