Hong Kong Existing-Home Prices Drop to Six-Year Low
Hong Kong’s existing-home prices dropped to the lowest level since April 2017 in the latest sign of an extended slump in the city’s residential property market.
$82 Billion Wealth Manager Is Betting on Philippine Bonds
BPI Wealth, which helps manage around $26 billion in assets in the Philippines, is buying longer-term government bonds on expectation the central bank will trim interest rates as inflation eases in the months ahead.
FaZe Clan Is Merging With Company Backed By Jerry Jones
GameSquare Holdings will buy the pioneering influencer company in an all-stock deal.
FaZe Clan Is Merging With Company Backed By Jerry Jones
GameSquare Holdings will buy the pioneering influencer company in an all-stock deal.
Woes Grow at Credit Suisse’s Ailing Property Funds
Credit Suisse’s flagship real estate fund saw the value of its portfolio plunge by 9% in the third quarter as the global property correction accelerated.
Torrent Said to Line Up At Least $5 Billion Funds for Cipla Deal
Torrent Pharmaceuticals Ltd. has lined up at least $5 billion in funding as the company is seeking to buy a stake in Mumbai-listed drugmaker Cipla Ltd., according to people familiar with the matter.
Israel Latest: Strikes on Gaza and Hezbollah as Tensions Spread
Israel’s military said it struck Hamas targets in Gaza overnight and hit Hezbollah assets in response to fire from Lebanon, where the Iran-backed group is based.
Sri Lanka Official Creditors Set to Make Restructuring Proposal
Sri Lanka’s official creditors will submit a debt restructuring proposal “very soon,” according to a person with knowledge of the matter.
South 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 lead to a severe shortage.
China Tightens Export Controls on Battery-Making Graphite
China strengthened export controls on some categories of graphite, a key material in electric vehicle batteries, in a move that would “safeguard national security and interests.”