Ultra-wealthy overwhelmingly back Donald Trump’s party over Democrats as money floods into midterms race

Patrick Drahi’s sale of 50% stake in OXG will deprive joint venture partner Vodafone of potentially substantial future earnings

Reducing the speed of innovation is going to be hard, both practically and politically, but it is the right decision

Traders are treating Romanian bonds as the European Union’s only junk-rated sovereign debt, with the country’s high yields luring investors despite a protracted political crisis in Bucharest.

Hong Kong pledged to accelerate the development of a technology hub near mainland China, building on previous measures to create momentum for the ambitious multibillion-dollar project.

New Zealand’s parliament passed legislation enabling a free-trade agreement with India, clearing the way for a deal Prime Minister Christopher Luxon has described as “once-in-a-generation.”

Kher Sheng Lee, MD and APAC Co-Head at the Alternative Investment Management Association, says his industry group looks forward to more accommodative measures that will help the industry expand in Hong Kong. (Source: Bloomberg)

South Korea’s PanStar Group plans to expand Arctic container voyages from next year after completing a trial run to Europe in about 20 days, betting that a seasonal service focused on high-value cargo can compete with larger Chinese operators.

A sense of unease is gripping India’s bond traders as they fear the central bank’s push to drain excess cash from the financial system, just as inflation picks up and a global debt selloff intensifies, will spark an extended slump.

Oil dropped as a rally driven by supply disruptions left gains looking overdone, and a US industry report pointed to a rise in stockpiles. The situation in the Middle East remains on an escalatory path, with threats to passage through the Red Sea and Hormuz, alongside pipeline damage in Saudi Arabia