Bluebell Capital Partners is calling on BlackRock Inc. to replace Chief Executive Officer Larry Fink over what it says are his failures to move the world’s largest money manager beyond investments in fossil fuels.
China’s Politburo, the Communist Party’s top decision-making body, said it will seek a turnaround in the economy next year, pledging to keep fiscal policy active and monetary tools targeted and “forceful.”
Macau casino shares jumped, leading the advance in stocks tied to China’s reopening, after the local government said it will follow mainland’s policy to gradually relax Covid-induced curbs.
Amber Group, one of Asia’s leading crypto platforms, has continued to lay off staff and put a funding round on hold amid turmoil in the digital-asset sector following the bankruptcy of the FTX exchange.
Oil fell for a fourth day as warnings from major US banks of a tough outlook for 2023 stoked concern over demand prospects and dented appetite for risk assets including commodities.
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