Bloomberg Markets
Japan’s Government Pension Investment Fund hired active domestic bond funds for the first time in five years, a recognition that one of the world’s biggest retirement money managers needs to increase its expertise to deal with volatility in the nation’s debt market.
Bloomberg Markets
Wheat futures rose for a second session as escalating attacks between Russia and Ukraine threaten export prospects from two of the world’s top suppliers.
Yahoo Finance
Bloomberg Markets
South Korea’s stock selloff deepened as chip-makers extended losses following disappointment about SK Hynix Inc.’s earnings and as retail investors cut holdings.
Bloomberg Markets
Financial stocks listed in Hong Kong are poised for their biggest monthly advance in nearly two years, with investors piling into banks and insurers as enthusiasm for technology shares fades.
Bloomberg Markets
Hong Kong’s imports of gold surged to the most since late-2014 in June, driven by preparations for the city’s recently-launched clearing system as well as solid demand from mainland China.
Bloomberg Markets
The Nifty IT Index’s correlation with the Philadelphia Semiconductor Index has fallen to its lowest level since 2018.
Bloomberg Markets
Sanjeev Rana, head of research at CLSA Securities Korea, believes Hynix's earnings miss was the result of a weak product mix in the second quarter, and he expects "sequential earnings improvement." Meanwhile, KB Financial Group Global Investment Strategist Peter Kim shares his takes on the underlying trends driving the selloff in AI stocks. (Source: Bloomberg)
Bloomberg Markets
Rescuers continued the hunt for survivors in the ruins of a shopping mall on the southwestern island of Kyushu on Wednesday, after a major earthquake in which 13 people have been confirmed dead so far. (Source: Bloomberg)
Financial Times
Meta chief warns against ‘regulatory capture’ of American rules on the technology
Financial Times
Powerful tremor in Kumamoto prefecture has left at least 13 people dead
Financial Times
Cybersecurity firm Proofpoint faces higher borrowing costs and tighter covenants in latest debt deal
Bloomberg Markets
Australia’s core inflation came in cooler than anticipated last quarter, prompting money markets to slash bets on another interest-rate increase this year.
Bloomberg Markets
The crypto industry learned an expensive lesson this week when a Korean chip manufacturer’s shares suddenly dropped.
Bloomberg Markets
Global funds entered short positions in Hong Kong tech stocks earlier this year to raise funds to invest in South Korea’s chip giants, but the latest correlation numbers show those trades look to be rapidly unwinding.