Asian Bonds Follow Treasuries Lower, Oil Gains: Markets WrapNew!!
Asian bonds followed Treasuries lower as concerns over government finances mounted, while higher oil prices added to fears that inflation will quicken. Stocks declined.
Prabowo’s ‘Pragmatic’ Speech Calms Weary Indonesia InvestorsNew!!
Indonesian President Prabowo Subianto’s annual speech on Friday was a rare uneventful affair, and that’s exactly what investors wanted to hear. Stocks rallied, while bond yields fell.
Supply Crunch Grips Copper Market as Key Spread Flares OutNew!!
Copper was headed for another day of turbulent trading after a key indicator of short-term supply tightness on the London Metal Exchange spiked.
Indian IPOs Shine Bright Even as Nifty Loses MomentumNew!!
The primary market is picking up pace, with eight of the past 10 IPOs seeing strong investor demand.
Hong Kong Exchange Renews CEO Chan’s Contract as IPOs BoomNew!!
ong Kong Exchanges & Clearing Ltd. has extended Chief Executive Officer Bonnie Chan’s contract for a three-year term from March 2027, as the bourse rides a surge in initial public offerings and strong trading volumes.
Saudis Offer Oil Near Oman in Possible Sign of ShuttlingNew!!
Saudi Arabia is offering to sell oil from off the coast of Oman, a sign that the kingdom may be following the United Arab Emirates in shuttling more barrels through the Strait of Hormuz.
Indian Lenders’ Dollar Bond Sales Hit Record Near $9 BillionNew!!
Indian financial institutions have sold a record of almost $9 billion in dollar bonds this year, as lenders rush to capitalize on a central bank facility that lowers hedging costs on overseas borrowings.
Latest Oil Market News and Analysis for Aug. 18New!!
Oil climbed for a third day as prospects for a near-term resolution of the US-Iran war receded, with President Donald Trump saying he’s not interested in extending an expiring agreement with Tehran.
Yardeni Warns Bond Vigilantes Stirring as US Yields Near 5%New!!
Yardeni Research warned that investors are showing growing signs of unease over rising government debt, though it said there’s no reason to push the panic button on the US bond market just yet.
Guggenheim Ties Sink Bonds of $135 Billion Insurer SammonsNew!!
Bonds of Sammons Financial Group fell to the lowest since they were issued in June after a report probed the life insurer’s connections to Mark Walter’s Guggenheim Partners.