Bloomberg Business

Sharply higher rice costs halted a six-month decline in Philippine inflation in August, adding pressure on the central bank to step up vigilance against price risks.

OpenAI Chief Executive Officer Sam Altman is the first person to get an Indonesian golden visa as Southeast Asia’s largest economy seeks to draw foreign investors.

Italy’s top diplomat tried to reassure China on ties even as Rome looks increasingly likely to withdraw from President’s Xi Jinping’s flagship infrastructure initiative.

Alibaba Group Holding Ltd.’s cloud division is weighing a private round to raise funds from Chinese state-owned enterprises ahead of the business’s market debut in Hong Kong, people with knowledge of the matter said.

Goldman Sachs Group Inc. now sees a 15% chance the US will slide into recession, down from 20% previously as cooling inflation and a still-resilient labor market suggest the Federal Reserve may not need to raise interest rates any further.

Thoma Bravo is in advanced talks to buy health records software company NextGen Healthcare Inc., according to people familiar with the matter.

China-based solar sector supplier GCL Technology Holdings Ltd. is in advanced talks with Saudi Arabia about opening its first overseas factory as the nations aim to extend their energy ties beyond oil.

Singapore Exchange Ltd.’s global head of equity capital markets is departing as the bourse merges the unit with its debt capital markets and corporate client coverage divisions.

Chinese developer Country Garden Holdings Co., one of the world’s most-indebted builders, is entering the final hours of a grace period to pay interest on dollar bonds.

L’Occitane International SA fell by the most on record after its billionaire chairman ended deliberations on a potential deal to take the skin-care company private, a move that would have added to a series of similar buyout deals in Hong Kong.