Japan’s financial regulator penalized <-bsp-bb-link state="{"bbHref":"bbg://securities/8306%20JP%20Equity","_id":"00000190-48ac-d497-a7fb-ecad406b0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Mitsubishi UFJ Financial Group Inc.’s flagship banking unit and two joint ventures for violating client confidentiality rules, potentially dealing a further blow to their business.
A Hong Kong court has given Chinese developer <-bsp-bb-link state="{"bbHref":"bbg://securities/1638%20HK%20Equity","_id":"00000190-488c-d497-a7fb-ec8d35e70000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Kaisa Group Holdings Ltd. seven more weeks to work on its debt restructuring plan in order to avoid being liquidated, but also warned this might be the company’s last chance.
Asian <-rte-company state="{"_id":"00000190-4887-d497-a7fb-ec8fa20b0000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">equitiesfell as traders geared up for a week of political risks and inflation data which may help guide bets on the outlook for global interest rates.
The commute from Mar-a-Lago to the Breakers is about 10 minutes. In early March, <-bsp-bb-link state="{"bbHref":"bbg://screens/BBIO%201252249","_id":"00000190-486c-d497-a7fb-ec6d4c880000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Donald Trump ventured over to his Palm Beach club’s venerable counterpart for an awkward peacemaking mission aimed at the <-bsp-bb-link state="{"bbHref":"bbg://securities/0235144Z%20US%20Equity","_id":"00000190-486c-d497-a7fb-ec6d4c880001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Club for Growth, an antitax political advocacy group. The year before, the group had <-bsp-bb-link state="{"bbHref":"bbg://news/stories/RY3T2HDWX2PS","_id":"00000190-486c-d497-a7fb-ec6d4c880002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">shunned Trump, leaving him off the invite list to its annual economic retreat while welcoming almost every Republican presidential hopeful: <-bsp-bb-link state="{"bbHref":"bbg://people/profile/16701582","_id":"00000190-486c-d497-a7fb-ec6d4c880003","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Nikki Haley, <-bsp-bb-link state="{"bbHref":"bbg://people/profile/17685322","_id":"00000190-486c-d497-a7fb-ec6d4c880004","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Ron DeSantis, <-bsp-bb-link state="{"bbHref":"bbg://people/profile/3509248","_id":"00000190-486c-d497-a7fb-ec6d4c880005","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Mike Pence, <-bsp-bb-link state="{"bbHref":"bbg://people/profile/15420487","_id":"00000190-486c-d497-a7fb-ec6d4c880006","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Vivek Ramaswamy. But in 2024, with those candidacies reduced to distant memory, Trump had the spotlight to himself.
Prabdev Singh, chief executive officer of JPMorgan Chase & Co.’s bank in India, has stepped down before the end of his term.
Indonesian state-run power utility’s dollar bonds have suffered the most in Asia over the past two weeks due to rising concerns about the nation’s debt. This has pressured local borrowers, who face $6 billion in maturities through the end of 2025.
<-bsp-bb-link state="{"bbHref":"bbg://securities/1624796D%20CH%20Equity","_id":"00000190-46e2-d497-a7fb-eeef936a0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Binance’s General Counsel Eleanor Hughes has a lot to keep her busy, ranging from the giant crypto exchange’s testy dispute with Nigerian officials to strict monitoring by US authorities as part of a landmark <-bsp-bb-link state="{"bbDocId":"S4HQUFDWX2PS","_id":"00000190-46e2-d497-a7fb-eeef936a0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">plea deal.
Hospital operator <-rte-company state="{"_id":"00000190-3cfa-d497-a7fb-fcff7af30000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Ardent Health Partners Inc., whose majority owner is Equity Group Investments, has filed again for an initial public offering.
<-bsp-bb-link state="{"bbHref":"bbg://screens/DMMV","_id":"00000190-46e2-d497-a7fb-eeef93c50000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Wall Street’s massive expiration of options not only left <-bsp-bb-link state="{"bbHref":"bbg://screens/WEI","_id":"00000190-46e2-d497-a7fb-eeef93c50002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">stock traders more cautious, it also drove one of the leaders of the bull market to a roller-coaster ride. <-rte-company state="{"_id":"00000190-46e2-d497-a7fb-eeef93c50004","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Volume soared at the close of trading.
Four of the biggest banks on Wall Street must improve their blueprints for a hypothetical wind-down after top US regulators found weaknesses in their plans.
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