Bloomberg When China’s securities regulator vowed to reduce market volatility in January, few predicted that this year would be one of the most turbulent in recent memory. The drama has only increased this quarter, setting the scene for more upheaval in 2023. Chinese stocks are now moving by 5% a day more frequently than anytime since the global market ...

  Bloomberg Hong Kong billionaire Richard Li is weighing investing about $200 million in his insurance company FWD Group Holdings Ltd as part of a funding round, people familiar with the matter said. An investment would help support the insurer’s growth plans ahead of a long-awaited Hong Kong initial public offering, which could take place as soon as 2023, the ...

  Bloomberg Philippine President Ferdinand Marcos Jr said the proposed sovereign wealth fund will help boost economic development and investments in the country. “I wouldn’t have brought it up otherwise,” Marcos said, according to a news release posted by the Office of the Press Secretary. “It’s very clear that we need added investment. This is another way to get that.”