Bloomberg Tech

Asian stocks and European equity futures rose on hopes the Federal Reserve may pause rate hikes and ahead of the European Central Bank’s rate decision.

SoftBank Group Corp. satisfied its ambitions for Arm Holdings Plc by raising $4.87 billion in the year’s biggest initial public offering, while resisting the temptation to try for more.

Foxconn Technology Group’s billionaire founder Terry Gou chose an actress famous for portraying a presidential candidate in a recent Netflix series as his running mate in his bid to become leader of Taiwan.

Stocks in Asia climbed on cautious optimism the Federal Reserve may pause rate hikes following the US inflation report that was in line with estimates. The dollar slipped.

The country’s fires this year have emitted 410 million metric tons of carbon, according to Copernicus, and they’re still burning. 

Grab Holdings Ltd. and GoTo Group may face new rules in Singapore after the wealthy city-state said it plans to review regulations and structure governing the fast-growing ride-hailing industry.

Nikko Asset Management Co. is aiming to bolster assets it oversees by about a third to $272 billion in five years, counting on Japanese investors to scoop up riskier securities as inflation accelerates.

AMC Entertainment Holdings Inc. raised about $325.5 million through the sale of 40 million shares, a move that it said would address a cash crunch as the movie-theater industry rebounds.

Asian stocks rose on cautious optimism after Wall Street largely looked through a US inflation report that was in-line with estimates, reinforcing bets the Federal Reserve may pause rate hikes but signal it’s not over yet.

The autonomous drone company is said to be raising $150 million in the deal