Dawn of Interest-Rate Pivots Threatens EM’s Standout Trade
One of the year’s top fixed-income trades is facing a critical juncture in Latin America as bond investors attempt to time pivots in US and local interest rates.
One of the year’s top fixed-income trades is facing a critical juncture in Latin America as bond investors attempt to time pivots in US and local interest rates.
Polish inflation slowed to its lowest rate in 17 months, making it more likely that the central bank will start cutting interest rates as early as in September.
Heineken NV shares plunged after the Dutch brewer cut its earnings forecast on weakening consumption following double-digit price increases.
Telia Co AB boss Allison Kirkby is taking the helm at BT Group Plc, assuming the role of chief executive officer from Philip Jansen.
UBS Group AG has seen a round of exits within its wealth division in Hong Kong less than two months after it completed the merger with Credit Suisse Group AG, according to people familiar with the matter.
Top money managers are doubling down on convictions the Bank of Japan is well on the road to exiting the world’s boldest experiment with ultra-loose monetary policy.
Saudi Arabia’s stocks offer some of the best buying opportunities in emerging markets, if investors look beyond oil, according to a top-performing fund manager.
The battle for deposits among Indian lenders is unlikely to abate, a senior official at Axis Bank Ltd. said on Monday, with customers seeking higher returns on their investments.
Siemens Energy AG is trying to delay delivery of new wind turbines from its troubled 5.X platform by as much as seven months as the company races to contain the fallout from flaws in its machines, according to people familiar with the matter.
Warburg Pincus is hiring Goldman Sachs Group Inc. veteran Takashi Murata as co-head of Asia real estate to bolster its business in the region and build out its private equity and real estate investments in Japan.