NY Times Business
No hurricane-strength storms have formed yet this year in the Atlantic basin, but the limiting activity isn’t certain to continue.
Bloomberg Markets
Molly Brooks, US rates strategist at TD Securities, sees the potential for an “asymmetric risk” to markets from Federal Reserve Chairman Kevin Warsh’s comments in Jackson Hole next week and explains what she sees driving the recent back up in long-end Treasuries. (Source: Bloomberg)
Financial Times
New filings highlight iPhone maker’s global tax liabilities
Yahoo Finance
Bloomberg Markets
Braskem SA said talks with creditors have intensified, but have yet to produce an agreement, with a deadline on a court-ordered shield from enforcement actions set to expire in just three days.
Yahoo Finance
Bloomberg Markets
South Africa’s rand strengthened below 16 per dollar, erasing its Iran war losses.
MarketWatch
As demand far outstrips supply in the memory-chip market, SK Hynix and Samsung Electronics are generating outsize profits and throwing off huge free cash flow. Now both companies plan to return lots of this to shareholders
Yahoo Finance
Bloomberg Markets
A brisk rally in industrial stocks this year has defied higher oil prices, rising bond yields and restrictive trade policies, as investors bet on big gains from the artificial intelligence boom. Now signs are emerging the optimism may have gone too far.
Bloomberg Markets
Bob McNally, founder and president at Rapidan Energy Group, examines pressure on the global crude refining system from increased Ukrainian attacks on Russia refiners and US facilities running at near maximum capacity following the closure of the Strait of Hormuz. (Source: Bloomberg)