Dovish Bank of Japan monetary policy is fueling the busiest start to issuance in Japan’s domestic bond market for overseas issuers in five years, with Electricite de France adding to an uptick in deals on Thursday.
Central banks in Indonesia and the Philippines kept borrowing costs unchanged as expected, with both signaling rates will be steady in the near term to support their economies as price pressures ebb.
The Philippines kept its benchmark interest rate unchanged as price and currency pressures waned, although authorities signaled they’re not in a hurry to loosen policy settings.
Intelsat SA and SES SA have ended talks on a merger that would have created a satellite giant to help fend off growing competition as the industry consolidates.
Deutsche Bank AG Chief Executive Officer Christian Sewing signaled he plans to repurchase around €450 million ($495 million) worth of stock under the lender’s next buyback, providing more clarity about the program’s likely size.
Deutsche Bank AG Chief Executive Officer Christian Sewing said he’s open to more deals after surprising investors with the acquisition of UK corporate broker Numis Corp.
Any pullback in artificial intelligence-related stocks is a reason to buy as valuations aren’t overly expensive despite their stunning gains this year, Barclays Plc strategists say.
The US envoy to the European Union backed the bloc’s new security strategy that seeks to reduce dependence on China, stressing the need to focus on supply chains and export curbs.
Midea Group Co. has dropped its pursuit of Electrolux AB after finding the Swedish home appliance maker unreceptive to a deal, highlighting the persistent difficulties of Chinese takeovers.
(Bloomberg) — Jerome Powell would like to make one thing clear: the Federal Reserve is not done hiking interest rates.
