Emerging-market investors from Aegon USA Investment Management to JPMorgan Asset Management are dialing back riskier bond bets as the deepening selloff in global credit markets starts to derail a stellar run for debt in the developing world.
Maria Elena Vizcaino, Carolina Wilson and Srinivasan Sivabalan
After 25 years of planning and eight years of construction, the Gordie Howe Bridge finally opened between Detroit and Windsor this July. But the ceremony was attended only by Canadian officials, a sign of just how much the relationship between the two countries has deteriorated. What does it mean for businesses on the ground, and what can we learn about the future of US-Canada relations? (Source: Bloomberg)
Barrick Mining Corp. has reached an agreement with unions representing workers at its Loulo-Gounkoto gold mining operation in western Mali, averting strikes planned to begin on Monday.
Absa AgriBusiness agricultural economist Zama Sangweni says El Niño could reduce summer crop yields and put upward pressure on food prices. She explains how more severe weather could also reshape regional trade and why countries including Zambia may be especially exposed through agriculture, employment and hydropower. (Source: Bloomberg)
China’s giant pandas Pingping and Fushuang departed Chengdu for Zoo Atlanta early Sunday on a chartered flight, beginning a 10-year stay in the US, China Central Television reported on Sunday.
Public support for Thai Prime Minister Anutin Charnvirakul and his Bhumjaithai Party has plunged, according to an opinion poll, as his government confronts rising oil prices and a court ruling that may threaten its hold on power.
Iain Drayton, APAC Head of Investment Banking at Goldman Sachs, sees elevated issuance across the region, particularly in markets tied to the AI supercycle, with momentum largely driven by tech. He speaks on "Bloomberg: The China Show.”
(Source: Bloomberg)
Andy Rothman, former US diplomat and founder of advisory firm Sinology, says China and the US are willing to maintain stability in bilateral ties. He also urges investors to focus on China’s consumption story. He speaks at CITIC Securities’ International Investors’ Forum in Hong Kong.
(Source: Bloomberg)
