Bloomberg Markets :press: 2 years ago

Credit Risk Gauge Rises as Market Digests Hawkish Pause A key measure of perceived risk in the US corporate bond market hit daily highs Wednesday after the Federal Open Market Committee announced its plans to hold steady its benchmark interest rate, further pushing its higher-for-longer narrative. #press https://www.bloomberg.com/news/articles/2023-09-20/credit-risk-dial-ticks-up-as-fed-holds-rates-for-second-time?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Taiwan’s Former Top Cop Wants China Talks If Voted President One thing Hou Yu-ih wants Taiwan’s voters to know about him as they prepare to elect a new president is that he used to be a great cop. #press https://www.bloomberg.com/news/articles/2023-09-20/taiwan-former-top-cop-says-he-d-start-talks-with-china-if-voted-president?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Sweden’s Property Hopes Dashed as Convertible Bond Sale Pulled A tentative funding revival in Sweden’s commercial property sector suffered a setback on Wednesday after a landlord was forced to scrap a convertible bond sale owing to a lack of demand. #press https://www.bloomberg.com/news/articles/2023-09-20/sweden-s-property-hopes-dashed-as-convertible-bond-sale-pulled?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Luxury Nikki Beach to Open Homes in Newest UAE Billionaire Haven An international luxury beach club is tying up with a United Arab Emirates-based developer to bring branded residences to Ras Al Khaimah, a city about 45 minutes from Dubai that’s increasingly positioning itself as a haven for high net worth individuals. #press https://www.bloomberg.com/news/articles/2023-09-20/luxury-beach-club-nikki-aldar-to-build-ocean-view-homes-in-ras-al-khaimah-rak?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

UBP Says Likely to See Upside Risks in Dollar-Yen Peter Kinsella, global head of foreign exchange strategy at Union Bancaire Privee, talks about the Japanese yen, the Chinese yuan and central banks' policies. He speaks with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Asia." (Source: Bloomberg) #press https://www.bloomberg.com/news/videos/2023-09-20/ubp-says-likely-to-see-upside-risks-in-dollar-yen-video?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Australia Ends Fight to Eradicate Bee Killer After Rapid Spread Australia has given up the fight to eradicate a deadly parasite that’s ravaged bee populations across the world after the pest spread rapidly across New South Wales, the nation’s largest honey-producing region. #press https://www.bloomberg.com/news/articles/2023-09-20/australia-ends-fight-to-eradicate-bee-killer-after-rapid-spread?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Marketing Firm Klaviyo Prices IPO Shares at $30 Each Marketing and data automation provider Klaviyo Inc. priced shares in its initial public offering at $30 each, above a marketed range, according to people familiar with the information who asked not to be identified because it wasn’t public yet. #press https://www.bloomberg.com/news/articles/2023-09-19/marketing-firm-klaviyo-is-said-to-price-ipo-shares-at-30-each?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

