Bloomberg Markets
Allianz Global Investors is in exclusive talks to buy the asset management division of Singapore’s United Overseas Bank Ltd., according to people familiar with the matter.
Bloomberg Markets
Copper slumped, and other base metals fell, as caution swept through risk assets ahead of key US employment data that could shape expectations for Federal Reserve policy.
Yahoo Finance
Bloomberg Markets
Most economists expect the RBI to hold today, though an August hike looks near certain.
Bloomberg Markets
Korean stocks are pulling back from record highs as Broadcom Inc.’s outlook for AI-chip sales fell short of elevated expectations, pausing a blistering advance in semiconductor shares. Bloomberg's Anthony Stephens breaks down the situation. (Source: Bloomberg)
Bloomberg Markets
HSBC Holdings Plc and AIA Group Ltd. shares fell after a media report said some banks have suspended opening Hong Kong bank accounts for clients in mainland China that could be used for overseas investments. Bloomberg's Stephen Engle has the context. (Source: Bloomberg)