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CEO of Naspers and Prosus Steps Down
South Africa’s most valuable listed company appoints former SoftBank executive as its interim chief. Source link
Macau Reclaims Crown From Vegas as World's Top Gambling Hub
Fortunes of MGM, Sands and Wynn are rising after they bled cash during years of pandemic border restrictions in the Chinese city. Source link
Beijing Is Caught in a Catch-22 as Economy, Currency Stumble
China wants to boost its sluggish economy and keep its currency stable, but that is proving a difficult juggling act. Source link
Dubai Automaker to Pump Cash Into China Evergrande's EV Business
The Chinese property developer’s fledgling auto unit said NWTN’s $500 million investment would help it meet imminent funding needs. Source link
Chinese Consumers Pinch Pennies on Staples as Pandemic Habits Linger
The average selling prices of toothbrushes, infant formula and makeup are declining as businesses adapt to circumstances. Source link
Governments in China are Propping Up Hong Kong's Ailing IPO Market
Municipalities and state-backed investors that want to drum up more economic activity are buying shares in companies going public. Source link
U.S. Rate Rises Have Hit the Yen Hard, but Now It's Staging a Comeback
Japan’s currency has surged against the dollar this month. Central bank moves look set to boost it further. Source link
U.S. Rate Rises Have Hit the Yen Hard, but Now It's Staging a Comeback
Japan’s currency has surged against the dollar this month. Central bank moves look set to boost it further. Source link
Hong Kong Is Bullish on Crypto. Its Banks Aren't So Sure.
Crypto CEOs used to talk about disrupting the financial system. Now some of them are struggling to find a bank. Source link
Anywhere but China: Asia Stocks Rally Leaves the Biggest Market Behind
China was once the most attractive stock market in the region for global investors, but many have turned their attention elsewhere. Source link