Asian Stocks Extend Losses, Bond Yields in Focus: Markets WrapNew!!
Asian stocks fell for a fourth day as mounting inflation concerns fueled a rise in global bond yields, prompting investors to reassess valuations after a record-breaking rally.
Kokusai Electric Shares Decline as KKR Sells All Its StakeNew!!
Kokusai Electric Corp. shares dropped after saying its biggest holder KKR & Co. is offloading its entire stake in the Japanese supplier of chipmaking gear.
Singapore Tops Indonesia as Biggest Southeast Asia Stock MarketNew!!
Singapore has taken over Indonesia as Southeast Asia’s largest stock market, signaling investors’ endorsement of the city-state’s market reforms and their diminishing confidence in its neighbor’s economic management.
Palm Oil Stocks Drop on Indonesia Plan to Tighten Export ControlNew!!
Indonesian palm oil producer stocks tumbled on the prospect of tighter state control over commodity exports in Southeast Asia’s largest economy.
EU Expedites Start of US Trade Deal in Bow to Trump DemandNew!!
The European Union finalized the text of its long-delayed US trade deal after months of negotiations, clearing a major hurdle to ratifying the pact before President Donald Trump’s threatened deadline to impose higher tariffs.
Oasis Mgmt Fischer on Investment StrategiesNew!!
Seth Fischer, Founder and CIO of Oasis Management, discusses his outlook and investment strategies for the Japanese market. He speaks with Shery Ahn and Haidi Stroud Watts from the sidelines of Sohn Hong Kong Investment Leaders Conference on "Bloomberg: The Asia Trade". (Source: Bloomberg)
Global Banks Fill Void in Australian AT1 Market After PhaseoutNew!!
The decision by Australia’s banking watchdog to phase out Additional Tier 1 bonds marked the end of local lenders issuing the riskiest type of bank debt. Big international banks are now moving in to fill the void.
Morgan Stanley Japan CEO: Hope Yen to Gain to 140New!!
Alberto Tamura, CEO at Morgan Stanley Japan, says he is hoping that the yen strengthens to around 140 against the dollar, and that action from the Bank of Japan is key for that to happen. He speaks with Shery Ahn from the sidelines of the Morgan Stanley and MUFG Japan Summit in Tokyo. (Source: Bloomberg)
Beach Energy CEO on Business outlookNew!!
Brett Woods, Managing Director and CEO of Beach Energy, discusses the outlook for the Australian oil and gas producer's business. He speaks with Paul Allen on the sidelines of the Australian Energy Producers Conference & Exhibition in Adelaide on "Bloomberg: The Asia Trade". (Source: Bloomberg)
Trump Threatens Iran With ‘Big Hit’New!!
President Donald Trump threatened to resume strikes on Iran in the coming days as part of the push for a deal to end the war, after he said he had just called off a US attack. Bloomberg's Michael Heath breaks down the latest. (Source: Bloomberg)