My partner of 17 years left me his $1 million home. His children are crying foul. Am I obliged to split it with them?New!!
“I never paid rent, although I put about $45,000 toward a new kitchen and a roof.”
China, Russia Signal Resilient Ties Amid US MovesNew!!
Bloomberg's Minmin Low says Beijing and Moscow are doubling down on strategic and energy ties following Vladimir Putin’s meetings with US envoy Steve Witkoff, signaling close bilateral coordination amid shifting global diplomacy. (Source: Bloomberg)
Korea Neocloud Firm Elice Tops IPO Price in Second-Day RallyNew!!
South Korean neocloud-service provider Elice Inc.’s shares rose for a second straight day, climbing above their IPO price and suggesting investors remain committed to AI growth bets.
AI-Trade Flounders After Tech Earnings, Oil Gains: Markets WrapNew!!
Stocks fell as earnings from megacap companies failed to reassure investors about the durability of the rebound in the artificial intelligence trade this week. Crude oil climbed after tensions flared in the Middle East.
Jio IPO Sees Overwhelming Demand on Day One Even as Nifty StrugglesNew!!
The enthusiasm for Jio’s IPO stands in sharp contrast to the Reliance group’s recent stock-market performance.
Latest Oil Market News and Analysis for Oct. 22New!!
Oil advanced after deadly attacks in Saudi Arabia heightened concerns that escalating Middle East hostilities could hit supply, even as exports through the Strait of Hormuz accelerate.
Barclays APAC CEO: Japan, India are Key MarketsNew!!
Jaideep Khanna, Asia Pacific CEO at Barclays, discusses the bank's regional business strategy and key growth opportunities. He speaks with Haslinda Amin from the sidelines of the Barclays Asia Forum in Singapore. (Source: Bloomberg)
MiniMax Erases Post-IPO Gain as AI Model Rivalry IntensifiesNew!!
MiniMax Group Inc. shares wiped out all of their gains since their January trading debut, as intense rivalry forces investors to reassess the Chinese artificial intelligence model developer.
China Stock Rescue Needs More State Buying to Work, BI SaysNew!!
China’s national team may need to accelerate stock purchases after the benchmark notched a record losing streak, though state-backed buying alone may not be enough to put the market on a sustained recovery, according to Bloomberg Intelligence.
Indonesian Stocks Fall as Concerns Over MSCI’s Downgrade ReturnNew!!
Indonesian shares declined, ending a two-day rebound in a sign of fresh worries about MSCI Inc.’s warning to downgrade the Southeast Asian country.