ECB's Schnabel says further interest rate hikes needed to bring inflation back to 2% target over the medium term

Ari Emanuel in advanced talks to buy theater group ATGEntertainment for £4.5 billion ($5.9 billion), FT reports

Hollywood superagent Ari Emanuel is in advanced talks to acquire theater group ATGEntertainment for £4.5 billion ($5.9 billion), the Financial Times reported.

Indonesia weighs scaling back Prabowo's flagship free meals program with another $2B+ budget cut, reducing kitchens and beneficiaries.

Indonesia is preparing to scale back President Prabowo Subianto's flagship free meals program, with officials weighing another budget cut of more than $2 billion along with reductions in kitchens and beneficiaries.

BOJ June meeting opinions show hawkish tone, members say appropriate to continue raising rates as financial conditions stay accommodative and import costs add to inflation pressures.

BOJ June meeting opinions reveal a hawkish tone, with members stating it is appropriate to continue raising interest rates as financial conditions remain accommodative and currency-driven import costs add to inflation pressures.

Hong Kong overtakes Switzerland as world's biggest offshore wealth hub; renewed Chinese regulatory clampdown casts pall over billionaire boom

Hong Kong has overtaken Switzerland as the world's largest offshore wealth hub, while a renewed clampdown by Chinese regulators casts a pall over the resurgent billionaire boom.