Adani Green Energy Ltd. raised funding of $1.36 billion for a massive renewable energy project as the eponymous Indian conglomerate owned by billionaire Gautam Adani continues to regain lender confidence following a brutal short-seller attack earlier this year.
Asian stocks slid as traders dialed back bets that the Federal Reserve will aggressively cut rates next year and as an extended selloff in China hurt sentiment. The dollar held gains.
Australia’s central bank kept interest rates unchanged at its final meeting of the year on Tuesday as cooling inflation and a softening labor market suggest its policy tightening to date is gaining traction.
ByteDance Ltd.’s TikTok has struck an agreement to invest in a unit of Indonesia’s GoTo Group and cooperate on an online shopping service, pioneering a template for e-commerce beyond Southeast Asia’s biggest economy.
Vonovia SE is seeking to raise money with most of its portfolio of residential properties intact as an intensifying housing crunch in Germany sets the stage for higher rents.
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