Bloomberg Bank of Nova Scotia agreed to acquire an additional 7% stake in its Chile operations from the Said family for about C$500 million ($400 million), putting to work some of the excess capital it has built up during the Covid pandemic. The purchase, which is subject to regulatory approvals and other conditions, would boost its ownership of the operation ...

Bloomberg India’s sharp surge in Covid-19 cases will not prevent the country’s markets from setting a record for initial public offerings (IPOs) in 2021, as a cohort of technology companies make their much-anticipated debuts later in the year, according to UBS Group AG. Last year companies amassed $4.6 billion from IPOs, according to data compiled by Bloomberg, and Anuj Kapoor, ...

Bloomberg South Korea lifted what was the world’s longest ban on short-selling, and foreign traders piled in. Overseas investors accounted for 90.7% of total daily shorts by value in Kospi, betting against 738 billion won ($659 million) worth of stocks, according to the Korea Exchange. They rushed in again, making up 86% of bearish bets. That’s well above the 59% ...