Bloomberg Business

Rakiza, an infrastructure fund investing in Oman and Saudi Arabia, said it raised $1 billion for its first vehicle and is close to its first deal in the kingdom.

Germany is expanding scientific cooperation with Taiwan in areas including chips, a move that may help cement bilateral relations but also risks angering China.

Police in India’s border state of Punjab continued their hunt for a fugitive Sikh separatist leader for a fourth day — with mobile internet services for the region’s more than 27 million people cut off to prevent his supporters from gathering.

Some of the world’s biggest investors are looking beyond interest-rate hikes, bank failures and the threat of recession to one of the greatest fears of all money managers — missing out on the next big rally.

The International Monetary Fund approved a $3 billion loan program for Sri Lanka to bolster its economy and urged for swift progress in talks on debt structuring between the bankrupt nation and its creditors.

The International Monetary Fund said Pakistan has a few more tasks before it can unlock a $6.5 billion loan to avoid a default, putting pressure on the government to secure assurances from countries that have promised financing support.

OpenAI temporarily shut down its popular ChatGPT service on Monday morning after receiving reports of a bug that allowed some users to see the titles of other users’ chat histories.

In the world of gasoline cars, Japan’s automakers are king. Toyota Motor Corp. has held the title of the world’s No. 1 car company for the past three years, while Honda Motor Co. and Nissan Motor Co. remain global best sellers.

Nordea Asset Management AB bought financial stocks in Asia amid this month’s global rout in the sector, as it remains optimistic about their earnings growth prospects.

China has nearly doubled imports of Russian aluminum in the year since the invasion of Ukraine, as some western buyers shun the metal from the major commodity supplier.