Bloomberg Thailand’s constitutional court upheld a move by the majority of lawmakers to change key electoral rules that benefit bigger parties, clearing the last legal challenge ahead of the next general election expected early next year. The draft election bill requires parties to clinch more votes to get one of the 100 party-list seats in the 500-member House of Representatives ...

  Bloomberg Banks in the US and Europe with around $42 billion of buyout debt stuck on their balance sheets are making the most of their last chance to get rid of it this year. Stabilisation in the leveraged loan and high yield bond markets has led to an opening for deals — including for bonds and loans tied to ...

Bloomberg The yuan extended gains, jumping to its strongest in nearly two weeks, as hopes over a relaxation of China’s Covid curbs stoked optimism about the country’s economy and fueled appetite for riskier assets. The currency surged as much as 1.1% to 7.0797 per dollar, as speculation over China reopening dominated market sentiment on Wednesday afternoon. The yuan has been ...