Doubts over BYD Co.’s sales targets and smart-car capabilities drove a $12 billion selloff in the Chinese electric-vehicle maker last month, even as it draws closer to Tesla Inc. as the industry’s top seller.
A surge in investments by retail traders and resurgent foreign inflows have put India’s stock market — the world’s fifth biggest — on the verge of a $4 trillion valuation for the first time.
Oil steadied after a three-day loss as Saudi Arabia said recent cuts by OPEC+ would be honored in full and could be extended, pushing back against persistent skepticism over the curbs’ effectiveness.
New World Development Co. Ltd. has accepted a buyback of seven of its dollar bonds for $610.3 million, an effort to shore up its finances amid a long-running slump in China’s property sector.
RRJ Capital, the private equity firm founded by former Goldman Sachs Group Inc. banker Richard Ong, is seeking to raise as much as $2 billion for a new fund that focuses on private credit in Asia.
{{ video.ContentPackages[0].ScheduleStartDateTime | fromNow }}
{{ currentStream.Desc }}