China’s Equity Rout Puts at Risk $5 Billion Worth of Derivatives Held by Koreans The persistent weakness in Chinese stocks listed in Hong Kong augurs ill for risk-loving retail investors in South Korea, given their exposure to the market through complicated structured products. #press https://www.bloomberg.com/news/articles/2023-09-18/china-s-equity-rout-puts-at-risk-5-billion-worth-of-derivatives-held-by-koreans?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Bloomberg Surveillance 09/18/2023 Tom Keene, Jonathan Ferro and Lisa Abramowicz have the economy and the markets "under surveillance" as they cover the latest in finance, economics and investment, and talk with the leading voices shaping the conversation around world markets. This show is simulcast worldwide on Bloomberg Television and Radio. (Source: Bloomberg) #press https://www.bloomberg.com/news/videos/2023-09-18/bloomberg-surveillance-09-18-2023?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Pot Stock Rally Burns Short Sellers for $105 Million in Losses A surge in shares of cannabis companies has saddled short sellers with more than $105 million in losses this year, but that hasn’t stopped traders from betting against the sector. #press https://www.bloomberg.com/news/articles/2023-09-18/pot-stock-rally-burns-short-sellers-for-105-million-in-losses?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Trillion-Dollar Industry Powering Chicago Is at Risk of Leaving The letters are stamped all over the hallways of Chicago’s giant skyscrapers and grand office buildings. DRW, IMC, CME, Cboe. #press https://www.bloomberg.com/news/articles/2023-09-18/trillion-dollar-industry-powering-chicago-is-at-risk-of-leaving?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Blackstone Head of Private Credit in Europe and APAC to Leave Firm Blackstone Inc.’s head of European and APAC Private Credit Paulo Eapen is set to leave the firm. #press https://www.bloomberg.com/news/articles/2023-09-18/blackstone-head-of-private-credit-in-europe-apac-to-leave-firm?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Roubini Says BOE and ECB Must Raise Rates to Avoid ‘Stagflation’ The European Central Bank and the Bank of England must keep raising interest rates to ward off the risk of causing “stagflation,” the prominent economist Nouriel Roubini warned. #press https://www.bloomberg.com/news/articles/2023-09-18/roubini-says-boe-and-ecb-must-raise-rates-to-avoid-stagflation?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Instacart’s Long-Awaited IPO to Test CEO’s Pivot, Market Rebound Online grocery startup Instacart has been flirting with an initial public offering for years and is finally set to take the plunge Monday in another bellwether listing for a still-anxious market. #press https://www.bloomberg.com/news/articles/2023-09-18/instacart-s-long-awaited-ipo-to-test-ceo-s-pivot-market-rebound?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

UBS Parent Firm Selling First Bond Since Credit Suisse Takeover UBS Group AG is selling its first bond from the parent company since the takeover of Credit Suisse in March, opening books on a three-part offering in dollars. #press https://www.bloomberg.com/news/articles/2023-09-18/ubs-parent-firm-selling-first-bond-since-credit-suisse-takeover?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Bond Market at Risk of Third Annual Loss Needs a Dot-Plot Rescue Federal Reserve policymakers’ updated forecasts for their benchmark interest rate, due Wednesday, are looming as a key potential decider for a US Treasuries market at risk of a third straight year of losses. #press https://www.bloomberg.com/news/articles/2023-09-17/bond-market-at-risk-of-third-annual-loss-needs-a-dot-plot-rescue?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Germany's Baerbock on Ukraine War, US Leadership German Foreign Minister Annalena Baerbock discusses ongoing global fallout of the war in Ukraine, as well as US relations with Germany going into the 2024 US Election. Baerbock speaks to Bloomberg's Annmarie Hordern in New York. (Source: Bloomberg) #press https://www.bloomberg.com/news/videos/2023-09-17/germany-s-baerbock-on-ukraine-war-us-leadership-video?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Brazil Energy Chief Piles Pressure on Petrobras to Pay Tax Debts Brazil’s state-controlled oil company Petrobras must settle a dispute involving billions of reais in back taxes with the federal government to show it has a duty to the country and not only to its private investors, according to the nation’s energy minister. #press https://www.bloomberg.com/news/articles/2023-09-17/brazil-energy-chief-piles-pressure-on-petrobras-to-pay-tax-debts?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

The World Is Struggling to Make Enough Diesel The world’s oil refiners are proving powerless to make enough diesel, opening a new inflationary front and depriving economies of a fuel that powers industry and transport alike. #press https://www.bloomberg.com/news/articles/2023-09-17/the-world-is-struggling-to-make-enough-diesel?utm_source=press.coop

Bloomberg Markets :press: 2 years ago

Greece to Boost Climate Disaster Fund With Hospitality Tax Hike Greece plans to double its budget backstop for natural disasters linked to climate change by increasing a levy on accommodations, mostly affecting luxury hotel stays, Prime Minister Kyriakos Mitsotakis said. #press https://www.bloomberg.com/news/articles/2023-09-16/greece-to-boost-climate-disaster-fund-with-hospitality-tax-hike?utm_source=press.coop