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It was a Wednesday evening in late September and analysts covering New World Development Co. were getting antsy. The cash-strapped Hong Kong developer was late to report its earnings, and executives hadn’t shown up to a scheduled briefing.
A stronger yuan is among the most underpriced scenarios in the world’s $9.5 trillion-a-day foreign exchange market, according to Goldman Sachs Group Inc.’s Kamakshya Trivedi.
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Saudi warning system stayed silent before deadly airport attacks Reuters
Gold held a loss as the spreading conflict in the Middle East stoked fears that further energy supply disruptions could keep inflation elevated and increase the prospects for interest-rate hikes.
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US president contemplating dismissing Kimberly Guilfoyle after report claiming she accepted improper gifts
Malaysia’s billionaire king bought a stake in local miner Southern Alliance Mining Ltd., which is expanding into rare earths, including through a project in his home state of Johor.
A global slide in semiconductor stocks deepened, sending South Korea’s chip-heavy equity benchmark down 7% as concerns about AI overheating and Chinese competition intensified.
April LaRusse, co-head of global client portfolio management at BNY Investments, says it is too early to confidently call a peak in Treasury yields. Speaking on "The Asia Trade," LaRusse says current market pricing for roughly three rate hikes looks excessive, leaving room for a relief rally if the
Treasuries advanced as trading resumed after a long weekend, with a slide in Asian equities fueling demand for haven assets.
Shenzhen Transsion Holdings Co., which dominates the market for smartphones in Africa, raised HK$3.1 billion ($390 million) from a Hong Kong share share sale after pricing the deal near the top end.