Bloomberg Shoppers at the Garden State Plaza mall in Paramus, New Jersey, might feel a touch of déjà vu on entering a store called Toys & Beyond. The signs have a bubble font with different-coloured letters. A cash register display says “Let’s Play.” On the stairwell of an indoor treehouse are sentiments such as “I don’t want to grow up.” …

Bloomberg Cathay Pacific Airways Ltd’s first-half loss narrowed from a year earlier as the Hong Kong-based carrier slashed costs and cargo operations helped offset feeble passenger traffic. The airline reported a net loss of HK$7.6 billion ($977 million) in the six months through June, compared with a HK$9.9 billion deficit in the same half of 2020. Sales dropped 43% to …

Bloomberg Kitu Life Inc, the startup behind Super Coffee that counts Jennifer Lopez and Alex Rodriguez among its investors, has more than doubled its valuation to over $500 million with its latest round of funding. Henry Ellenbogen’s Durable Capital Partners led the $106 million round. Other participants include LivWell Ventures, the family office of Nutrabolt Chief Executive Officer Doss Cunningham, …

Bloomberg US equity futures and Treasuries edged lower, while the dollar strengthened on Wednesday ahead of a key report on American inflation that will be parsed by traders for clues on the direction of central-bank policy. Contracts on the S&P 500 Index slipped from a record ahead of data out on Wednesday showing US consumer prices probably jumped again in …

Bloomberg New measures proposed by Asia’s oldest bourse to curb “excessive price movements” in so-called penny stocks pose hurdles for the millions of newbie traders who have thronged to that segment of India’s $3.1 trillion equity market. BSE Ltd will introduce price bands on the movement of certain stocks based on their performance over a period of six months, one …

Bloomberg Chinese internet stocks rallied in Hong Kong after some brokers started to turn optimistic on the sector and said investors were making an attempt to find a bottom in prices after recent selloff. The Hang Seng Tech Index rose 2.5%, the most in nearly two weeks, to snap a three-day losing streak. The sector bellwether Tencent Holdings Ltd jumped …

Bloomberg China’s central bank fanned expectations of further monetary policy easing, saying in its latest quarterly report that inflation pressures are “controllable,” while highlighting risks to the economic growth outlook. The People’s Bank of China (PBOC) largely reiterated its stance of stable policy, pledging to make it more forward-looking and effective, while maintaining ample liquidity. The surge in producer inflation …

Bloomberg Circle Internet Financial, the second-biggest stablecoin issuer, is looking to give US regulators even more oversight of its cryptocurrency business as executives at Tether, its larger rival, are said to be facing a criminal probe by US prosecutors. Circle has set a goal of becoming the first full-service US federally-chartered crypto bank as the skyrocketing value of cryptocurrencies has …

Bloomberg HSBC Holdings Plc attracted $9.3 billion in net new money for its private banking business in Asia during the first half, with client assets rising 25% from a year ago. Its Asia wealth balances — which include its Premier & Jade deposits and global private banking client assets — reached a record of about $810 billion, accounting for nearly …

Bloomberg JPMorgan Chase & Co raised the stakes in Wall Street’s intensifying battle for talent, expanding a previously announced pay increase to a broader range of staff as rivals across the industry pay up to hold on to their lowest-level analysts. Junior sales, trading and research analysts across JPMorgan’s corporate and investment-banking unit are now in line for raises, a …