Financial Times
Analysts warn agreement may not succeed in attracting investment from US groups and could destabilise country’s interim president
Financial Times
For years, it struggled to get a licence to operate as a bank. Now it wants to shake up the industry with an ‘everything app’
Financial Times
Goldman Sachs, Morgan Stanley and Citi tell law firms their bills should fall because technology has made routine work faster
Financial Times
Shard Place’s policies, including those on guests and delivery riders, have frustrated many renters
Bloomberg Markets
Shein struggled in its Hong Kong debut, with shares falling as much as 10% to HK$43.72 in early trading before paring losses. Bloomberg's Winnie Hsu reports from the Hong Kong Stock Exchange. (Source: Bloomberg)
Bloomberg Markets
India’s new closing system absorbed a record $4.2 billion of stock trades linked to MSCI Inc. index rebalancing on Monday. Yet the sharp price swings that have plagued it since launch persisted, underscoring a key challenge to its long-term success: the lack of market makers.
Financial Times
US Treasury secretary Scott Bessent sends signal that he expects Bank of Japan to raise rates soon
Bloomberg Markets
Japan’s 10-year government bond yield touched 3% for the first time this century, an important milestone for a debt market that is returning to normality after benchmark borrowing costs languished near zero for years.
Bloomberg Markets
Japan’s 10-year government bond auction drew demand that was in line with its 12-month average as high yields attracted investors.
Bloomberg Markets
South Korea plans to issue up to 222.8 trillion won ($162.7 billion) of bonds in 2027, a total near this year’s record, as President Lee Jae Myung pushes his expansionary fiscal agenda.
Bloomberg Markets
President Donald Trump’s White House has called it the “biggest oil deal in history:” An agreement with Venezuela for the US to take control of more than 65 billion barrels of the nation’s crude reserves.
Bloomberg Markets
US soybean futures hit their highest level in almost three years after the Trump administration’s renewable fuel exemption announcement came in more bullish than expected for biofuel demand.
Bloomberg Markets
Zinc advanced to the highest level in more than four years on signs of tightening supply, building on a months-long rally.
Bloomberg Markets
About 60 of the 210 stocks traded in the auction window hit their 3% limits.
Bloomberg Markets
Australia’s benchmark sovereign bond yield rose to its highest level in 15-years as a global selloff deepened and traders increased bets that the Reserve Bank may need to hike interest rates again soon.
NY Times Business
Squeezed by new trade rules, shrinking market share and labor concerns, Shein’s share decline in Hong Kong on Tuesday is a sign investors have moved on.
Financial Times
Fast-fashion retailer completes long-delayed IPO at bargain-basement valuation
Bloomberg Markets
One of China’s largest Mercedes-Benz Group AG dealerships is grappling with soaring bond yields in a warning sign for the sector, as the country’s sluggish economy makes consumers think twice about splashing out on new cars.
Bloomberg Markets
Not since 2006 have yields on the longest-maturity Treasuries been this high for this long, with a gaping budget deficit, another wave of corporate issuance and a potentially decisive Federal Reserve meeting expected to keep investors wary in coming weeks.