European Gas Surges Ahead of Key LNG Strike Talks in Australia
European natural gas soared as traders focused on negotiations over potential worker strikes at facilities in Australia, a move that could disrupt the global market for the fuel.
Bloomberg Business
Hong Kong Curbs Japanese Food Imports on Fukushima Discharge
Hong Kong will impose import curbs on seafood to seaweed from parts of Japan in response to a contentious plan to start releasing treated wastewater from the wrecked Fukushima nuclear plant into the Pacific Ocean.
Canada Pension Joins Startup at $100 Million Reforestation Fund
Canada’s largest pension fund has joined a project to produce carbon credits by planting more than 100 native tree species on degraded land in Brazil’s Amazon region.
Maui Fire Victims Pursue Legal Tactic That Led to $13.5 Billion California Settlement
Hawaii property owners are seizing on a legal shortcut used by fire victims in California to secure compensation from Hawaiian Electric Industries Inc. for damages following the fires that ravaged Maui.
Biden Names Former Prosecutor Ed Siskel as Top White House Lawyer
President Joe Biden named Ed Siskel to be the new White House counsel as investigations into the president’s previous handling of classified materials and his son’s business dealings ramp up.
Deutsche Bank Is Creditor to Alleged Launderers’ Singapore Firm
Deutsche Bank AG is a creditor to a Singapore company whose two directors were arrested for their roles in an alleged money laundering and forgery ring.
China’s Firmer Stance on Yuan Sparks Relief in Emerging Markets
Signs that China is becoming more forceful in supporting its markets provided some relief for developing-nation assets battered by concerns over the world’s second-largest economy.
Investors See Private Credit Performing Better in Coming Year
Most investors think private debt will perform better in the coming year and just over half aim to increase their allocation to the burgeoning asset class, according to a survey by data provider Preqin.
Losses on BOE QE Program Cost UK Taxpayers Almost £30 Billion in Past Year
The UK government transferred £14.3 billion ($18.3 billion) to the Bank of England in July, the single biggest state transfer to the bank on record, in order to meet shortfalls in its monetary stimulus program.
Srettha’s Premier Vote Win May Spur More Gains in Thai Assets
Former property tycoon Srettha Thavisin won the parliamentary vote to become Thailand’s new prime minister, raising hope for a further rally in the country’s assets after being battered for months due to political stalemate.