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Grab is betting $1.49 billion on Atome Financial as it looks to expand its consumer lending business in Southeast Asia.
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USD/CHF halts its five-day winning streak, trading around 0.8180 during Asian hours on Wednesday. The pair inches lower as the US Dollar (USD) depreciates ahead of the interest rate decision by the Federal Reserve (Fed).
Asian equity markets trade with modest gains on Wednesday, tracking stability in US stock index futures, though sentiment remains cautious ahead of the highly anticipated US Federal Reserve (Fed) policy decision.
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
