Japan’s households cut back spending in July as persistent inflation continued to erode purchasing power, adding pressure on the government to ramp up aid when it unveils a fresh batch of economic measures in coming weeks.
A Singapore money laundering probe involving more than S$1 billion ($740 million) is shining a light on fund flows from abroad and raising questions about loopholes that enabled an alleged crime syndicate to accumulate luxury property, Bentley cars and cryptocurrency.
Elon Musk is blaming the Anti-Defamation League (ADL) for a slump in US advertising revenue on X Corp., the social media platform formerly known as Twitter.
Asian workers are coming back, European nations are adopting new policies and US employers are fending for themselves.
Deutsche Bank AG is facing a probe by Germany’s financial supervisor after it failed to remedy software issues at its retail unit Postbank that contributed to disruptions of customer business.
Belgium sold €21.9 billion euros ($23.7 billion) of bonds to households on Monday, Europe’s biggest-ever debt offering targeted exclusively at retail investors, according to data compiled by Bloomberg, as the nation sent a message to banks that have been slow to raise saving rates.
Europe’s automakers are showing off their latest battery-powered vehicles at the IAA Mobility car show this week as they try to challenge Tesla Inc. and fend off growing competition from China.
A dose of reality is tempering the outlook for Arm Ltd.’s public listing as the chip designer kicks off its roadshow this week, lowering expectations of both the valuation and the amount to be raised.
Russia is close to an agreement with Turkey to set up a natural gas trading hub as the Kremlin seeks alternative export routes for the fuel.
Barclays Plc is considering the sale of a stake in its merchant-acquiring business in the UK as part of efforts to boost its lagging share price, according to people familiar with the matter.
