Bloomberg Markets
Shorter-tenor India bond yields surged after the central bank said it will close a special dollar deposit window for overseas residents a month earlier than scheduled.
Bloomberg Markets
Abu Dhabi wealth fund L’imad Holding is offering to buy out minority shareholders in the city’s port operator valuing the firm at 31.8 billion dirhams ($8.66 billion), in a move that could reverse the emirate’s recent push to bring more strategic holdings to public markets.
Bloomberg Markets
Sri Lankan inflation will likely slow back toward the central bank’s target over the second half of this year and into next year, central bank Governor Nandalal Weerasinghe tells Bloomberg Television in Sydney. He adds that changes to oil prices remain a risk factor in projections. (Source: Bloomberg)
Bloomberg Markets
Singapore-based Sembcorp Industries Ltd. is preparing to file for an initial public offering of its Indian unit, Sembcorp Green Infra Ltd., that could raise as much as $500 million, according to people familiar with the matter.
Bloomberg Markets
Shares of First Gen Corp., one of the Philippines’ largest renewable energy companies, fell by a record on Monday after its parent turned down an offer from KKR to buy additional shares and take it private.
Bloomberg Markets
BlueScope Steel MD and CEO Tania Archibald says her company is very much focused on organic growth and intends to improve shareholder returns over an extended period. She speaks with Yvonne Man and David Ingles on "Bloomberg: The China Show." (Source: Bloomberg)
Yahoo Finance
Bloomberg Markets
Market bets on Federal Reserve interest-rate hikes are still too aggressive given that inflation in the world’s biggest economy is cooling, according to Goldman Sachs Group Inc.
Yahoo Finance
NY Times Business
Young researchers have long come to the U.S. for academic training, but a combination of Chinese money and U.S. restrictions is shifting the balance.
Financial Times
FT analysis shows signals of stress in the market are back to levels last seen in 2017
Financial Times
Trump’s new right sees the continent as both ancestral home and ideological battleground
Financial Times
Issues won’t matter in the midterms as much as whether voters feel valued
Financial Times
Rates along routes including Panama Canal, Rhine, Red Sea and Black Sea jump, while Hormuz closure also hits seaborne trade
Financial Times
Iberian neighbours afflicted by vast property shortages due to immigration, bureaucracy and high construction costs
Financial Times
Those making fortunes in Silicon Valley are ditching the champagne for premium water while splashing their bitcoin
Bloomberg Markets
Export-Import Bank of Korea will lend $1 billion to commodities giant Glencore Plc in exchange for copper supply to South Korean companies, as the country seeks to secure raw materials needed for the artificial intelligence boom.
Bloomberg Markets
Distressed Indonesian property firm PT Modernland Realty is seeking to restructure a dollar bond for a second time, highlighting liquidity challenges facing the builder of residential and industrial townships.