15:58
3 mins read
McKinsey’s Kutcher Emerges As Early Favorite for Global Chief in Upcoming Vote
McKinsey & Co.’s North American head Eric Kutcher is emerging as an early contender to lead the consulting giant as Bob Sternfels’ term as global managing partn...
15:52
1 min read
Demand for Crude Oil May Have Peaked Last Year, FGE Says
Demand for crude oil may have peaked in 2025, partly as higher need for fuels is increasingly met by biofuels, according to FGE NexantECA.
“The world will keep...
15:29
1 min read
Ashley’s Frasers Boosts Position in UK Luxury Brand Burberry
Frasers Group Plc increased its stake in Burberry Group Plc, putting it on track to be the brand’s biggest investor in billionaire Mike Ashley’s latest bet on a...
15:26
1 min read
US Mortgage Bond Funds Suffer One of Worst Outflows Since 2021
Investors fled US mortgage bond funds at historic levels over the past three weeks, with outflows ranking among the seven worst since the start of 2021, as surg...
15:12
2 mins read
Hackers Hit French Supermarkets, Disabling Fridges and Freezers
Hundreds of supermarkets in France were targeted by cyberattacks on Sunday night, disabling refrigeration systems and forcing stores to throw out damaged food....
14:52
10 mins read
Goldman’s $2.3 Billion Deal Puts Tax-Smart ETFs Under Scrutiny
When Goldman Sachs Group Inc. buys boutique ETF provider Neos Investments, it’ll acquire not only some of the hottest derivative-income funds around, but also p...
14:22
1 min read
French Supermarket Refrigeration Sites Hit by Cyberattacks
Hundreds of supermarkets in France were targeted by cyberattacks on Sunday night, disabling refrigeration systems and forcing stores to throw out damaged food....
12:20
2 mins read
Mall of Berlin Lenders Eye Debt Sale as Owners Try to Refinance
Creditors of the struggling Mall of Berlin are looking to sell about €550 million ($615 million) of debt they had extended to the sprawling shopping complex in...
10:57
4 mins read
RBI’s Historic Rupee Defense Spurs Bets 97 Per Dollar Is Floor
India’s most aggressive currency defense in more than a decade is telling market watchers that the central bank is prepared to pull out all the stops to keep th...
10:11
2 mins read
Gold Edges Down as Traders Monitor Oil Prices, Fed Rate Outlook
Gold edged down from the highest in a week, as traders assessed swings in oil prices while waiting for economic data for clues on the US Federal Reserve’s inter...
08:54
2 mins read
Singapore Exchange Woos European Traders with New Futures Window
Singapore Exchange Ltd. is aiming to make it easier for European investors to trade Asian bonds during their own working day.
For money managers in Europe, get...
05:41
2 mins read
Indian Rupee Jumps on RBI Steps to Support Currency; Bonds Fall
The Indian rupee strengthened the most in six months after the central bank took some of its strongest measures to bolster the currency since the 2013 taper tan...
03:49
4 mins read
Bond Selloff May Mean Fewer Rate Hikes From Global Central Banks
Bond markets are starting to do some of the lifting for central banks around the world by pushing up borrowing costs themselves, potentially reducing the number...
01:14
3 mins read
Korean Bond Rally Seen Faltering as Traders Brace for Rate Hikes
A rally in South Korean bonds may prove fleeting as the effect of government-led measures to quell volatility fades and expectations of further monetary policy...
00:32
1 min read
Wrightson’s Crandall Ends Weekly Market Missives After 44 Years
Lou Crandall, the Wrightson ICAP chief economist whose dispatches on Treasury financing and Federal Reserve operations became required reading across trading de...
20:00
2 mins read
US Bond Traders Await CPI, Warsh For Insight on Fed’s Rate Path
Bond traders are looking to the latest consumer-price inflation figures and a planned appearance by Federal Reserve Chairman Kevin Warsh for insight into how qu...
13:00
3 mins read
Emerging Markets Better Armed for Renewed European Debt Turmoil
Emerging-market bonds and currencies were whipsawed by the Eurozone debt crisis 15 years ago, but they are now better equipped to withstand any repeat of that t...
11:28
1 min read
Singapore F1 Race Draws Near-Record Turnout Despite Choking Haze
Singapore’s Formula 1 Grand Prix race saw a near-record turnout, bucking concerns that one of the worst regional haze in recent years would threaten the event....
06:11
1 min read
Thailand Plans Early Retirement Program to Reduce Civil Servants
Thailand plans to introduce an early retirement program for civil servants, as it seeks to cut the state workforce by about 5% a year to reduce government spend...
