Prices for previously owned Rolex, Patek Philippe and Audemars Piguet watches will keep falling as supply remains high, according to analysts at Morgan Stanley and market research platform WatchCharts.
Kenya’s dollar bonds have reversed a peer-beating performance following deadly protests in the nation’s capital and other towns.
BC Partners agreed to sell a minority stake in PetSmart to Apollo Global Management Inc., having shelved plans to take the North American pet retailer public last year.
Bank Indonesia kept its key rate at a four-year high to shield the rupiah ahead of a widely expected tightening by the US central bank, while lowering reserve requirement for some lenders to boost credit expansion, signaling that it’s keeping a close eye on economic growth.
There are so many bulls in the US stock market that any disappointment on the economy or earnings poses a risk to the rally, according to Citigroup Inc. strategists.
Taiwan Semiconductor Manufacturing Co., the main chipmaker for Apple Inc. and Nvidia Corp., said it’s taking routine precautions at all its fabs in Taiwan as super typhoon Doksuri moves toward the island.
Warren Buffett’s multibillion-dollar purchases of oil and gas investments early in the pandemic paid off when the sector cranked out record earnings in 2022. But instead of selling out for a huge profit this year, the Oracle of Omaha wants more.
Dubizzle Group, which operates classifieds websites popular with expatriates in the United Arab Emirates, is working with Citigroup Inc. and HSBC Holdings Plc on its potential initial public offering, according to people familiar with the matter.
Demand for loans among companies in the euro zone plunged by the most on record in the second quarter — a clear signal that the European Central Bank’s yearlong campaign of interest-rate hikes is feeding through to the 20-nation economy.
Binance will roll out full services on its new platform for Japan in August, the crypto exchange’s founder Changpeng Zhao said via video at a conference in Tokyo on Tuesday.
