Bloomberg Top News

The Malaysian budget’s focus on fiscal discipline will boost the government’s credibility in carrying out fiscal reforms, though impact on equities will likely be limited.

Crypto exchanges in Australia will soon be required to hold a financial-services license issued by the markets regulator as the country seeks to support the growth of digital assets while protecting consumers.

Demand for haven assets waned as the trading week began in Asia with the US and its allies attempting to contain the Israel-Hamas war. The New Zealand dollar advanced after voters elected a new government.

The race by Republican presidential contenders to stockpile campaign cash and influential donors ahead of the expensive 2024 primary season is hitting full swing, while President Joe Biden is building a formidable war chest for the general election.

A triumvirate of high oil prices, a surging dollar and geopolitical instability are set to weigh on India and Indonesia among Asia’s emerging markets, while energy exporter Malaysia may prove a rare beneficiary.

A business leader from a wealthy fruit-exporting dynasty, Daniel Noboa, held his lead over socialist candidate Luisa Gonzalez with more than 80% of votes tallied in Ecuador’s presidential runoff.

The bad news keeps coming for Britain’s lettings market, as a surge in mortgage payments pushes more landlords to the brink and threatens to pile extra misery on tenants.

UK home sellers increased their asking prices at the slowest pace for any October since 2008, as economists trimmed their growth forecasts for the wider economy, reports published Monday show.

Almost a third of British consumers are planning to reduce spending on Christmas this year as the burden of lofty inflation weighs on shoppers.

The blistering rally in Japanese stocks has unfairly benefited companies that are flouting the bourse’s campaign to boost valuations, creating a major short opportunity, according to a top-performing hedge fund manager.