02:17
2 mins read
Musk Says Terrafab Plant Will ‘Make Chips Better Than Anyone’
Elon Musk said he thinks his companies would probably “figure out how to make chips better than anyone” given their expertise in creating customized equipment....
16:03
4 mins read
Jefferies Says It Found Fraud in $900 Million of Radiant Deals
A Jefferies-run fund said in court proceedings that it has evidence of alleged fraudulent conduct by iron ore traders Radiant World and Sapphire Minmetals in re...
12:00
5 mins read
Rich Countries Are Now on Front Lines as World’s Risk Map Shifts
Typically called into action when poor countries get mired in debt, the International Monetary Fund will be confronted this week with mounting signs of trouble...
10:23
3 mins read
India Detains Student Leaders in Major Crackdown on Protests
Indian authorities detained leaders of a youth-led protest movement and their allies on Saturday and imposed sweeping restrictions in central Delhi to stop crow...
07:00
4 mins read
Banking Stock Swoon in Europe Is a Sign of Caution, Not Panic
A selloff in banking stocks is rarely comforting. But after three years of strong gains, the latest pullback in European lenders looks more like a reset than a...
04:35
2 mins read
Taiwan’s Lai Urges Democracies to Unite After Trump-Xi Summit
Taiwan President Lai Ching-te called on democracies in the region to unite against threats to stability, as the island faces pressure from Beijing and concerns...
04:23
1 min read
Takaichi Says Japan ‘Deeply Concerned’ by US Sanctions on ICC
Japanese Prime Minister Sanae Takaichi said US sanctions against the International Criminal Court are incompatible with her country’s position and expressed dee...
20:06
3 mins read
Venezuela Creditor Bloc Grows to $22 Billion as Debt Talks Eyed
Venezuela’s creditor group has been expanding and now accounts for nearly 40% of all the debt outstanding, putting it in a stronger position as fresh optimism b...
17:56
3 mins read
Liberty Meetings Draw Crowd in London as Virgin Media Bonds Sink
Liberty Global Ltd. drew a crowd on Thursday at a Morgan Stanley leveraged-finance conference in London as investors peppered executives about the cratering deb...
17:46
1 min read
Corn Falls Most Since 2023 After USDA Hikes US Crop in Surprise
Corn plunged by the most in three years after the US Department of Agriculture raised its outlook for yield and production of the top American crop, when most a...
17:16
4 mins read
White House to Hold Its Own Hearing on Claims Against Fed’s Cook
President Donald Trump is establishing a committee to investigate mortgage fraud allegations against Federal Reserve Governor Lisa Cook and is forcing her to ap...
17:03
2 mins read
Eli Lilly-Backed Biotech TRex Dips 3.6% After $116.7 Million IPO
TRex Bio Inc. shares slipped 3.6% in the firm’s trading debut, after the biotech raised $116.7 million in a US initial public offering.
The company’s shares op...
17:00
2 mins read
French Education Firm Seeks to Refinance About €700 Million Debt
French private school operator Omnes Education is looking to refinance around €700 million ($785 million) of debt, according to a person familiar with the matte...
16:58
2 mins read
Krugman Says France Poses Risk of Explosive European Debt Crisis
Nobel Prize-winning economist Paul Krugman warned that France’s deteriorating public finances are on an “unsustainble path” and at risk of unleashing a debt cri...
16:35
2 mins read
PepsiCo Raises €1 Billion Just One Day After Cutting Outlook
PepsiCo Inc. returned to Europe’s market for publicly syndicated bonds for the second time this year, raising €1 billion ($1.12 billion) just a day after cuttin...
15:34
1 min read
Verizon, AT&T Bonds Weaken on SpaceX’s Wireless-Service Plans
Bonds issued by Verizon Communications Inc. and AT&T Inc. weakened on Friday, following SpaceX’s announcement that it will buy US spectrum that will help the co...
15:09
1 min read
Tech Chief of $321 Billion Pension Departs After Other Exits
David Ouellet, technology chief for the Public Sector Pension Investment Board, is leaving the Canadian manager, adding to a list of high-profile exits in the p...
14:46
3 mins read
Ex-Deutsche Trader Bittar Has Rate-Fixing Conviction Quashed
Former Deutsche Bank AG trader Christian Bittar has had his conviction over fixing benchmark interest rates quashed, despite pleading guilty more than eight yea...
