Bloomberg Top News

Japanese banks have reduced interest-rate risk and the financial system remains sound despite stresses seen in the US and Europe, the central bank said.

Oil headed for the first weekly loss since last month’s banking crisis, weighed down by concerns over demand and the US economy.

An oil tanker company heavily involved in moving Russian oil lost industry standard insurance for its fleet after falling foul of a Group of Seven price cap relating to the transportation of the nation’s barrels.

China’s push to become self-reliant in the technology sphere is driving more European companies operating there to rethink their research and development plans, according to a report published Friday by the European Union Chamber of Commerce in China.

Russian deliveries of military supplies to India have ground to a halt as the countries struggle to find a payment mechanism that doesn’t violate US sanctions, according to Indian officials with knowledge of the matter.

Rakuten Bank Ltd. surged 38% in its debut in Tokyo on Friday following Japan’s largest initial public offering since 2018.

The two waiters at Cafe la Princiere in downtown Casablanca take turns checking futilely for incoming customers just a few minutes before local mosques announce the end of the daily Ramadan fast.

Carlyle Group Inc. is considering bringing in fresh backers for its investment in McDonald’s Corp.’s Chinese operations, people familiar with the matter said.

Goldman Sachs Group Inc. is standing firm on its bullish outlook for US credit, saying companies can withstand tighter lending standards triggered by banking failures in March.

A former US Secret Service agent who specializes in probing financial cybercrime supported anonymity for creditors in the FTX bankruptcy because of risks from the criminals who stalk the cryptocurrency sector.