Swedes Warm Up to Euro as Krona Approaches All-Time Lows
The Swedish population has become less hostile to the idea of adopting the euro as the krona is trading near its weakest levels ever.
Bloomberg Business
China Big Four State Banks Said to Cut Dollar Deposit Rates
China’s four big state lenders have effectively cut dollar deposit rates, according to people familiar with the matter, at a time when strong demand for the US currency in the banking system helped push the yuan to a six-month low.
Apollo’s Kleinman Says PE Needs Old Skills With Rates High
Apollo Global Management Inc.’s Co-President Scott Kleinman said private equity firms need to return to old-fashioned bargain hunting as they can no longer rely on debt to juice returns.
SBI Forms Joint Venture to Set Up Carbon Exchange in Japan
Japanese financial conglomerate SBI Holdings Inc. and climate tech startup Asuene Inc. have entered a joint venture to set up a carbon exchange in the Asian nation that will open around October.