Treasury bonds surged, pushing key two-year yields to their lowest level this year, as investors bet the collapse of three US lenders will compel policymakers to halt interest-rate increases.
Adnoc Gas, a subsidiary of Abu Dhabi’s main energy company, surged in its trading debut after raising $2.5 billion in the world’s biggest initial public offering so far this year.
An industrial camera that contains radioactive material went missing in Houston last week, according to state health authorities.
Crypto hedge fund executive Marco Lim spent Monday racing to open bank accounts in Hong Kong after the sudden collapse of three US lenders.
Traders are on a record-long streak of hedging against a decline in the Egyptian pound as some Wall Street banks warn growing pressures on the currency could soon force the central bank’s hand in allowing another devaluation.
When any entity in the global economy goes under, it’s traditional to blame policy tightening — and it’s no different following the collapse of Silicon Valley Bank.
The cost of insuring the bonds of Credit Suisse Group AG against default climbed to the highest on record as the collapse of Silicon Valley Bank sparked concern about broader contagion in the banking industry.
Morgan Stanley’s Michael Wilson, known for being one of Wall Street’s most bearish strategists, recommended that investors sell any rebound in US stocks that may result from regulators’ support measures after the collapse of Silicon Valley Bank.
Pakistan’s former premier Imran Khan is requesting the courts to hear his cases in a high-security judicial complex in the country’s capital after he skipped a lower court proceeding where he would have been formally indicted.
Cinven has made an indicative offer to take Synlab AG private in a roughly €2.2 billion ($2.4 billion) deal, just two years after listing the German laboratory operator that’s now battling with reduced demand for its testing facilities.
