Bloomberg Business

India is looking to procure more natural gas from abroad as a heat wave pushes the nation’s power demand to record levels.

Australia, one of the world’s biggest per-capita polluters, intends to start a green financing program from the middle of next year, in the latest move by the government elected in May to end the nation’s reputation as a climate laggard.

One of the most surprising victims of the recent US banking crisis is a Swedish pension fund responsible for managing the retirement funds for a quarter of the country’s population.

Chinese Foreign Minister Qin Gang defended his nation’s development approach at an event attended by foreign executives Friday, while also warning that it will not compromise on Taiwan.

Japan investors bought about 140 billion yen ($1 billion) of Credit Suisse Group AG’s bonds that were written off when the Swiss bank was suddenly sold last month, Finance Minister Shunichi Suzuki said.

China’s Tianqi Lithium Corp. said it’s scrapping its takeover bid for Australian explorer Essential Metals Ltd. after failing to secure enough support from the target’s shareholders.

Sunac China Holdings Ltd. opened as much as 20% higher in Hong Kong after clearing a major hurdle in the restructuring of $9 billion worth of debt.

Sweden’s real estate agents expect no imminent reversal of one of the world’s biggest housing price declines that shaved some 15% off the value of homes in the Nordic country.

Spooked by the threat that China might invade Taiwan, the US wants to cut its dependence on the island’s world-beating microchips. Officials in Taipei believe the Biden administration is going too far.