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Former Singapore Oil Mogul to Pay Liquidators, HSBC $3.6 Billion

(Bloomberg) -- Singapore’s High Court approved former oil tycoon Lim Oon Kuin’s agreements to pay about $3.59 billion to the liquidators of his company...

Chinese Stocks Soar Most Since 2015, Heading for Bull Market

(Bloomberg) -- Chinese stocks extended one of their most remarkable turnarounds in history, soaring for a ninth straight day as government stimulus entices investors...

China Coal Hub Could Lead Its Energy Transition, Researchers Say

(Bloomberg) -- China’s largest coal-mining hub is primed to spearhead the country’s energy transition with a slate of planned clean power mega-projects in the...

Lombard Odier Dumped Entire China Allocation, Won’t Buy Rebound

(Bloomberg) -- When Michael Strobaek joined Lombard Odier as chief investment officer in November, one of his first big moves was to sell all...

Japan Stocks Poised to Fall on Rate Hike Worries: Markets Wrap

(Bloomberg) -- Japanese stocks are set to slump early Monday after ruling party elections raised expectations of further central bank interest rate hikes. Traders...

Japan Stocks Set to Fall on Rate Hike Fears After Ishiba’s Win

(Bloomberg) -- Japanese stocks will likely tumble after Shigeru Ishiba’s surprise victory in the ruling party’s leadership race raised expectations that interest rates will...

Austrian Far Right Wins Vote But Establishment Set to Govern

(Bloomberg) -- Austria’s traditional political powers are pledging to block the far-right Freedom Party from forming a government following Sunday’s national elections, marking the...

The Hedge Fund Betting Fed Cuts Can’t Revive ‘Failing’ Green Bets

(Bloomberg) -- It’s wrong to expect that a cycle of interest-rate cuts from the Federal Reserve will suddenly revive the green transition, according to...

Gavin Newsom Vetoes California’s Contentious AI Safety Bill

(Bloomberg) -- California Governor Gavin Newsom has vetoed a contentious artificial intelligence safety bill that would have required companies to make sure their AI...

Stocks Are In and Bonds Are Out: Top Trades for the Rest of the Year

(Bloomberg) -- US stocks will outperform the nation’s government and corporate bonds for the rest of this year as the Federal Reserve keeps cutting...

Helene Has the US South Facing Another Deadly Flooding Day

(Bloomberg) -- Floodwaters threaten more damage in Georgia and South Carolina as the US South reels in the aftermath of Hurricane Helene, a storm...

Far Right Wins First Austrian Vote With Top Job Uncertain

(Bloomberg) -- The leader of Austria’s far-right Freedom Party said he’ll start negotiations on a new government coalition after an historic victory — yet...

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