China’s effort to help global investors borrow against their 3.2 trillion yuan ($477 billion) in domestic bond holdings is gaining traction, even as legal friction and low yields limit broader participation.
China’s longstanding two-speed economy is creating ever greater divergence in its financial markets, with stocks and bond yields sinking to more than one-year lows this month while the yuan has powered higher.
China vowed to retaliate if the European Union adopts broad tariffs on Chinese goods modeled on previous US measures, warning that such action could undermine trade negotiations with the bloc.
Metrics Credit Partners stopped investors from accessing some of its funds and delayed the release of its audited financial reports for the portfolios after the Australian private credit manager cut the valuations of the funds earlier this week.
India’s initial public offering market is heading toward a third consecutive blockbuster year, with a packed pipeline to build on its third-quarter momentum, punctuated by blockbuster deals.
China's latest economic stimulus package is designed to keep economic growth on target rather than deliver a broad revival, leaving the country's underlying demand weakness largely unaddressed. Bloomberg's Minmin Low breaks down the measures. (Source: Bloomberg)
Investors are starting to snap up Australian bonds, betting that the Reserve Bank is nearing the end of its rate-hike cycle after lifting borrowing costs to a 15-year high.
BlackRock’s Evy Hambro argues that commodities are entering a new cycle driven by AI, electrification, and years of supply underinvestment. He believes tight supply will keep prices supported over the long term. (Source: Bloomberg)
Bloomberg MLIV strategist Mark Cranfield warns 10-year Treasury yields could climb to 6% as Federal Reserve policy, elevated oil prices, and geopolitical tensions maintain upward pressure. (Source: Bloomberg)
The dollar is wrapping up its best month since June after the Federal Reserve’s renewed focus on taming inflation pushed interest-rate expectations and US bond yields higher.
Mongolia is on course to be the world’s best stock market this quarter, as the landlocked North Asian country rides a commodity boom that insulates it from the volatile AI trade.
Gold steadied, after advancing on Tuesday, as traders weighed a decline in oil prices that eased concerns over energy-led inflation against elevated Treasury yields.
US stocks gained with the Federal Reserve’s favored inflation gauge and earnings from Micron Technology Inc. due, updates that are key respectively to interest rates and the artificial-intelligence trade.
Kevin Hochman, CEO of Brinker International, the company behind Chili’s and Maggiano’s Little Italy, discusses restaurants navigating high prices and a stretched consumer. He speaks to Romaine Bostick on "The Close." (Source: Bloomberg)
Oil steadied after its biggest drop in more than a week on signs Middle East supply has risen to near pre-war levels after Saudi Arabia resumed flows through a pipeline that avoids the Strait of Hormuz.
