Steadfast Group, an Australian insurance broker, receives a buyout offer from US-based Amwins and private equity firm Dragoneer.

China's factory-gate inflation hits nearly 4-year high in May, Reuters reports. Producer price index rose 6.8% year-on-year, signaling persistent cost pressures in the world's second-largest economy.

China's factory-gate inflation hit a nearly four-year high in May, according to Reuters.

Asics to spin off Onitsuka Tiger, the 77-year-old Japanese retro sneaker brand that has surged amid tourism boom and global demand for vintage footwear.

Asics will spin off Onitsuka Tiger, the 77-year-old Japanese shoe brand that has seen a resurgence in popularity amid a tourism boom and growing global demand for retro sneakers.

Brazil Senate committee backs central bank autonomy bill, defying Lula opposition

A Brazilian Senate committee has approved a bill granting operational autonomy to the central bank, moving forward despite opposition from Luiz Inácio Lula da Silva.

Amazon secures $17.5 billion loan facility amid AI-driven capex ramp https://t.co/AFgJRJbr89

Amazon secures a $17.5 billion loan facility as the company ramps up capital spending driven by artificial intelligence investments.