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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
Bloomberg Markets Asia. Live from Hong Kong, bringing you the most important global business and breaking markets news information as it happens.
The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day.
If a green pivot is to happen, power grids must become “supergrids,” continent-spanning networks that can move green energy thousands of miles. The technology is here, but politics may stand in the way.
US-China Economic Talks Start With First Working Group Meeting
BOJ Wades Back Into Bond Market to Curb Rising Japan Yields
China Can Reach 5% Growth Rate in 2024, Ex-PBOC Official Says
Unlike Markets, Fed Isn’t Too Worried About 5% Yields — Yet
South Africa Central Bank Deputy Governor Naidoo Quits Early
Los Angeles FC Considers Buying Swiss Team Grasshopper Zurich
Deni Avdija agrees to 4-year, $55M extension with the Wizards, AP source says
Vedanta CFO Is Said to Seek to Quit Months After Joining Firm
EV, Tech Supplier Nidec Plunges 10% After Disappointing Earnings
Naver Wins Saudi Deal to Build Digital Replicas of Mecca, Riyadh
Alibaba, Tencent Join $340 Million Funding for AI Startup Zhipu
Prepare For a Wave of US Politicians Using AI in Their Campaigns
TSMC Foresees Long-Awaited Chip Recovery After Outlook Beat
House Republicans Plan Another Vote to Choose a New Speaker
China Repeats View That Israel Must Protect Civilians
Russian Says US Is Seizing $300 Million Yacht From Wrong Owner
Hess Family Gets $5 Billion as Founder’s Son Sells to Chevron
Next 'Mission: Impossible' delayed a year as actors strike drags on
Paramount Delays 'Mission: Impossible' Sequel Until 2025 Amid Actors Strike
China’s Mystery 14,960 Municipal Debt Issuers
Is America Raising a Nation of Scaredy-Cats?
Iron Billionaires Are in a Green Energy Race
Risking It All to Actually Understand Risk, on ‘The Businessweek Show’
Lululemon’s Founder Is Racing to Cure the Rare Disease Destroying His Muscles
Inflation Raging at 130% Is Pushing Argentina Down a Radical Path
Australia Gender Bias Costs Economy $80 Billion, Taskforce Says
Nervous Time to Be a Big Power Consumer in Australia, BHP Says
The Top-Selling EV in Japan Isn’t a Tesla, But a $13,000 Kei Car
DC Mayor Proposes Rolling Back Progressive Reforms with New Crime Bill
The Key to Boosting Latino Homeownership
Japan May Lift Ban on Ride Sharing Due to Lack of Drivers
Bitcoin Hits $35,000 for First Time Since 2022 on ETF Optimism
Grayscale Gets Court Order in Fight With SEC on Bitcoin ETF
MicroStrategy’s Bitcoin Bet Turns Profitable Again During Crypto Rally
Australian casino operator Star Entertainment Group Ltd. is seeking to raise as much as A$1.2 billion ($771 million) through a combination of equity and debt after a crackdown on criminal associations and money laundering across the nation’s gambling industry eroded its financial position.
The company launched a A$750 million equity raising priced at 60 Australian cents per share through investment bank Barrenjoey Markets Pty, it said in a statement on Monday. The offer consists of a 1 for 1.65 entitlement offer for existing retail shareholders to raise about A$589 million, and a placement of about A$161 million worth of shares for institutional investors. The price represents a 20% discount to its last closing price on Friday.

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