14:44
2 mins read
Hungary Needs Significant Deficit Cut For Euro Path, Magyar Says
Hungary needs to significantly narrow its budget deficit to make debt financing sustainable and to put the country on a path toward adopting the euro, Prime Min...
14:36
1 min read
Tech Chief of $321 Billion Pension Departs After String of Exits
David Ouellet, technology chief for the Public Sector Pension Investment Board, is leaving the Canadian manager, adding to a list of high-profile exits in the p...
13:14
2 mins read
Fragile Calm Returns to Europe Bond Market After French Turmoil
European bonds stabilized after a week of dramatic swings, with falling oil prices bringing relief from budget worries and abrupt shifts in hedge-fund positioni...
12:18
1 min read
Accused Iran Spies Deny Targeting London’s Jewish Community
Two men charged with spying for the Iranian intelligence service on members of the Jewish community in London pleaded not guilty on Friday.
Nematollah Shahsava...
12:15
2 mins read
Fidelity-Backed City Therapeutics Seeks $184.7 Million in US IPO
City Therapeutics Inc., an early-stage developer of RNAi-based drugs, is seeking to raise as much as $184.7 million in a US initial public offering.
The compan...
12:12
2 mins read
France’s Bond Risk Is Outpacing Italy’s by Most in Euro History
Bond investors are demanding the most compensation to own French bonds over Italian ones since the founding of the euro.
The spread between the two nation’s be...
11:45
2 mins read
Medtech Faces One More Weak Quarter Before a 2027 Rebound
Medical technology companies face one more subdued earnings quarter before heading into 2027 with their strongest growth outlook in more than two years, followi...
11:30
2 mins read
Prosecutors Drop Bribery Charge in Philippine VP Duterte’s Trial
Impeachment prosecutors have dropped the bribery charge against Philippine Vice President Sara Duterte as they seek to speed up the trial that could have implic...
09:55
4 mins read
London’s Property Agents Are Watching Rates Markets Like Traders
At a local real estate agency on London’s southeastern edge, manager Steve Brown has added a new, and rather unlikely, topic to the usual chatter with clients a...
09:46
2 mins read
Everton Considers Sale in Test of Football’s Inflated Valuations
The Friedkin Group is considering selling a controlling interest in Everton FC less than two years after acquiring the Premier League club, in a move that will...
09:01
4 mins read
Chinese Bonds Become Source of Cheap Money for Global Borrowers
China is letting a wave of cheap money flow across its borders, turning the country into a rare source of low-cost funding for foreign borrowers.
Regulators ha...
07:15
4 mins read
Europe’s Bond Market Turbulence Puts ECB Repo Funding Into Focus
Turbulence across Europe’s bonds is sparking debate over the tools policymakers use to keep markets functioning in the event of a broader financial crisis.
Som...
07:07
2 mins read
Philippines to Adopt Global Bond Pricing to Woo Investors
The Philippines will adopt international pricing conventions for peso-denominated bonds effective next year, a shift it says should attract more participants an...
06:46
2 mins read
Gold Advances as Strong Auction Demand Lowers Treasury Yields
Gold advanced after an auction of 30-year US debt on Thursday drew solid demand and helped pull long-dated yields from their highest levels in more than two dec...
22:00
2 mins read
Global Banks Bolster Japan Debt Teams as Bond Issuance Booms
Global financial institutions are beefing up their debt capital market teams in Japan, hiring bankers and relocating staff, to capture a boom in fundraising dri...
20:49
2 mins read
Treasuries Rise as Lofty Yields Lure Demand to 30-Year Sale
US Treasuries rose after an auction of 30-year debt drew solid demand, helping pull long-dated yields off their highest levels in more than two decades.
The ga...
19:19
3 mins read
Private Credit Firms See Rare Growth Shortcut With BDCs for Sale
Private credit managers increasingly looking to offload battered funds are drawing interest from rivals eyeing cheap deals in one of the most turbulent periods...
18:58
1 min read
Copper Slides as Risk Appetite Hurt by Oil Surge, Stock Selloff
Copper extended losses along with other industrial metals as elevated oil prices and a selloff in equities weighed on risk appetite across global markets.
Copp...
18:32
2 mins read
Treasuries Rise as Lofty US Yields Lure Demand to 30-Year Sale
US Treasuries rose after an auction of 30-year debt drew solid demand as long-dated yields edge away from their highest levels in more than two decades.
The ga...
17:41
2 mins read
Longer-Dated US Bonds Rise Ahead of $22 Billion 30-Year Sale
Longer-dated US Treasuries rose as investors readied for a $22 billion auction of 30-year debt, which stands to test demand as yields linger near multi-decade h...
