Bloomberg Markets
Gold is on track for a third weekly loss, as a hawkish Federal Reserve and rate-hike bets outweigh the signing of an interim peace deal between the US and Iran.
Bloomberg Markets
Telecom-infrastructure firm Extenet is facing a cash crunch that could force it to cease operations before the end of the month, according to a letter shared with the company’s bond investors.
Bloomberg Markets
The Japanese government’s new push to encourage companies to use their cash for longer-term growth is raising concerns it will lead to unprofitable investments and erode corporate value.
Yahoo Finance
Yahoo Finance
Yahoo Finance
Bloomberg Markets
Attorneys general for California and Minnesota said the Commodity Futures Trading Commission isn’t equipped to handle gambling-associated issues like addiction, highlighting challenges the federal regulator faces as it aims to assert authority over prediction markets.
Yahoo Finance
Bloomberg Markets
Philippine and Thai companies are bearing the brunt of earnings downgrades across Southeast Asia, as their economies rely heavily oil and gas choked off by the closure of the Strait of Hormuz.
Yahoo Finance
Bloomberg Markets
Elliott Investment Management LP and SVP Global have recently bought debt of Braskem SA, the Brazilian petrochemical producer rushing to get creditors to agree to a restructuring plan, according to people familiar with the matter.