World News by Wild Rose

Pernod Ricard is planning the sale of a debut hybrid bond alongside a tender for some of its outstanding senior debt, as the company looks to tackle upcoming maturities with its credit ratings on negative outlook.

Morocco's Treasury raised MAD 6.9 billion (US$704 million) on 13 October after a week with no bids accepted, and long-term yields rose. The post Morocco Bond Yields Rise as Treasury Returns appeared first on The Rio Times.

Netflix Inc. needs to prove that it can produce hit movies and TV series again to stop a slide that has erased more than $135 billion in market value this year.

A measure of French bond risk breached a key level on Tuesday, underscoring the challenges facing the government as it struggles to tame the budget deficit and defuse cost-of-living protests.

Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)

GAP, the Mexican operator of Guadalajara, Tijuana and Los Cabos airports, lifted net income 8.1% to about US$158 million as traffic slipped 1.4%. The post Mexican Airport Group GAP Profit Rises 8% appeared first on The Rio Times.

Chinese power generation firm Huachen Energy Co. told a group of bondholders that it faces difficulties repaying $956 million in bonds due in December, raising the risk of fresh delinquencies on debt it first defaulted on five years ago.

Hong Kong’s leader pledged to showcase the city’s financial strengths to the world as it hosts the two-day Apec Finance Ministers’ Meeting for the first time. Observers said the event, which began on Tuesday and runs until Wednesday, would also help dispel foreign misunderstandings about Hong Kong’s economy and development, while drawing business leaders from around the world. Speaking at a summit on Greater Bay Area development, Chief Executive John Lee Ka-chiu expressed gratitude for the...

While Hong Kong is betting on its established banking network to bring stablecoins into mainstream finance, Singapore is seeking to make regulated digital currencies easier to use. Both approaches reflect different priorities in the race to build global cryptocurrency centres: Hong Kong is linking stablecoins to its existing financial system, while Singapore is looking to strengthen the infrastructure for circulating and settling tokenised assets. Analysts said the ultimate test would be whether...

Tokyo, Oct. 20 (Jiji Press)--Japan's industry ministry plans to invest an additional 400 billion yen in semiconductor maker Rapidus Corp. over the three years through fiscal 2029. The planned investment, disclosed Monday at a subcommittee meeting of the Fiscal System Council, which advises the finance minister, would bring the government's total investment in the Tokyo-based company to 650 b...

Japan’s 20-year government bond auction Tuesday saw the strongest demand on record as elevated yields underpinned buying.

OPEC Fund staff began appraising a €150 million loan (US$168 million) for Uganda's railway on 19 October, targeting board approval by 30 November. The post OPEC Fund Eyes Uganda Railway Loan Approval appeared first on The Rio Times.

Renaissance Capital Africa raised its Dangote refinery valuation to ₦700.41 a share, 33.4% above the IPO price, as the offer closes on 27 October. The post Dangote Refinery Valued 33.4% Over IPO Price appeared first on The Rio Times.

Treasuries are losing their luster as a portfolio hedge as increasing supply, persistent inflation and rising neutral rates weaken their appeal, according to Citigroup Inc.’s top Australia banker.

"Bloomberg ETF IQ" focuses on the opportunities, risks and current trends tied to the trillions of dollars in the global exchange traded funds industry. Today's guests: TD Head of ETF Sales & Strategy Andres Rincon, State Street Head of Research Strategists Matthew Bartolini, T. Rowe Price Head of Digital Assets Strategy Blue Macellari, and TMX VettaFI Head of Research Todd Rosenbluth. (Source: Bloomberg)

Matthew Bartolini, global head of research strategists, at State Street Investment Management, joins Isabelle Lee and Eric Balchunas on "Bloomberg ETF IQ." They discuss the Trump Accounts after Elon Musk announced this morning that he would distribute a share of SpaceX to each child in the US. (Source: Bloomberg)

Todd Rosenbluth, head of research at TMX VettaFi, joins Isabelle Lee and Eric Balchunas on "Bloomberg ETF IQ." (Source: Bloomberg)

Uganda’s finance minister says J.P. Morgan told him in Bangkok it is interested in supporting the energy sector. No project, amount or agreement is named. The post Uganda Minister Says J.P. Morgan Eyes Energy appeared first on The Rio Times.

Bloomberg's Joel Weber puts Isabelle Lee, Eric Balchunas, and Todd Rosenbluth, head of research at TMX VettaFi, to the test on "Bloomberg ETF IQ" in this week's edition of "IQ Test." (Source: Bloomberg)

The US earnings season is off to a poor start, according to Wells Fargo & Co.

Turkey’s market regulator chief, Mahmut Sutcu, stepped down on Monday during the fallout of a fund crisis that’s upended the country’s markets.

HSBC Holdings Plc started its search for a new chief executive officer of its asset management unit to replace Nicolas Moreau, according to people with knowledge of the matter.

The European Union is considering strengthening the rules around a riskier form of insurance provided to the banking sector, as part of an upcoming package to broadly ease access to securitized finance.

We have put together stories from our coverage last weekend to help you stay informed about news across Asia and beyond. If you would like to see more of our reporting, please consider subscribing. 1. China cuts US Treasury holdings to 18-year low in August as debt fears mount 2. China warns EU not to ‘fantasise’ on trade approach after ‘kill switch’ threat 3. Landmark China trial achieves 84% efficacy treating cancer with waste water tech 4. Police urge Apple to fix security after 110...

Adolfo Sachsida is reportedly Jair Bolsonaro's favourite for Brazil's Finance Ministry if Flávio wins the 25 October runoff, and he denies any Petrobras sale. The post Sachsida Tipped for Finance, Runoff 25 Oct appeared first on The Rio Times.

Indonesian markets extended their selloff, with losses in bonds and the rupiah, after MSCI warned of a potential downgrade. Bloomberg's Anthony Stephens talks about the potential buffers against foreign selling. (Source: Bloomberg)

The UK is at the sharp end of transformations in the age of AI because finance, one of the industries most exposed to disruption, is also one of the UK’s biggest employers and most important exports. Bloomberg Opinion columnist Paul J. Davies explains why other nations should watch closely. (Source: Bloomberg)

The accumulated gap cannot be overcome within a reasonable time frame by budgetary resources alone, says T.M. Thomas Isaac, former Finance Minister of Keralam, underscoring the importance of a mechanism like KIIFB for the State

HDFC Bank, ICICI Bank and Axis Bank report a mixed set of numbers.

EQT AB has agreed to buy Australia’s Cleanaway Waste Management Ltd. through a unit, in a deal that values the firm at about A$9.3 billion ($6.5 billion) and makes it the latest local company to enter private hands after a period of share underperformance.