Bloomberg Nachrichten

 

India's rupee strengthened the most in seven months versus the dollar after the central bank sold dollars aggressively to support the currency....

The head of Japan's auto workers union said he's concerned that if the central raises its benchmark interest rate Friday — as is widely expected — the move could weigh on companies' ability to raise wages in the coming fiscal year....

The Philippines denied claims it is an ISIS hotspot, with no confirmed report that the Bondi shooters received any form of training in the country....

China is selling large volumes of soybeans from its state reserves, as it steps up purchases from the US to fulfill an apparent agreement between the two countries in late October....

Iron ore futures ticked up for a second day, even as data signaled weakness in China's steel demand....

Cboe Global Markets Inc.'s Australian unit is receiving strong demand for its listings market and signaled more initial public offerings from miners, even after its parent company initiated a sales process for the firm....

Chinese President Xi Jinping has expressed full support for Hong Kong Chief Executive John Lee, praising his administration's performance after a year defined by a deadly fire, a financial turnaround and the conviction of the city's top national security target....

Copper gained as investors await the US inflation data that could impact the Federal Reserve's stance on further rate cuts....

South Korean super-app Toss has brought in investors including Singapore sovereign wealth fund GIC Pte and investment firms Baillie Gifford, Wellington, and WCM, people familiar with the matter said....

OpenAI is in discussions to raise at least $10 billion of investment from Amazon.com Inc. and use the online retailer's AI chips, the Information reported, citing people familiar with the discussions....

Semiconductor materials linchpin Resonac Holdings Corp. is eyeing solid growth from Beijing's ambition to build its own chip industry, leaving the door open for further investment in China in the years ahead....

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:...

Robinhood Markets Inc. is rolling out additional sports-wagering capabilities, such as preset combination contracts for professional football games....

The South Korean won dropped to the lowest level in over eight months amid foreign funds' selling of local stocks and steady demand for the dollar....

Japan's households stepped up their quest for yield by boosting risk assets to more than a fifth of their total assets for the first time, as prolonged inflation erodes the value of cash holdings....

Digital banking firm PT Super Bank Indonesia surged 24%, hitting the daily trading limit, on its Jakarta debut following an initial public offering that ranks as Indonesia's second largest this year....

HashKey Holdings, operator of Hong Kong's largest licensed cryptocurrency exchange, made its trading debut on Wednesday after an initial public offering that raised HK$1.6 billion ($206 million). The company's chairman and CEO Xiao Feng discusses the timing of the IPO, crypto regulations and profitability in an exclusive interview with Bloomberg TV's Minmin Low. (Source: Bloomberg)...

Hidehito Takahashi, President and CEO of Resonac, discusses his outlook for demand and business growth for the Japanese semiconductor materials supplier, and says the company will seek to procure rare earths from Australia and Europe. He speaks with Annabelle Droulers and Avril Hong on "Bloomberg: The Asia Trade". (Source: Bloomberg)...

An unusual trade by an Indian exchange-traded fund has helped it edge past the benchmark it's designed to mirror, a rarity in an era dominated by passive investing....

Irate lawmakers grilled executives from Coupang over South Korea's biggest-ever data breach at a testy hearing that underscored rising public anger with the country's dominant online retailer....