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)
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.
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)
US Ambassador to China David Perdue has stated that Washington’s Taiwan policy remains unchanged following high-level talks between Donald Trump and Xi Jinping, despite hopes from Beijing to limit support for Taipei. (Source: Bloomberg)
Japanese Finance Minister Satsuki Katayama says rising bond yields partly reflect capital demand for the global AI infrastructure rollout, warning that this boom will not last forever. (Source: Bloomberg)
Gold sank to its lowest in more than seven weeks as the standoff between US and Iran over the Strait of Hormuz kept energy costs elevated and reinforced pressure on the Federal Reserve for more interest-rate hikes.
The Malaysian ringgit may be poised for gains as higher oil prices and the artificial-intelligence boom provide tailwinds for the currency, strategists say.
Ingenia Communities Group will assess a a new, higher takeover bid from private equity group Warburg Pincus and its affiliates, the company said Monday.
J.C. Bamford Excavators Ltd. said that George Bamford will become joint chairman alongside his father, marking the first change at the top of one of the UK’s biggest private companies in more than 50 years.