Bloomberg Markets
Oasis Management Co. is stepping up pressure on Nidec Corp., urging the embattled Japanese manufacturer to explore privatization options to protect shareholder interests.
Financial Times
One little cog in the bond market’s feedback machine
Bloomberg Markets
Higher borrowing costs may be here to stay in India. With inflation pressures building from a weak monsoon, oil at $100 a barrel and a softer rupee, the RBI has begun tightening policy. Ruchi Bhatia explains why more rate hikes could follow. (Source: Bloomberg)
Bloomberg Markets
Intercontinental Exchange Inc. has launched new gold futures contracts in London, in the latest effort to expand trading in a market built on over-the-counter deals that’s dominated by a handful of global banks.
Bloomberg Markets
Japan Exchange Group Inc. announced that Kioxia Holdings Corp.’s weighting on the benchmark Topix index will rise, fueling expectations that passive inflows will provide support for the shares.
MarketWatch
AMD’s CEO has been meeting executives in Taiwan and South Korea.
Bloomberg Markets
Hong Kong’s main technology stock benchmark is expanding its number of constituents to 50 from 30 in a major revamp to better represent the fast-growing artificial intelligence and robotics sectors.
MarketWatch
Investors are “underestimating the scale and scope” of the AI spending wave, said Dan Ives as he laid out five stocks to own.
Bloomberg Markets
Oenophiles on beer budgets have never had it better.
Bloomberg Markets
Equity markets face a genuine rival in bonds for the first time in decades, according to Savita Subramanian at Bank of America Corp., who also cautioned that elevated investor sentiment leaves stocks more exposed to disappointment than upside.
MarketWatch
“I keep thinking about giving each child $750,000 toward a house.”
MarketWatch
Elon Musk’s SpaceX is in talks with banks and investors to borrow $40 billion to fund a purchase of Nvidia chips, according to a Financial Times report.
Bloomberg Markets
Bloomberg Markets
India’s rupee retreated even after the central bank hiked interest rates for the first time in four years, as the lack of more aggressive steps to tighten liquidity and support the currency left traders disappointed.
Bloomberg Markets
"Bonds actually look interesting again," says Savita Subramanian, Bank of America’s head of US equity and quantitative strategy, as she weighs the potential returns from bonds and equities over the next decade. "The risk-return for a 10-year Treasury today is about over 5%," Subramanian tells Bloomberg Television. "Whereas when you look at the S&P 500, our valuation framework suggests that returns over the next ten years might not even be at those levels, at that 5% clip." (Source: Bloomberg)
Bloomberg Markets
RWE AG has played down the prospect of taking a major role in state-owned Uniper SE, after the utility teamed up with private equity firm KKR & Co. to make a non-binding bid for the German company.
NY Times Business
The European Union is weighing tougher trade measures as negotiators prepare to meet Chinese officials in Beijing, with surging exports from China pressuring key industries in Europe.
MarketWatch
Actor Josh Brolin has sold his lavish Sandy Springs, Ga., estate for $4 million—a final sale price falling just under $1 million less than the original asking price of $4.999 million.
NY Times Business
China’s push to manufacture more at home has widened its trade imbalance with Europe, intensifying pressure on European industries and policymakers to take action.
NY Times Business
In the wake of the ultra-low-cost carrier’s closure, and with the cost of fuel and labor rising, domestic fares have become less competitive. But there are ways to parry higher prices.