Bondholders Hopeful Sri Lanka Debt Deal Draft Ready Next Month
Sri Lanka may be able to draw the outlines of a deal with holders of its defaulted dollar bonds as soon as next month, according to people familiar with the matter.
Sri Lanka may be able to draw the outlines of a deal with holders of its defaulted dollar bonds as soon as next month, according to people familiar with the matter.
Former Goldman Sachs Group Inc. managing director Javier Rodriguez-Alarcon is joining XBTO, the crypto investment firm that’s the jersey sponsor for football superstar Lionel Messi’s new team Inter Miami.
Huawei Technologies Co. scheduled a major consumer launch on the anniversary of one of its biggest milestones, the date the founder’s eldest daughter returned to China after three years of house arrest in Canada.
BYD Co. may face further selling pressure as traders ramped up bearish bets against the electric vehicle maker even before the European Union launched an investigation into Chinese subsidies for clean cars.
The sale of a stake in Cipla Ltd. is in jeopardy as potential buyers have balked at the 1.09 trillion rupee ($13.1 billion) valuation members of the founding family are targeting for the Indian firm in a deal, according to people familiar with the matter.
The yuan is set to bounce as the government’s efforts to boost consumption bear fruit and the lure of higher-yielding assets abroad diminishes, according to the offshore wealth arm of Citic Securities Co.
German debt hasn’t been this appealing relative to cash in years, the latest sign a collateral shortage that dogged the region’s money markets is easing.
The shareholder that controls Novo Nordisk A/S is responding to a downturn in green assets by ratcheting up investments with profits from the obesity drugmaker.
Five women feature in Prime Minister Fumio Kishida’s new cabinet lineup, equaling a record, yet the influx may not point to a gender equality breakthrough in a country that struggles to appoint female leaders in most fields.
The highest rice prices in 15 years are threatening to worsen inflation in the Philippines and pummel the nation’s local bonds that are already underperforming regional peers this quarter.