16:56
4 mins read
RBC’s Decade of Growth Puts It in Goldman’s Market-Value League
Royal Bank of Canada has climbed into the same market-value tier as Goldman Sachs Group Inc. and is worth more than Wells Fargo & Co. and Citigroup Inc., unders...
16:47
1 min read
UK Police Arrest Two Latvian Men Over Breach at Airbase
British police arrested two men for trespass and national security offenses at an airbase in east England, just days after a suspected terror plot attempt at an...
16:26
1 min read
GlobalFoundries Rallies After Announcing $2 Billion TSMC Deal
GlobalFoundries Inc. shares gained as much as 7% after the chip manufacturer announced a five-year, $2 billion deal to provide US production capacity to Taiwan...
15:15
1 min read
Warrants to Raid Former Prince Andrew Were Unlawful, Court Says
The warrants that allowed police to raid former prince Andrew Mountbatten-Windsor’s homes as part of a criminal investigation earlier this year were unlawful, a...
14:11
3 mins read
Morgan Stanley Bond Veteran Is Bullish for First Time in Decade
Morgan Stanley Investment Management’s Vishal Khanduja, a top-performing bond investor, is turning bullish on US debt for the first time in a decade, with yield...
13:42
1 min read
France’s Lescure Says Not in Dysfunctional Bond Market
French Finance Minister Roland Lescure said the bond market is working properly and that France doesn’t need a “hand of god” intervention after the premium inve...
12:17
2 mins read
Hackers Tricked Asos Employee to Steal Work Account Login
Asos Plc said a recent data breach occurred when an “unauthorized party” impersonated a trusted contact to dupe an employee at the online fashion retailer into...
11:31
1 min read
Credit Agricole CEO Says Against Paschi’s Bid for Banco BPM
Credit Agricole SA Chief Executive Officer Olivier Gavalda said the firm rejected Banca Monte dei Paschi di Siena SpA’s bid for Banco BPM SpA.
“We decided” not...
11:29
3 mins read
Bahrain Bond Selloff Revives Memory of 2018 Rescue by Gulf Peers
A selloff in Bahrain’s bonds is pushing its borrowing costs to levels last seen during the nation’s 2018 crisis, when its wealthier Middle East allies stepped i...
10:54
1 min read
Gold Recovers as Chinese Buyers Return From Weeklong Holiday
Gold recovered from a two-month low as Chinese buyers returned from a weeklong holiday that kept activity muted in Asian markets, while traders assess the outlo...
10:44
2 mins read
Russia Denies Report of Second Case of Illness in Siberia
Russia’s consumer health watchdog denied reports that a second person had fallen ill after they had been in contact with an employee of an anti-plague laborator...
10:31
2 mins read
Singapore Bank Shares Tumble as Yield Surge Threatens Earnings
A selloff in Singapore bank shares deepened after JPMorgan Chase & Co. warned that surging long bond yields will hurt third-quarter earnings for Southeast Asian...
10:26
2 mins read
NatWest Pulls Back From Dealing US and European Government Bonds
NatWest Group Plc is pulling back from the US and European government bond markets, according to people with knowledge of the matter.
As part of the plan to st...
09:38
3 mins read
Polish Debt Collector Kruk Eyes US and UK as Europe Loses Momentum
Polish debt collector Kruk SA is working to accelerate expansion into the US and UK as it looks for a new engine of growth beyond continental Europe.
Kruk is c...
09:32
2 mins read
Legacy Private Credit Loans Face Refinancing Risks as Rates Rise
Private credit borrowers that loaded up on debt when interest rates were low could face refinancing pressure as they approach maturity, according to investors s...
05:06
1 min read
Japan 30-Year Bond Auction Sees Firm Demand on Elevated Yields
Japan’s 30-year government bond auction drew firm demand as elevated yields attracted investors.
The bid-to-cover ratio at Thursday’s sale was 3.88 compared wi...
01:00
2 mins read
Worst-Performing Philippine Bonds Face Peso, Inflation Risks
Philippine bonds, the worst-performing in emerging markets since the Iran war began, are set for further losses as faster inflation, a sliding peso and softer a...
22:41
2 mins read
Braskem Creditors Balk at Restructuring Plan as Deadline Looms
Leia em português
Braskem’s creditors shunned another restructuring proposal made by the company and its shareholders ahead of a key Oct. 9 deadline for a deal...
