Asian Bonds Beat Emerging Peers Who Have Rate Cut Advantage
Emerging Asia ex-China bonds have beaten their developing-nation peers this quarter, and this outperformance looks set to continue even if US interest rates keep rising.
Emerging Asia ex-China bonds have beaten their developing-nation peers this quarter, and this outperformance looks set to continue even if US interest rates keep rising.
Bank of Korea Governor Rhee Chang-yong sought to maintain focus on reining in inflation and household debt as the board left its benchmark interest rate unchanged and opted to remain hawkish ahead of major central bank events in the US.
Qantas Airways Ltd. and Air New Zealand Ltd. have both snapped up new planes to boost previous multibillion dollar aircraft orders, suggesting aviation’s lucrative post-Covid travel boom is far from over despite concerns about sky-high fares.
Republican presidential candidates on Wednesday unleashed barbs on the economy, abortion and crime in the first primary debate of the campaign season. But their attacks did little to reset the dynamics of the race because they largely left frontrunner Donald Trump untouched.
After making history by becoming the first nation to successfully send a spacecraft near the moon’s south pole, India is one of only two countries with active rovers on the lunar surface.
Asian semiconductor stocks got a fresh boost from a stellar set of results at Nvidia Corp., the standard bearer of the artificial intelligence theme that propelled gains in the sector earlier this year.
Republican presidential candidates were largely united in their criticism of President Joe Biden’s economic record in Wednesday’s debate but sparred over foreign policy, the border and abortion rights.
Republican candidates battled each other over the economy in their first debate of the 2024 race, waging attacks on President Joe Biden’s policies while seeking to gain ground on the absent GOP frontrunner Donald Trump.
Internet startup VNG Ltd. filed for an initial public offering in the US, making it the first Vietnamese technology company to seek a listing in New York and adding to a diversifying roster of companies planning listings as equity markets thaw.
Nvidia Corp.’s Chief Executive Officer Jensen Huang grew as much as $4.2 billion richer after the company’s latest earnings and forecast beat estimates.