Bloomberg Mahathir Mohamad, Malaysia’s 97-year-old former prime minister, said he will defend his Langkawi parliamentary seat in the upcoming general election. The country’s longest-serving leader, who was instrumental in unseating the ruling United Malays National Organisation in the historic 2018 election before losing power in 2020, said his party had yet to pick a candidate as premier. Still, he ...

Bloomberg HSBC Holdings Plc has spent the past six months fighting calls from its largest shareholder to split up. That isn’t stopping the bank ramping up its own deal-making program. The London-based lender expects to increase the amount of acquisitions it makes in the coming years, a person familiar with the company’s thinking said. Further disposals are also expected but ...

  Bloomberg The Bank of Korea (BOK) is set to pivot back to an outsized interest-rate increase as it seeks to keep pace with the Federal Reserve and rein in inflationary pressures exacerbated by a weaker currency. The central bank will raise its key rate by a larger-than-regular 50 basis points to 3% at Wednesday’s meeting despite having dialled back ...