20:54
4 mins read
UPS Worker Missed Email, Letting China Get F-35 Parts
China managed to get a hold of parts from an F-35 stealth fighter jet after a United Parcel Service Inc. employee missed an email warning not to route the shipm...
20:50
3 mins read
Lofty US Yields Lure Strong Investor Appetite at 10-Year Auction
US Treasuries were ending the day mixed after a strong auction of 10-year notes signaled that yields at multi-decade highs were fueling investor appetite.
Long...
20:46
1 min read
Midterm Elections Are Potential Test for US Defense Investors
The US midterm elections are a test of investor sentiment in the rapidly growing defense sector, market watchers said.
President Donald Trump is seeking a more...
20:03
2 mins read
Fed Used Treasury Funds to Support Yen in Joint Intervention
The Federal Reserve said on Wednesday that the US participation with Japan in intervening to support the Japanese yen in late July was a Treasury Department mov...
19:35
2 mins read
Hertz Lenders Team Up With Advisers as Possible Debt Fight Looms
Creditors to Hertz Global Holdings Inc. are organizing across at least two groups, bracing for potential negotiations with the car rental company over its billi...
19:18
3 mins read
US Bonds Rise as Yields at 2002 High Lures Buyers at Auction
US Treasuries rose after a strong auction of 10-year notes signaled emerging investor demand as yields rise to multi-decade highs.
Long-term bond yields erased...
17:30
4 mins read
Paramount’s Monster Debt Deal Offers Few Safeguards to Investors
Bond investors backing David Ellison’s audacious $110 billion takeover of Warner Bros. Discovery Inc. are making a bold bet of their own — lending tens of billi...
16:50
2 mins read
Farm Machinery Shares Drop on US Probe Into Market Practices
Shares of farm equipment manufacturers including Deere & Co. plunged after the Federal Trade Commission and the US Department of Agriculture launched an inquiry...
16:49
3 mins read
Boots Sold for $8.9 Billion as Canada’s Westons Re-Enter UK
The Canadian branch of the billionaire Weston family agreed to buy health retailer Boots for $8.9 billion including debt, the latest change of hands for the pha...
16:30
5 mins read
From Goldman to BofA, Strategists Try to Call Peak Bond Yields
Wall Street strategists are divided over whether US bond yields will come tumbling down by the end of the year or keep pushing up to new highs.
Some, like Gold...
15:57
3 mins read
When 20% of Profits Won’t Do, Fund Managers Seek ‘Super Carry’
Not content with the standard carried interest as they seek to hang onto their most prized investments, some private equity firms are now demanding “super carry...
15:16
2 mins read
Nassim Taleb Says ‘Vulnerable’ Bonds Risk Hurting Stock Rally
The Black Swan author Nassim Taleb warned that a pullback in demand for US Treasuries risks creating a fault line across markets, potentially hurting a record-b...
15:06
3 mins read
Video-Game Designer Behind ‘Sky,’ ‘Journey’ Raises $35 Million
A studio led by the makers of the hit titles Sky: Children of the Light and Journey has raised $35 million in new funding to upend the viral “friendslop” genre...
14:45
6 mins read
California Billionaires’ Nemesis Plots National Wealth Tax Fight
The man behind the California effort to impose a first-in-the-nation tax on billionaires knows it’s a Hail Mary. But even if it fails, he’s not stopping.
Dave...
14:31
3 mins read
France’s Battered Bonds Are Starting to Tempt Bargain Hunters
France’s bond selloff may be approaching a turning point, as the surge in yields tempts some investors to wade back into the market.
Mediolanum International F...
14:26
1 min read
Canada’s Westons to Buy UK Pharmacy Chain Boots for $8.9 Billion
The Canadian branch of the billionaire Weston family agreed to buy health retailer Boots for $8.9 billion including debt, in another change of hands for the pha...
14:11
1 min read
Police in India Block Voter-Roll Protest for Second Day in Delhi
Police in India’s capital detained opposition leader Rahul Gandhi for a second day as lawmakers staged an unannounced protest march demanding the resignation of...
14:07
2 mins read
Mexico Local Bond Sales Hit Record as Companies Rush to Market
Lea en español
Mexican companies are tapping the local bond market at a record clip as lower interest rates at home, looming maturities and a growing pool of i...
14:04
1 min read
Spain Unions Crash Election Campaign, Calling a General Strike
Spain’s biggest labor unions are set to call a general strike for Nov. 11 to focus attention on housing just before campaigning begins for an election scheduled...
