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Asia Set for Cautious Open as Trump Doubles Down: Markets Wrap

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Asia stocks are poised for a subdued open after a lackluster session on Wall Street as Donald Trump ruled out extending his August tariff deadline. US copper prices surged after the president called for a 50% levy on imports.



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Funding & Business

Turkey Raises Taxes on Lira Deposits and Funds to Bolster Budget

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Turkey raised withholding taxes on lira-denominated deposits and mutual funds, tightening its grip on household savings as it seeks fresh revenue to ease the budget deficit.



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Funding & Business

Hong Kong Jockey Club to Unload $1 Billion in Blackstone, Warburg Funds

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The Hong Kong Jockey Club is divesting as much as $1 billion in funds held with Blackstone Inc. and other buyout firms, offloading US assets amid escalating trade tensions that have intensified since Donald Trump’s presidency.



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Funding & Business

PE Firm Exponent Raises More Than €1 Billion for Flagship Fund

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European private equity firm Exponent has raised more than €1 billion ($1.2 billion) for its latest flagship fund focused on mid-market investments.



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