Bloomberg Tech

Global Money Flocks to India as Modi Hobnobs With Musk, Dalio

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.

Troubles Mount for Thai Firm Hit by Accounting Scam, Default

Bondholders of Stark Corp. Pcl called for immediate payment of about $200 million after a special audit revealed accounting irregularities, the latest trouble for the Thai electrical components maker that’s defaulted on debt and seen its shares plummet to near-zero.