14:01
2 mins read
SK Hynix Lockup Expiry Stirs Anxiety Over Bumper ADR Premium
SK Hynix Inc.’s US-listed shares face a test on Wednesday, when a lockup that prevented the firm, its affiliates and management from selling shares expires, ano...
13:58
1 min read
Apollo Trades $35 Billion Private Credit in Push to Open Market
Apollo Global Management has traded more than $35 billion since it began making markets in private credit, according to John Cortese, partner and co-head of cor...
13:29
1 min read
Brookfield to Buy ESR India Warehouse Parks in $444 Million Deal
Brookfield Asset Management Ltd. said it has committed 43 billion rupees ($444 million) to acquire and develop ESR India’s portfolio in its first deal for wareh...
13:22
3 mins read
Traders Are Pessimistic on the Euro as Political Risks Grow
Traders are turning more pessimistic on the outlook for the euro, worried about France’s fiscal challenges and fresh political risks in the region.
The common...
13:15
5 mins read
A 30% Options Pop in Mere Minutes Shows Power of ‘Finfluencers’
Shortly after the US stock market opened on May 7, 2025, a message landed in a Discord trading chat: “BTO $EBAY 72c 05/09 @0.30.”
In options-trader shorthand,...
13:05
1 min read
US Mortgage Rates Jump to 7.49%, Highest Since 2023
US mortgage rates climbed for a seventh straight week to their highest level in nearly three years, compounding the nation’s affordability problem.
The contrac...
13:00
1 min read
Qatar-Backed Carrier Airlink Sees ‘Ambitious’ Revenue Growth
SA Airlink Pty Ltd., a South African carrier backed by Qatar Airways, expects a substantial increase in revenue this fiscal year as new deliveries of Embraer SA...
12:30
2 mins read
CoreWeave Tees Up First India Data Centers With AdaniConneX Deal
AI cloud-computing provider CoreWeave Inc. is continuing an expansion in Asia with its first data centers in India, part of a venture involving conglomerate Ada...
12:22
2 mins read
Oasis Urges Nidec to Mull Privatization, Brace For Delisting
Oasis Management Co. urged Nidec Corp. to evaluate privatization options as the embattled Japanese manufacturer grapples with an accounting scandal that has put...
12:04
3 mins read
Euro Slides as Traders Look Beyond Dollar for Bearish Bets
The euro fell against all G10 peers as investors worried about regional fiscal and political risks looked beyond the dollar to bet against the common currency....
11:43
2 mins read
Gold Falls as Latest Hormuz Flareup Pushes Energy Prices Higher
Gold declined as a ramp-up in Iranian attacks on tankers crossing the Strait of Hormuz sent oil and gas prices higher, reviving concerns over war-driven inflati...
11:22
1 min read
Oasis Urges Nidec to Explore Privatization on Delisting Risk
Oasis Management Co. is stepping up pressure on Nidec Corp., urging the embattled Japanese manufacturer to explore privatization options to protect shareholder...
11:04
3 mins read
Hong Kong and Singapore Pitch Rival Gold Hubs to Bullion Market
Officials from Hong Kong and Singapore have used an annual industry gathering to pitch rival plans to create gold trading hubs in Asia, underscoring the fierce...
10:40
1 min read
Kioxia’s Weighting on Topix Index to Rise After JPX Review
Japan Exchange Group Inc. announced that Kioxia Holdings Corp.’s weighting on the benchmark Topix index will rise, fueling expectations that passive inflows wil...
10:11
3 mins read
Rupee Nears Record Low as RBI Hike Leaves Traders Wanting More
India’s rupee retreated even after the central bank hiked interest rates for the first time in four years , as the lack of more aggressive steps to tighten liqu...
10:00
2 mins read
India Regulator Presses Jane Street to Respond After Data Share
India’s markets regulator told a local court that it has shared with Jane Street Group LLC the trade logs it relied upon for its preliminary order against the W...
09:57
1 min read
Spanish Miner Abenojar Tungsten Announces Plans for London IPO
Abenojar Tungsten SA announced plans for an initial public offering in London, the latest overseas company to explore a UK listing.
The Spanish miner is consid...
07:00
2 mins read
World Faces Risk Cocktail From AI, Oil and Debt, Says IMF Chief
Global governments must act urgently to address challenges from an unbalanced AI boom, a prolonged energy shock and record debt piles, the International Monetar...
04:36
1 min read
US Court Allows Fund to Obtain Documents in Radiant World Case
A US court has allowed a fund managed by Mariner Investment Group to obtain documents from the Federal Reserve Bank of New York and the Clearing House Interbank...
