Bloomberg Business

The Singapore police are waiting for documents from at least nine financial institutions in their probe into one of the biggest money laundering cases in the country.

President Xi Jinping failed to attend a business forum in South Africa where he was expected to deliver a speech defending China’s economy and its support for emerging markets, as fears mount that the Asian nation’s struggles could cause global turbulence.

China vowed to take “necessary steps” to safeguard food safety and the marine environment after Japan set a date to begin flushing treated nuclear wastewater from the Fukushima site into the Pacific Ocean.

Asian equities traded mixed as Wall Street’s risk-on mood faded a day after the rally in big tech. Chinese markets returned under pressure despite fresh signs of an earnings recovery among the country’s tech giants.

Japan’s Prime Minister Fumio Kishida is facing pressure to increase spending, even as bond yields at a nine-year high and earlier political promises test his ability to secure further funding for the world’s most indebted developed economy.

Gold isn’t losing its allure, according to a dozen money managers who all told Bloomberg News they expect to maintain or raise their exposure to the precious metal in the coming twelve months.

Gas infrastructure operator APA Group has agreed to a deal for Alinta Energy Pty. Ltd.’s power networks in Australia’s mining heartland worth A$1.72 billion ($1.1 billion), including debt.

Washington will impose visa limits on some officials in China for their part in forcing Tibetan children to assimilate into mainstream Chinese society, Secretary of State Antony Blinken said Tuesday.

President Joe Biden’s security pledges with once feuding neighbors Japan and South Korea at historic talks bolstered US military power in Asia. That’s made China look increasingly isolated in its own backyard.

Australia is considering appointing an outsider as the new deputy governor of its central bank, as an overhaul of the institution gets underway.