Bloomberg Grab Holdings Ltd brought forward its profitability target after posting a narrower quarterly loss, helped by reduced spending by the Southeast Asian ride-hailing and food-delivery provider. The stock jumped 8% in pre-market trading after Grab said it expects to reach positive adjusted earnings before interest, taxes, depreciation and amortisation in the final quarter of 2023. It previously expected …

  Bloomberg Vietnam’s property debt crisis is intensifying as the country’s second-largest developer joined the ranks of peers seeking debt extensions after failing to repay a bond on time. No Va Land Investment Group said it will delay repayment of a 1 trillion dong ($42 million) note originally due on February 12 and asked holders for an extension or to …

Bloomberg Group of Seven (G-7) finance ministers once again condemned Russia’s war in Ukraine on the eve of its one-year mark and pledged to increase financial support for Ukraine. G-7 finance ministers increased their budget to $39 billion dollars and reaffirmed their “unwavering support for Ukraine,” calling Russia’s aggression as “illegal, unjustifiable and unprovoked” in a statement issued on Thursday. …