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Byju’s seeks more time from lenders to recast $1.2b debt

  Bloomberg Byju’s, the world’s most valuable edtech startup, has sought more time from creditors to renegotiate an agreement governing a $1.2 billion loan that is in breach of covenants, according to people with knowledge of the matter. The creditors have until Tuesday to sign a forbearance agreement, which will give the company time till February 10 to negotiate broader ...

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Tokyo inflation hits 4%, pointing to stronger-than-thought trend

  Bloomberg Tokyo’s inflation outpaced forecasts to hit 4% for the first time since 1982, suggesting the underlying price trend is stronger than expected by economists, a factor that could further fuel speculation the Bank of Japan will adjust policy again. Consumer prices excluding fresh food climbed 4% in the capital in December as food and energy costs continued to ...

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Hong Kong homebuyer optimism rises

  Bloomberg Hong Kong’s property market is seeing more deals as buyers bet the border reopening with mainland China will help channel more capital into the city and stoke a recovery. The number of transactions in 35 major residential projects jumped to an eight-month high in the two weeks ended January 8, according to Midland Realty. That is an encouraging ...

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