PBOC Moves to Slow Yuan Gains With Weaker-Than-Expected Fixing
China’s central bank used the daily reference rate to signal a desire for slower currency gains, after the…
JPMorgan Team Sees Credibility Risk in Treasury’s Bond Buybacks
JPMorgan Chase & Co. strategists warned that markets may view the US Treasury’s surprise effort to curb long-term…
US-Canada Trade Draft Piles Pressure on Mexico to Match Terms
Canada’s preliminary trade deal with the US caught Mexican officials and business leaders off guard. Now, Mexico wants…
Investors See 10-Year Treasury Yields at 5% Hurting EM Asia Debt
Global funds see any rise in Treasury 10-year yields toward 5% spurring outflows from emerging Asian bonds, as…
CK Hutchison Seeks $1.5 Billion for Loss of Panama Assets
CK Hutchison Holdings Ltd. commenced international arbitration proceedings against Panama, seeking more than $1.5 billion in damages over…
Australia ‘Outraged’ at Israel Ending Probe of Aid Worker Death
Australia’s government said it is “outraged” that Israel failed to charge any of the soldiers responsible for the…
Gold Holds Near $4,500 as US Treasury Buyback Sends Yields Lower
Gold held the biggest gain in six months after the Treasury Department made a surprise move to rein…
Miner Fortescue’s Profit Falls as China Challenges Persist
Fortescue Ltd.’s full-year profit fell despite buoyant iron ore prices as China’s property slowdown and negotiations with the…
Japan’s 20-Year Bond Auction Faces Test as Global Yields Surge
Japan’s sale of 20-year government bonds on Thursday will test whether elevated yields are enough to lure buyers…
BlackRock, Oaktree Seize Movie Servicer With $900 Million Debt
BlackRock Inc.’s HPS and Brookfield Corp.’s Oaktree Capital Management took over a firm that provides lighting, rigging and…