Market News

The yen led gains among Group-of-10 currencies after Bank of Japan board member Hajime Takata, the most hawkish voice on the panel, renewed calls for further rate increases.

Copper fell as investors waited for demand from industrial users in top buyer China to rebound after the Lunar New Year break.

Indonesia pulled off its biggest global bond sale since at least 2017, overcoming the threat of a credit rating and signaling easing investor concerns about fiscal woes in Southeast Asia’s largest economy.

Emerging markets are shaping up to be one of this year’s standout trades.

A retired US Air Force major has been arrested over accusations that he trained Chinese military pilots, the Justice Department said on Wednesday.

Warner Bros. Discovery Inc. said a new $31-a-share buyout offer from Paramount Skydance Corp. could lead to a better deal than its existing agreement with Netflix Inc., kicking off another potential round of bidding for the famed Hollywood studio. Warner Bros. isn’t withdrawing its recommendation that investors support Netflix’s $27.75-a-share agreement to buy the company’s studio and HBO operations, according to a statement Tuesday. Instead, it’s saying the latest Paramount terms meet the threshold for further talks. Robert Fishman, Senior Research Analyst with MoffettNathanson, details latest twists and turns in the battle of media giants ahead of Paramount's latest earnings. He speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily. (Source: Bloomberg)

Indian banks’ bond holdings have neared the regulatory minimum threshold, prompting some to speed up purchases, with the treasurer at the country’s second-largest state lender saying higher yields are boosting demand.

Elevated valuations also limit scope for large upside, CLSA says.

Some of Asia’s biggest banks are working on bids for HSBC Holdings Plc’s retail assets in Indonesia, according to people familiar with the matter, helping them to forge ahead in Southeast Asia’s largest economy.

Australian business investment rose more than expected in the final three months of last year, buoyed by a surge in renewable energy projects and suggesting the economy was on a solid footing before the Reserve Bank raised interest rates this month.

Shell Plc is in talks with companies including a unit of Abu Dhabi National Oil Co. over a minority stake in its A$34 billion ($24 billion) North West Shelf gas export plant in Western Australia, according to people with knowledge of the matter.

Iconic British retailer Marks & Spencer will leave the Philippines after four decades as changing consumer preferences reshape the retail landscape, its local franchise holder said.

Authorities in China have asked steel mills in the north to temporarily curb operations to help reduce pollution during key annual government meetings in March.

The Bank of Japan’s most hawkish board member Hajime Takata renewed his call for raising the benchmark interest rate a day after Prime Minister Sanae Takaichi signaled her desire for the continuation of loose monetary policy.

Shares in Qantas Airways Ltd. dropped the most in almost a year after earnings from its international unit unexpectedly fell and the company flagged rising costs from wages and aircraft maintenance.

Lithium prices and shares surged after Zimbabwe, one of the world’s top producers, suspended concentrate exports, fueling fears that global supplies of the battery ingredient will tighten.

For years, billionaire Raamdeo Agrawal has been one of India’s biggest bulls, predicting as recently as June that the benchmark stock index will more than triple over the next decade.

As German Chancellor Friedrich Merz tours China with a host of his country’s business leaders, he may be heartened to see the Chinese yuan is at last starting to appreciate against the euro.

Wall Street’s conviction trade on Japan’s bond market is starting to fray, with strategists arguing the sharp flattening in the yield curve after Prime Minister Sanae Takaichi’s election victory has gone too far.

A private credit fund jointly managed by Future Standard and KKR & Co. cut its dividend to 48 cents a share from 70 cents after earnings fell amid declining interest rates and losses tied to struggling investments.