Bloomberg Markets
South Korea’s central bank was already leaning toward higher rates at its May meeting, even with some policymakers who voted to keep borrowing costs unchanged arguing that inflation risks were starting to outweigh the costs of tighter policy.
Yahoo Finance
Bloomberg Markets
Robust appetite for China’s offshore yuan bonds is aggravating a quarter-end liquidity squeeze in Hong Kong, sending funding costs to a two-month high amid a seasonal surge in cash demand.
Bloomberg Markets
SpaceX shares surged in premarket trading, putting the stock on track to extend a rally following its blockbuster debut last week.
Financial Times
Head coach of Tehran’s squad says ‘oppressed’ players instructed to go back to training base over border
Bloomberg Markets
India’s richest civic authority has extended the deadline for submitting bids on its 95 billion rupees ($1 billion) municipal offering, which is expected to be raised in one or more tranches.
Bloomberg Markets
Three months into a conflict that has roiled the Middle East, a nuanced picture is emerging on the state of Dubai’s housing market. The total value of transactions is down steeply, though prices have proved more resilient and buyers continue to seek out pockets of opportunity.
Bloomberg Markets
STMicroelectronics NV is looking to raise $1.5 billion from selling debt that can be exchanged into equity after the chipmaker’s shares tripled in value so far this year.
Bloomberg Markets
One of two Israeli banks giving Palestinians access to financial services plans to end the relationship in September, a move Palestinian officials warn could put further pressure on an economy already in turmoil.
Bloomberg Markets
The Philippines is tapping the international bond market for the second time this year, seizing the opportunity to fund state spending as borrowing costs eased on optimism over a potential US-Iran agreement.
Bloomberg Markets
Pricing out a Middle East war looks like the easy part for equities, which must still confront a potentially hawkish new Federal Reserve chair, Washington’s disruptive intervention in the AI trade, and the biggest wave of stock supply in market history.