Bloomberg Daybreak

Adam Bowe, Managing Director and Head of Australia Portfolio Management at PIMCO, discusses the outlook for Australia's bond market ahead of the RBA's September policy decision, with markets assessing the likelihood of a further 25-basis-point rate increase. He says Australia's rate-hike cycle is fully priced in and the cracks in the economy are being more visible. He speaks with Haidi Stroud-Watts on "Bloomberg: The Asia Trade". (Source: Bloomberg)

Pacific Investment Management Co. is taking an increasingly constructive stance on Australian bonds, arguing that market expectations for interest-rate hikes have gone too far in the face of a slowing local economy.

Takuji Aida, Chief Japan Economist at Credit Agricole and an economic advisor to Japanese Prime Minister Sanae Takaichi, says any expansion of Japan’s defense spending will likely be spread over many years and shouldn’t become a source of significant market anxiety in any single year. He speaks with Shery Ahn on Bloomberg: The Asia Trade. (Source: Bloomberg)

Chinese shares touched a one-year low as optical companies sank on proposed US sanctions and chipmakers retreated on a report authorities may open the local market further to Nvidia Corp.’s semiconductors.

Emerging-market assets extended their selloff on Monday amid surging US Treasury yields, with developing-world stocks tumbling and EM bonds heading for their worst month since the Iran war first roiled markets in March.

One in six companies in western Europe is under financial strain as rising leverage leaves businesses more vulnerable to shocks, according to Boston Consulting Group.

Cuban Deputy Foreign Minister Carlos Fernández de Cossío tells Bloomberg This Weekend host David Gura that Cuba remains ready for talks with the US, but says continued sanctions and economic pressure are hampering the island’s efforts to reform its economy. De Cossío also says Cuba would welcome greater US investment and hopes the confrontation can ultimately end through negotiations. (Source: Bloomberg)

Long-time bond investor Chris Iggo is retiring with a parting message for markets: after four difficult years, bonds are set for a rebound.

Japan’s two-year government bond yield is closing in on the key 2% threshold as investors ramp up bets on further Bank of Japan rate hikes.

Copper and other base metals retreated ahead of a weeklong holiday in China, as traders assessed the country’s demand outlook following slower growth in industrial profits.

SK Hynix Inc. shares fell as media reports of a potential listing of the chipmaker’s US subsidiary added to concerns over its complex ownership structure.

Historical performance, technical indicators point to a potential rebound.

Global fund managers are dialing back their long-running retreat from Chinese stocks, drawn by AI prospects and favorable valuations.

UK police are investigating a potential terrorism incident after five men were arrested near an air base used in US strikes on Iran. (Source: Bloomberg)

GoTo Group shares tumbled after Indonesia’s stock exchange eliminated its 50-rupiah price floor, unleashing pent-up selling pressure from investors who had been unable to exit at the mandated minimum price.

The selloff in the US bond market deepened on Monday after President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz, threatening to prolong the war’s energy shock.

HSBC Holdings Plc is aiming to challenge India’s private-sector banks, betting that the country’s swelling pool of affluent customers and globally connected citizens can fuel its next phase of growth as it pushes deeper into smaller cities.

Seoul demanded an official apology and explanation from Kyiv, accusing Ukraine of violating an agreement to keep confidential the transfer of North Korean prisoners of war to South Korea.

Nomura North Asia CIO Julia Wang believes the US economy remains resilient enough to absorb additional rate hikes without tipping into a recession. She cites strong consumer spending, ongoing AI capital expenditure, and loose fiscal policy as key drivers supporting growth. (Source: Bloomberg)