Bloomberg Top News

Australia’s housing market suffered its biggest annual decline since 2008 last year as sharp interest rate hikes sapped buying power and put off investors.

Canada’s merger court released its full decision allowing Rogers Communications Inc.’s takeover of a rival, starting the clock on a critical four-week period to close the deal.

Turnaround hopes for Asian equities abound after a near $5 trillion wipeout in valuation, with investors betting some of the biggest bugbears of last year will evolve into tailwinds for 2023.

The race to be Southeast Asia’s best-performing currency in 2023 looks like being between the Thai baht and Singapore dollar.

The yen strengthened toward its highest level since June, European stocks rallied and Brazilian equities fell sharply as global markets gingerly began trading after the tumult of 2022, when rising inflation pushed global stocks and bonds to their worst run in more than a decade.

Yemen plans to start building a port in the Qishn area of the eastern Mahra region at a cost of $130 million in two months, Deputy Transport Minister Naser Shuraif said.

In three decades at Samsung Electronics Co., Yang Hyang-ja helped shape the 84-year-old conglomerate’s present dominance in global memory chipmaking. Now, she’s taking on a far broader challenge: ensuring Korea remains relevant as the US and China fight over semiconductors.

Canada’s merger court released its full decision allowing Rogers Communications Inc.’s takeover of a rival, starting the clock on a critical four-week period to close the deal.

Brazilian assets tumbled on the first session of 2023 as traders digested plans by President Luiz Inacio Lula da Silva to use state-owned companies to drive economic growth.

A Ukrainian strike on a Russian military facility in the occupied eastern town of Makiyivka killed 63 troops being housed there, Russia’s defense ministry said, making it one of the deadliest losses acknowledged by Moscow.