Indonesia’s inflation is poised to return within the central bank’s target as early as this month, in what economists see as a positive surprise for policymakers who had seen that outcome as possible only by August.
The Mexican government is not currently considering giving state oil company Petroleos Mexicanos a capital injection this year to help pay upcoming debt, said Deputy Finance Minister Gabriel Yorio in an interview with Bloomberg News.
One of TikTok’s senior-most officials in charge of ensuring user safety is leaving the company amid increasing pressure for the US government to ban the popular video-sharing app.
Silicon Valley executive Bob Lee, who was stabbed to death in San Francisco last month, had cocaine, ketamine and alcohol in his body when he died, according to an autopsy report released by the city medical examiner’s office.
Advance Intelligence Group, a financial technology firm based in Singapore, has raised $80 million in a round led by existing backers Warburg Pincus and Northstar Group.
Mexico’s government is looking to use a special purpose vehicle with a mix of debt and equity to finance its purchase of Iberdrola assets after the deal closes, said Deputy Finance Minister Gabriel Yorio in an interview with Bloomberg Television.
Shares in Asia fell after Wall Street dropped on renewed concern about the banking sector before a Federal Reserve decision Wednesday where policymakers are expected to raise interest rates.
Just a day after Wall Street breathed a sigh of relief with the rescue of First Republic Bank, a tumble in US regional lenders fueled renewed anxiety over financial stability, sinking stocks across the board and spurring a flight to the safest corners of the market.
The Milken Institute Global Conference is wrapping up its second day in Beverly Hills, bringing together an eclectic mix of attendees, from dealmakers to celebrities.
Consumer electronics giant Dyson Ltd. will open a new plant in Singapore to manufacture next-generation batteries for new products as it ramps up software, artificial intelligence and product development globally.