01:00
2 mins read
Asset Management One to Boost Talent Spending 30% Over 3 Years
Asset Management One Co. plans to boost spending on talent over the next three years as rising Japanese interest rates broaden investment choices and push pensi...
00:00
3 mins read
Surging Yields Hit Asian Bond Sales as AI Fundraising Trails US
Borrowers in the Asia Pacific are slowing deals in the dollar bond market, with the highest yields in more than two years sapping deal momentum.
No issuer from...
23:00
2 mins read
Apollo Weighs Larger Role in Government Lending as Debt Soars
Apollo Global Management is scoping out a bigger role in financing debt-laden governments and state-backed companies as they increasingly turn to private capita...
20:58
3 mins read
US Treasuries Yields Fall From 2002 High as Oil Prices Dip
US bond yields fell from their highest levels since 2002 as oil prices stabilized and Treasury Secretary Scott Bessent insisted the government’s debt load can b...
20:34
2 mins read
Cornell Taps Former Deputy AG to Probe Assault Response
Cornell University appointed former US Deputy Attorney General Sally Yates to head an independent review of how the university prevents and responds to claims o...
20:16
3 mins read
Florida’s Public Schools Load Up on Debt Like Never Before
Florida’s public schools are borrowing to pay their bills at the highest level on record, as enrollment declines and competition from school choice programs put...
19:46
2 mins read
NYC Can Proceed With Pied-a-Terre Tax as Court Weighs Appeal
New York City can proceed with the rollout of its pied-à-terre tax while an appeals court considers a legal challenge.
A Staten Island judge’s Sept. 29 ruling...
19:38
1 min read
Anthropic-OpenAI Holder T. Rowe Says Both Have Path to Dominance
T. Rowe Price Group Inc.’s Emma Norchet said OpenAI and Anthropic PBC are both poised to succeed as they head for initial public offerings, rejecting the notion...
19:34
3 mins read
Walter’s Insurance CEO Told DOJ He Was Unaware of Boss’s Loans
The head of Mark Walter ’s insurance companies told authorities he was unaware that the firms had loaned more than $20 billion to the sports mogul’s other busin...
19:28
2 mins read
BofA Analysts See Tech Bubble Brewing, Advise Clients to Pile In
Investors wary of owning technology megacaps driving the Nasdaq 100 Index to record highs can still capture the rally using equity derivatives and avoid the fal...
19:10
2 mins read
Deeply Distressed US Loans Rise to Highest Level Since Pandemic, JPMorgan Says
The deeply distressed tail of the leveraged loan universe has grown to levels not seen since the beginning of the pandemic, with technology the single biggest s...
18:53
1 min read
Ships Take Long Way Around as Drought Snarls Panama Canal
Maritime traffic through the Strait of Magellan jumped more than 70% both in August and September from year-ago levels as ships diverted from the drought-strick...
18:33
3 mins read
Florida’s Troubled Public Schools Load Up on Debt to Pay Bills
Florida’s public schools are borrowing to pay their bills at the highest level on record as enrollment declines put pressure on their budgets.
This year, schoo...
18:14
2 mins read
Emerging-Market Assets Extend Gains as US Yields Decline
Emerging-market assets extended their gains as a combination of lower US bond yields, a weaker dollar and relatively steady oil prices provide relief to global...
18:09
1 min read
Cornell Taps Former Deputy AG Yates to Probe Assault Response
Cornell University appointed former US Deputy Attorney General Sally Yates to head an independent review of how the university prevents and responds to claims o...
17:43
1 min read
Man Group Disputes View That High Inflation Is Bad for Bonds
High inflation alone isn’t bad for US Treasuries — instead, it’s a rapid increase in the pace of price growth that does the most damage, according to a study by...
17:23
4 mins read
Ares Faces 50% Loss on Cash Piled Into TalkTalk With BT Deal
Ares Management Corp is set to lose about half of the hundreds of millions of pounds it invested in TalkTalk, after BT Group Plc agreed to buy the telecommunica...
17:12
2 mins read
Emerging Assets Extend Rally for as Oil Rally, US Yields Drop
Emerging-market assets extended their gains as a combination of lower US bond yields, a weaker dollar and falling oil prices provide relief to global markets....
16:49
2 mins read
Oil Bosses Warn on Dwindling Buffers Even as Hormuz Ramps Up
Leading oil executives warned that the world is running out of stopgaps to manage the impact of the Iran war as the conflict extends into an eighth month.
Sinc...
