Bloomberg Business

HSBC Holdings Plc has hired Alex Hong from Evercore Inc. to lead the bank’s dealmaking efforts in Singapore.

Texas narrowly skirted a statewide power emergency after unexpected rain brought temporary relief from record heat.

Malaysian conglomerate Sime Darby Bhd. said it’s buying a 61.2% stake in UMW Holdings Bhd. for 3.57 billion ringgit ($769 million) to further strengthen its position in the country’s automobile industry.

Elon Musk’s SpaceX discriminated for years against refugees and people granted political asylum who were seeking jobs at the rocket company, the US Justice Department said in a lawsuit.

European Central Bank Governing Council member Boris Vujcic said officials need more data about the trajectory of inflation to judge whether interest rates have risen far enough.

Japan’s release of treated radioactive wastewater into the sea has sparked outrage across China, triggering a ban on imports and pushing consumers to vent their anger. Some have even started hoarding salt.

European Central Bank Governing Council member Boris Vujcic said officials need more data about the trajectory of inflation to judge whether interest rates have risen far enough.

KKR & Co. has agreed to sell Australian Venue Co., the owner and operator of more than 200 pubs and bars Down Under, to PAG.

Eiko Higuchi took a job in an audio factory employing people with disabilities after an accident left her needing to use a wheelchair. Thirty-five years later, she’s become a master craftswoman, making microphones for recording industry stars like Dr. Dre.

The Philippines is stepping up efforts to make sure people around the world can see for themselves what it says are “aggressive” acts by Chinese ships in the South China Sea in a bid to pressure Beijing to change its ways.