Some South Korean financial institutions may be at risk if bets on overseas property sour, the regulator warned, emphasizing that the likelihood of systemic stress is low.
Global equities posted modest moves at the start of a busy week of data and central bank meetings that will test optimism among investors that interest rates will soon head lower.
The shares of struggling Swedish landlord Oscar Properties Holding AB fell in Stockholm on Monday after a lender again demanded immediate repayment.
Norway’s underlying inflation slowed more than analysts expected last month, likely putting to rest the case for one more interest-rate hike by the central bank this week.
ByteDance Ltd.’s TikTok agreed to invest $1.5 billion in a joint venture with Indonesia’s GoTo Group that it will control, part of a pact that lets the Chinese company restart its shopping app in its biggest online-retail market.
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