Debt and bond markets
Eyeing U.S. election, China considers over $1.4 trillion in extra debt over next few years, Reuters reports
This photo taken on September 24, 2023, shows residential buildings in Chongqing, in southwest China. Stringer | Afp | Getty Images China is considering approving next week the issuance of over 10 trillion yuan ($1.4 trillion) in extra debt in the next few years to revive its fragile economy, a fiscal package which is expected to be further bolstered if Donald Trump wins the U.S. election, said two sources with […]
Read More
Paul Tudor Jones says market reckoning coming on spending after election: ‘We are going to be broke’
Billionaire hedge fund manager Paul Tudor Jones is raising alarms about the U.S. government’s current fiscal deficit and the increased spending promised by both presidential candidates, saying the bond market may force the government’s hand after the election in addressing it. “We are going to be broke really quickly unless we get serious about dealing […]
Read More
China’s bond market is rattled as central bank squares off with bond bulls
A “Buy Treasury bonds” poster is seen at a bank in Haian, East China’s Jiangsu province, Aug 1, 2024. Cfoto | Future Publishing | Getty Images China’s bond market, the world’s second largest, is on edge following a turbulent week in which the central bank started intervening heavily to stem a plunge in yields even as the economy is struggling. […]
Read More
Japan’s yen experienced a rollercoaster 7 days amid suspected intervention. This is what you require to know
An undated photographic illustration of Japanese yen and the U.S. greenback lender notes. Glowimages | Glowimages | Getty Photos The Japanese yen weakened to levels not seen in 34 years in opposition to the U.S. greenback on Monday, only to rebound and likely clock its finest week in a lot more than a calendar year. […]
Read More
Shares of Nio soar extra than 20% as EV deliveries far more than double in April
Nio’s ET5 stands on screen at the Central China International Auto Demonstrate on May perhaps 25, 2023, in Wuhan, China. Getty Photos | Getty Illustrations or photos Information | Getty Visuals Shares of Chinese electric car maker Nio Inc jumped 20% Thursday immediately after its auto deliveries far more than doubled in April. Hong Kong-outlined […]
Read More
Asia’s initial location bitcoin and ether ETFs debut in Hong Kong
Representations of cryptocurrency Bitcoin are put on a Computer system motherboard in this illustration taken June 16, 2023. Dado Ruvic | Reuters Hong Kong on Tuesday released 6 location bitcoin and ether trade traded money — getting the first in Asia to supply retail investors the capability to trade the cryptocurrencies at location price ranges. […]
Read More
China and Hong Kong shares missing practically $5 trillion in 3 yrs — far more than India's industry cap
MUMBAI, MAHARASHTRA, INDIA – 2024/02/01: A circular metal emblem with words ‘This indicator indicates purchasing of shares’ is observed close to the pavement of a road around Bombay Inventory Exchange (BSE) in Mumbai. Sopa Photographs | Lightrocket | Getty Photographs Stocks in China and Hong Kong bought off a substantial $4.8 trillion in marketplace capitalization […]
Read More
Indian bonds are set to be added to world indexes. Here's why it could be a gamechanger
A woman walks previous a statue of a bull in close proximity to Bombay Stock Trade (BSE) in Mumbai. Sopa Pictures | Lightrocket | Getty Pictures The selection to include things like Indian federal government bonds in two outstanding global indexes not too long ago is being considered as a shot in the arm for […]
Read More
China tightens polices on client finance businesses
BEIJING, CHINA – MARCH 04: Chinese nationwide flags flutter at the Fantastic Hall of the Folks as the second session of the 14th Countrywide Committee of the Chinese People’s Political Consultative Meeting (CPPCC) opens on March 4, 2024 in Beijing, China. (Photo by VCG/VCG via Getty Images) Vcg | Visual China Team | Getty Visuals […]
Read More
Disney's $8.5 billion Reliance merger is a streaming wars get in sporting activities-obsessed India
Disney+ Hotstar brand is observed on a smartphone and flag of India on a pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Photos/LightRocket through Getty Photographs) Sopa Pictures | Lightrocket | Getty Illustrations or photos Walt Disney and Indian conglomerate Reliance‘s media merger will give back again remarkably precious cricket streaming legal rights to the U.S. organization […]
Read More