Market News

Goldman Sachs Senior Asia Economist Goohoon Kwon breaks down the reasons for the weak Korean won and explains why he is bullish on the strong fundamentals in the Korean equity market. (Source: Bloomberg)

Nickel steadied near the highest level since mid-2024 after top producer Indonesia signaled a potential drop in output.

Treasury Wine Estates Ltd. shares fell the most in a month after reports that an American distributor may sell its operations raised the prospect of further disruption to the company’s already struggling US business.

Chinese energy-drink maker Eastroc Beverage Group Co. has started gauging investor interest for a second listing in Hong Kong that may raise more than $1 billion, according to people familiar with the matter.

The Senate Banking Committee has delayed its discussion of the much-anticipated crypto market-structure bill, hours after exchange Coinbase Global Inc. pulled its support for the latest version.

An Ozempic price war is coming. As patents on semaglutide begin to expire, generic versions could slash the cost of weight-loss drugs in markets like China, India, Brazil and Canada. (Source: Bloomberg)

Iron ore’s robust start to the year continues to highlight what many observers deem to be a persistent mismatch between market pricing and conditions on the ground.

Hedge funds are ignoring yen intervention warnings and wagering in the currency option markets that it may fall toward 165 to a dollar before Japanese authorities step in.

Aurelius Capital Management and a group of other hedge funds renewed a lawsuit against Argentina seeking payments on securities tied to the performance of the South American nation’s economy.

Muji operator Ryohin Keikaku Co. rose the most in three months after first-quarter earnings beat expecations, driven by stronger global sales, supply-chain improvements and tighter control of price markdowns.

A hiring spree among hedge funds in Japan is reaching fever pitch. The latest must-have: talent scouts.

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Wells Fargo’s Mike Santomassimo, Nuveen’s Tony Rodriguez, Barclays’ Jason Goldberg, BlackRock’s Jamie Magyera, ProShares’ Mo Haghbin, NFIB’s Holly Wade, Goldman Sachs’ Kristin Olson, OpenAI’s Zach Kass, Former US Ambassador to Denmark Carla Sands. (Source: Bloomberg)

Carla Sands, former U.S. ambassador to Denmark and America First Policy Institute Energy Policy Distinguished Senior Fellow, says Denmark lacks the capacity and resources to develop or secure Greenland. She speaks with Romaine Bostick and David Gura on “The Close.” (Source: Bloomberg)

As Thailand’s general election nears, rising concerns about fiscal largesse are adding pressure on longer-dated bonds, spurring bets for sustained underperformance versus short-term notes.

KKR & Co. raised three-quarters of its $2.5 billion Asia private credit fund from new investors, as deepening economic decoupling pushes firms to broaden exposure and hedge geopolitical risk, according to top executives.

Today on the Big Take: Weeks of protests and the prospect of international intervention pose existential threats to Iran’s regime.

Silver retreated sharply — after surging to a record high — as the US held off from imposing tariffs on imports of critical minerals.

Kristin Olson, Goldman Sachs’ Global Head of Alternatives for Wealth, says private credit remains resilient, though flows may slow and redemptions edge higher. She tells David Gura and Romaine Bostick on “The Close.” (Source: Bloomberg)

The last time silver was this hot, Reddit posters piled in to drive prices even higher, creating a frenzy that overwhelmed dealers. The metal’s current rally has set off a similar dynamic.

BHP Group and Rio Tinto Group, the world’s two biggest mining companies, are poised to join forces in Australia’s Pilbara iron ore hub to produce up to 200 million tons of the steelmaking material from next decade.