Indian Prime Minister Narendra Modi’s trip to the US couldn’t have come at a better time. A buzzing economy, equity benchmarks at record highs and a rapidly growing consumer market all make for a great advertisement as he pitches the country’s potential to American corporate executives and investors.
Thailand plans to tighten listing rules as a major accounting scandal, debt defaults and unexplained share gyrations rattle investors, putting the nation’s key stock index on course for its lowest close in more than two years.
Morocco gets investment from Western and Chinese firms to manufacture on Europe’s doorstep — and seeks to avoid picking sides in new Cold War
Netflix Inc. promised to back and cultivate the Korean showrunners and studios behind viral shows like Squid Game, outlining how it plans to spend some of the $2.5 billion it’s earmarked for K-drama.
Australian Treasurer Jim Chalmers expects to decide in July on the governor of the Reserve Bank, with incumbent Philip Lowe’s current term expiring in less than three months. Whether Lowe is extended or replaced, the next head of the central bank will face myriad challenges.
A minority partner in Maple Leaf Sports & Entertainment Ltd. is about to sell shares in a deal that values the Canadian sports company at over $8 billion, according to Sportico.
Japan’s startup equity gauge has accelerated gains in the past few weeks to nearly catch up to the benchmark index, as investors look to smaller stocks to broaden opportunities to ride one of the year’s hottest rallies.
SoftBank Group Corp.’s Vision Fund is preparing to start another round of layoffs as soon as this week, following an approximate 30% reduction last fiscal year, according to people familiar with the matter.
Telecom Italia SpA is restarting efforts to sell a minority stake in its enterprise unit, potentially valued at more than €6 billion ($6.6 billion), as it seeks ways to reduce debt, according to people familiar with the matter.
Activision Blizzard Inc. shareholders handed management everything it wanted at their annual meeting Wednesday, including rejecting a proposal that the company publicly commit to not interfere with union organizing.
