Bloomberg Top News

Korea to Seek Alternative Graphite Source if Shortage Hits

South Korea’s trade minister said his country is prepared to look for alternative sources of graphite if China’s newly strengthened export controls on the key material used in electric-vehicle batteries cause a severe shortage.

Adani Refinances $3.5 Billion in One of Asia’s Biggest Loans

Billionaire Gautam Adani-controlled Adani Group has completed a $3.5 billion funding package to refinance debt used to purchase Ambuja Cements Ltd. and ACC Ltd., in a growing sign of confidence among creditors in the conglomerate that faced a scathing short seller attack in January.