Credit Markets Are Poised for a Gut Check After 10% Rally
After rallying for the past three months, the mood is starting to shift in global credit markets.
Bloomberg Business
Investors Brace for Risk Inflation Dooms Bonds to Bear Market
Investors are bracing for key inflation data next week that could worsen the bond-market rout.
Million March in France as Unions Threaten Broad Shutdown
French labor unions threatened to bring the nation to “a halt” in March as the number of protesters against government pension reform swelled to about 1 million on Saturday.
How State Street Has Used AI to Find ‘Hidden Gems’ Since 2018
ChatGPT has taken the internet by storm, triggering a new wave of speculation surrounding how artificial intelligence can disrupt various industries and markets. Yet AI has already been at work for years on Wall Street, where State Street and other companies have grasped onto the concept to help put together innovative exchange-traded funds.
Systemic Failures Led To Explosion That Shut Texas Gas Plant
The blast at a massive Texas gas export plant last June was caused by inadvertently removed overpressure protection and closed valves, federal regulators said Saturday in its first in-depth public review of the incident.
Anti-Rat NYC Mayor Protests Rodent Citations on His Own Townhouse
New York Mayor Eric Adams has pledged a war on rats, but on Thursday he faced a city hearing to defend himself against charges of colluding with the enemy.
Ukraine Latest: Zaluzhnyi, US’ Milley Discuss Latest Strikes
Russia launched its biggest barrage of missile attacks against Ukraine so far this year, a day after President Volodymyr Zelenskiy completed a visit to European capitals, where he sought more weapons to fend off Vladimir Putin’s invasion.
Your Saturday Asia Briefing: Bailout, Slump, Distress and Death
Asia’s financial markets are going through a rocky patch, yet investors are determinedly seeing the silver lining and seeking out places to put their money. This week we take a tour of some of the region’s shakier asset groups and talk to people who are in the midst of the chaos.
Rishi Sunak Is Privately Drafting Plans to Rebuild Britain’s Ties With the EU
The war in Ukraine and Brexit acrimony is forcing a rethink that risks a backlash from hardcore Euroskeptics in the governing Conservative party.
Belgian MEP Charged With Money Laundering, Corruption
European lawmaker Marc Tarabella has been charged with corruption, money laundering, and the membership of a criminal organization by a Belgian investigating judge.
