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Firms tasked with defusing credit crises are getting into trouble
ZUS Coffee is considering an initial public offering of its Malaysia business to raise at least 1 billion ringgit ($245 million), according to people with knowledge of the matter.
A jump in South Korean stocks drove emerging-market equities higher on Thursday as the revival in the global AI trade pushed Seoul’s Kospi index into a technical bull market.
The yen remains within striking distance of a crucial level against the dollar, even after Prime Minister Sanae Takaichi’s government was said to support an interest-rate hike.
Brazilians will head to the polls in less than two months to elect their next president. What do the country’s 159 million voters care most about? Crime, narcotrafficking and corruption. They also worry about the economy, inflation, healthcare and education — the typical “kitchen table” issues of el
Seoul has curbed the use of leveraged ETFs.
Treasury Wine Estates Ltd.’s shares jumped by as much as 6.4% as signs of growth in the vintner’s critical China market outweighed a steep drop in full-year earnings.
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Oil eases as weaker demand outlook counters Mideast supply concerns Reuters
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Gold off two-month peak as traders seek inflation cues Reuters
European stock markets are booming. But that doesn’t mean Europe is. Traditionally, a bet on European equities is actually a bet on growth everywhere else. The companies that make up the Stoxx Europe 600 — which has risen by about 12% this year — get almost half their revenues outside the continent,