Haidi Stroud-Watts in Sydney and Annabelle Droulers in Singapore drive to the Asia, Australia and New Zealand market opens while wrapping the biggest stories of the previous day on Wall Street. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/2h8GsWX
As Chinese property developer Country Garden Holdings Co. struggles under a mountain of debt, its venture capital arm is considering selling its stake in a chipmaker that may become a target of US sanctions. from Bloomberg Markets https://ift.tt/Wa8xCRh
“Balance of Power” focuses on the intersection of politics and global business. On the show today, Donald Trump was found guilty in the first criminal trial of a former US president in the nation’s history, a verdict that could reshape the political landscape five months before Election Day. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/oiXyvet
China’s factory activity unexpectedly contracted in May, a warning sign from the area of the economy that Beijing is most reliant on to drive growth. from Bloomberg Markets https://ift.tt/cxo20WC
New Zealand’s Defence Minister Judith Collins discusses China’s role in regional security in the South Pacific as well as her country’s plans to review military spending increases. Collins speaks to Bloomberg Television on the sidelines of the Shangri-La Dialogue, an annual defense conference in Singapore. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/te7qDN3
Investors pulled money from exchange-traded funds in China in May for the first time in 15 months, raising questions over the strength of a recent stock market rebound. from Bloomberg Markets https://ift.tt/adoCRcJ
Vista Equity Partners-backed Pluralsight Inc. shifted assets away from its private credit lenders as part of a move to raise fresh financing, according to people with knowledge of the matter. from Bloomberg Markets https://ift.tt/AMYbhJV
Banking giants that once had the most ground to lose to the burgeoning world of private credit keep finding more ways — and much more money — to pump into the sector. from Bloomberg Markets https://ift.tt/1gBEabe
SB Energy, a renewable energy company backed by Ares Management Corp. and SoftBank Group, is exploring raising at least $500 million in growth capital, according to people with knowledge of the matter. from Bloomberg Markets https://ift.tt/izm714w
Oil fell for a third day as a key market gauge highlighted oversupply concerns before an OPEC+ meeting on Sunday. from Bloomberg Markets https://ift.tt/un98KqX