Asia-Pacific markets were set to open mixed as traders awaited announcement on whether the Aug. 12 deadline for U.S.–China tariff truce would be extended.
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Asia markets set for a mixed open as U.S.-China tariff truce deadline looms
World
No fear of ‘cockroaches’? Private credit funds raise billions as investors look past warnings
Wall Street, Manhattan, New York. Andrey Denisyuk | Moment | Getty Images Investor appetite for private credit remains undeterred even as warnings mount over looser loan approval and risk-assessment practices, as well as rising pockets of borrower stress. The troubles at First Brands Group last September became a flashpoint for critics of private credit after […]
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World
Japan’s 40-year bond yield hits 4% record on fiscal jitters following election call
Bird’s-eye view of central Tokyo including Tokyo Tower at sunrise hours. Vladimir Zakharov | Moment | Getty Images Japan’s 40-year government bond yield hit a record high on Tuesday amid a broad selloff in government bonds, as investors worried that proposed cuts to the food sales tax could worsen the country’s fiscal position. The long-dated […]
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World
China keeps benchmark lending rates unchanged despite slowing economic growth
BEIJING, CHINA – JANUARY 06: The People’s Bank of China (PBOC) building is seen on January 6, 2025 in Beijing, China. Visual China Group | Getty Images China’s central bank kept its loan prime rates unchanged on Tuesday as the authorities focus on targeted support for specific sectors to bolster a slowing economy instead of […]
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