Collateral Scarcity Fears Resurface in Europe With ECB Waiver Set to End
There are early indications traders are gearing up for another period of bond scarcity in Europe that risks blunting the impact of monetary tightening.
There are early indications traders are gearing up for another period of bond scarcity in Europe that risks blunting the impact of monetary tightening.
Microsoft Corp.’s $69 billion Activision Blizzard Inc. takeover faces a key decision in Britain as the nation’s merger watchdog marks its arrival as a global regulator with findings that could set the trajectory to the mega deal finalizing — or falling apart.
Thailand welcomed the first tour groups from China after the pandemic, betting the return of tourists following Beijing’s abrupt reopening will turbocharge the recovery of the Southeast Asian country’s vital tourism sector.
The mass trial of prominent pro-democracy figures in Hong Kong got underway Monday in the city’s largest national security case to date and a test of the rule of law that has underpinned the financial center’s success.
Shares of Paytm rose after India’s leading digital payments brand posted a narrower third-quarter loss with a surge in revenue.
The crisis facing billionaire Gautam Adani has revealed a potential pitfall in India’s ambitious plan to reduce emissions: its reliance on the country’s most affluent and powerful private citizens.
Foreign investors net bought NT$120 billion ($4 billion) worth of Taiwanese stocks last week, the most since 2005, Bloomberg data shows. Net purchases last Monday helped push the index into bull market territory. Slower Federal Reserve rate hikes and optimism of a cyclical recovery for tech, in particular semiconductors, are driving the buoyant market sentiment. Still, it remains to be seen if the enthusiasm will last as the Taiwan dollar may weaken amid mounting tensions between Washington and
Three straight days of gains are giving hope to embattled dollar bulls who are looking to a slew of Federal Reserve speakers and rising US-China tensions to extend a nascent rebound.
Harry Whittington, the attorney from Texas who survived a hunting accident in 2006 when then-US Vice President Dick Cheney shot him in the face while tracking a passing bird, has died. He was 95.
Indian policy makers and regulators stepped in over the weekend to calm frayed nerves over concerns the turmoil surrounding billionaire Gautam Adani’s conglomerate would spill over into the local economy and affect global investor sentiment toward the country.