16:41
3 mins read
Air Liquide Sells Debt at Better Rate Than French Government
Air Liquide SA attracted strong demand for a sale of euro-denominated bonds, with investors buying the debt at lower yields than French government bonds caught...
16:30
1 min read
Trafigura and Partners Back $300 Million Zambia-Congo Power Link
Trafigura Group and partners have agreed to build a $300 million high-voltage transmission line linking Zambia’s power grid to the Democratic Republic of Congo’...
15:15
3 mins read
US Yields Fall From 2002 High as Oil Dips, Bessent Vows On Debt
US bond yields fell from their highest levels since 2002 as oil prices retreated below $100 a barrel and Treasury Secretary Scott Bessent insisted the governmen...
14:07
2 mins read
US Trade Gap Widens to $105.6 Billion as Imports Hit Record
The US trade deficit widened sharply in August to the largest since early 2025 as a surge in inbound shipments of capital goods helped push imports to a record....
14:03
2 mins read
MadeGood Granola Owner Reaches Unicorn Status After Deal
Riverside Natural Foods, the Canadian owner of MadeGood granola bars and bites, has achieved unicorn status through a recent deal.
Prelude Growth Partners agre...
14:01
5 mins read
France’s Decades of Deficits Bring Home a Painful Risk Premium
After decades of budget deficits and steadily rising debt, markets are putting a new price on French risk.
Investors are charging much more to hold government...
13:31
1 min read
Man Group Disputes View That High Inflation Is Bad for US Bonds
High inflation alone isn’t bad for US Treasuries — instead, it’s a rapid increase in the pace of price growth that does the most damage, according to a study by...
13:30
2 mins read
Pimco Touts Diversification Need as Yields Lure at 24-Year High
Pacific Investment Management Co. says bond yields at multi-decade highs offer attractive income for investors, who should spread their allocations across devel...
13:26
1 min read
Energy Transfer to Buy Vaquero Midstream for $2.63 Billion
Billionaire Kelcy Warren’s Energy Transfer LP agreed to buy Vaquero Midstream LLC for about $2.63 billion in cash and stock, expanding its network to ship natur...
13:11
1 min read
Merlin Debt Backed by London Eye Fetches a High Price Tag
Credit traders are quoting Merlin Entertainments Ltd.’s private loans far above the distressed prices of the leisure-park operator’s existing securities, reflec...
12:24
1 min read
Investors Pounce on South Africa’s Bonds at Weekly Auction
A weekly auction of government debt on Tuesday attracted the strongest demand in four months as yields among the highest in emerging markets enticed investors f...
12:10
2 mins read
Apollo to Favor Aircraft Funding Over Junk Bonds for EasyJet
Apollo Global Management is set to opt for aircraft financing rather than high yield bonds for a £3.5 billion debt package backing its acquisition of low-cost c...
10:44
2 mins read
Germany’s Ex-Intelligence Chief Arrested in Spying Probe
Germany’s former foreign intelligence chief, August Hanning, was taken into custody as part of an investigation into treason and espionage allegations.
Hanning...
10:30
4 mins read
New World Seeks More Time to Pay Bonds With $1 Billion Swap
New World Development Co., the stressed Hong Kong developer that’s become a symbol of the city’s efforts to move past its property slump, is seeking to buy more...
09:18
2 mins read
Gemcorp Joins Madagascar to Raise $5 Billion for Energy, Mining
Madagascar wants to raise as much as $5 billion by teaming up with asset manager Gemcorp Capital Management Ltd. to fund energy, infrastructure and mining proje...
09:13
2 mins read
Senegal’s $1.2 Billion Swaps to Prolong Debt Revamp, S&P Says
Senegal’s issue of a controversial swap could complicate its debt restructuring, according to S&P Global Ratings.
Senegal borrowed $1.2 billion from commercial...
08:10
2 mins read
Gold Edges Lower as Strong Dollar, Yields Weigh on Fed Rate Path
Gold edged lower, as traders weighed the impact of a stronger dollar and higher Treasury yields on the Federal Reserve’s path for interest rates.
Spot bullion...
04:58
2 mins read
Japan’s 10-Year Bond Sale Draws Solid Demand as Yields Top 3%
Japan’s 10-year government bond auction Tuesday saw stronger demand than the 12-month average as elevated yields underpinned buying.
The bid-to-cover ratio was...
03:29
5 mins read
Nidec Scandal Sends Bonds Tumbling in Test for New President
Scandal-tainted Nidec Corp., which grew from a startup into the world’s largest manufacturer of precision motors, has fallen to the bottom rank of the yen debt...