Brazil plans to use a social fund that receives oil and gas exploration royalties to help boost the economy as opinion polls show President Luiz Inacio Lula da Silva’s popularity slumping to all-time lows.

With more than 8,000 family offices globally managing an estimated $3.1 trillion in assets, it’s set to rival the hedge fund industry in size. Major financial hubs -- from London to Dubai, Hong Kong to Singapore -- are actively competing to capture a slice of this booming market.

South Korea’s Acting President Choi Sang-mok ordered the authorities to prepare measures to streamline regulations on foreign-exchange flows as overseas investment grows, in the latest effort to reform a currency market crucial to the nation’s economic stability.

New Zealand bankers have been quizzed by a parliamentary select committee on how much the Reserve Bank’s capital requirements have pushed up lending rates.

Canada’s convenience store and gas station operator Alimentation Couche-Tard Inc. says it has held “exploratory discussions” with buyers for any US stores that would need to be divested to secure regulatory approval for a potential takeover of Japanese rival Seven & i Holdings Co.

President Donald Trump on Thursday announced a new policy requiring US Justice Department attorneys to “demand” in court that challengers suing the administration should post money bonds if they win orders blocking his actions.

Live market coverage co-anchored from Hong Kong and New York. Overnight on Wall Street is daytime in Asia. Markets never sleep, and neither does Bloomberg.

Canada is delaying its plan for a second phase of retaliatory tariffs against the US after President Donald Trump exempted Canadian and Mexican goods covered by the North American trade agreement.

As DOGE orders layoffs and cancels leases, you wonder whether MAGA’s goal is to end capitalism.

Applications for unemployment benefits filed by federal employees remained at an elevated level for a second week as the Trump administration moves to dramatically shrink the size of the federal government.

JPMorgan Chase & Co. has hired William Kallop from William Blair & Co. for its mergers and acquisitions group focused on private equity firms and sovereign wealth funds.

British Columbia will introduce legislation letting it charge tolls on commercial vehicles heading to Alaska in retaliation against President Donald Trump’s tariffs.