Global Yen Bond Market Emerges as Oasis Amid Japan Volatility
The market for yen bonds from global firms is hotter than it’s been in years, providing money managers with an oasis as rates volatility soars.
The market for yen bonds from global firms is hotter than it’s been in years, providing money managers with an oasis as rates volatility soars.
The Australian dollar has been on an upswing this month as the greenback weakened. But risks are building on the horizon.
Chevron Corp. reported second-quarter earnings of $6.01 billion, beating analyst estimates.
Rising hopes of a soft landing for the US economy likely hinge on the Federal Reserve’s willingness to tolerate inflation markedly higher than it would prefer.
Spanish conservative leader Alberto Nunez Feijoo won the most seats in Sunday’s election and is on track to govern with the support of the far-right group Vox, according to opinion polls.
Dozens of drugs made by Pfizer Inc. may be more difficult for hospitals to purchase because they were manufactured at the company’s North Carolina plant that was damaged by a tornado last week.
Bain Capital has agreed to buy the 90% stake Gautam Adani’s family holds in an Indian shadow bank, allowing the embattled billionaire to pare down his non-core businesses.
Spaniards are voting Sunday in stifling summer heat, with the conservative opposition clear frontrunners but likely needing to forge a coalition with the far right to govern.
President Volodymyr Zelenskiy renewed his call for “a fully-fledged sky shield” after Kremlin forces unleashed a missile barrage against Odesa overnight. It was the largest in a string of almost daily strikes on the Black Sea port city after Moscow pulled out of the UN-brokered Ukrainian grain export deal on July 17. Russia aims to neutralize international efforts to renew the functioning of the grain corridor, Ukrainian Security Council Secretary Oleksiy Danilov said on Facebook.
Roughly 19,000 people were evacuated from parts of a Greek island where wildfires broke out amid the heat wave that’s set temperature records across southern Europe.