World News by Wild Rose

India’s ASK Investment Managers Ltd. has hired Akhil Chaturvedi as chief executive officer of its mutual fund operations, according to people familiar with the matter, after the company secured regulatory nod to expand into the business in February.

Hong Kong officials held discussions with finance ministers and representatives from economies such as Brunei during last week’s Apec meeting on reducing reliance on the US dollar and expanding the use of local currencies and the yuan for bilateral trade settlement, the city’s treasury chief has said. Secretary for Financial Services and the Treasury Christopher Hui Ching-yu on Sunday also shared lighthearted but telling anecdotes about the intangible gains made by the city from hosting the...

About 1 million employees in Hong Kong will be allowed to move their entire Mandatory Provident Fund (MPF) balance to a different provider once a year under the “full portability” arrangement, effective from December 21 for the first phase of implementation. The Mandatory Provident Fund Schemes Authority, which manages the city’s mandatory pension plans, said on Sunday that the “full portability” arrangement would be carried out in two phases to ensure a smooth and orderly implementation. In a...

Barry speaks with Robin Wigglesworth, editor of Financial Times' Alphaville blog and author of the new book 'A Fabulous Debt: The Epic Story of How Bonds Built the Modern World'. They discuss the bond market as the engine of the global economy, why the 30-year mortgage is "a miracle of the modern world," and when we should actually start worrying about US debt. (Source: Bloomberg)

A plain guide to the foreign lenders, companies and governments shaping Cameroon in October 2026, and what each one wants from Yaoundé. The post Foreign Powers and Investors in Cameroon 2026 appeared first on The Rio Times.

Netanyahu floats Crypto to bypass sanctions

The verification exercise follows the Andhra Pradesh government’s constitution of a five-member Group of Ministers to review and address issues concerning AgriGold depositors.

Jamaicans abroad sent home US$3.12 billion in the year to March 2026, Minister Alando Terrelonge said in Philadelphia. About 68% came from the United States. The post Jamaica Remittances Reach US$3.1 Billion appeared first on The Rio Times.

Egypt's finance minister says the state paid over US$6.1 billion to foreign partners, the same sum the petroleum ministry says it cleared by June. The post Egypt Says It Paid US$6.1B in Energy Debt appeared first on The Rio Times.

Bloomberg's Scarlet Fu and Tom Keene discuss their must-read book on this week's edition of "Bloomberg Money." They discuss 'Notes on Being a Man' by Scott Galloway and 'The Invisible Hand of Maria Edgeworth: How a Nineteenth-Century Novelist Taught the World Economics' by Jeanna Smialek. (Source: Bloomberg)

The Republic of the Congo listed US$1.55 billion of bonds on Nasdaq Dubai on Monday, 19 October, which the exchange calls an African first. The post Congo Listed US$1.55B Bonds in Dubai appeared first on The Rio Times.

Can someone explain this?

US funding markets risk facing a volatile, last-minute “scramble” to meet a key 2027 deadline for mandatory central clearing of daily transactions, strategists at Canadian Imperial Bank of Commerce warned.

France's cost of living protests come as the country struggles with its increasing public debt. Concerns over these public finances have pushed the nation's 10-year government bond yield above 5% for the first time since 2002—making borrowing costs higher. Oliver Davis, Professor and Head of the French Department at University College Cork, is our guest.

Questions about the integrity of some of Abramovich's professional advisers, were raised earlier this month.

A deepening social and economic crisis has turned France into the most disliked equity market in Europe and a serious bet for a reversal, though not one for the faint-hearted.

The yen extended its rally to the strongest level in more than a month, as a deepening selloff in technology stocks drove investors to traditional haven assets including Japan’s currency, the nation’s government bonds and US Treasuries.

As instituições financeiras terão cinco dias úteis para a informar ao governo as dívidas que pretendem oferecer para renegociação na primeira etapa do Desenrola 3.0. O Diário Oficial da União publicou, em edição extraordinária, a portaria com o edital de chamamento. A terceira versão do Desenrola prevê a compra de dívidas pelo governo. Na quarta-feira (21), o ministro da Fazenda, Dario Durigan, estimou em R$ 90 bilhões o volume de dívidas antigas que podem ser apresentadas nesse edital, que dá início ao processo de habilitação de bancos e fundos interessados em vender carteiras de crédito à União. Notícias relacionadas:Ministro prevê renegociação de R$ 90 bi em 3ª fase do Desenrola.Governo cria 3ª fase do Desenrola com compra de dívidas pela União.Apesar do volume previsto, o custo máximo estimado para a compra de todo esse montante seria de R$ 9 bilhões, considerando o desconto mínimo de 90% exigido pelo programa. As instituições terão cinco dias úteis para informar o volume de débitos que pretendem oferecer. A etapa, no entanto, não é uma convocação para que os consumidores renegociem suas dívidas, mas um procedimento para medir o interesse dos credores e o volume de dívidas por faixas de renda. Como funcionará O chamamento público será destinado a bancos, instituições financeiras e fundos de investimento em direitos creditórios (FIDCs). Para participar da etapa seguinte, os credores deverão apresentar carteiras de dívidas que atendam aos critérios do programa e aceitar as condições mínimas de desconto. O procedimento será dividido em etapas: Chamamento: publicação do edital para manifestação de interesse dos credores; Apresentação das carteiras: prazo de cinco dias úteis para informar os débitos elegíveis; Definição do leilão: análise do volume apresentado, com separação por faixas de renda; Compra das dívidas: realização do leilão, previsto para novembro, com possibilidade de adiamento para o início de dezembro. Segundo o ministro, o governo pretende estruturar a disputa para favorecer devedores de menor renda e microempreendedores individuais (MEIs). No entanto, caso o volume de dívidas de baixa renda seja menor que o previsto, o governo poderá comprar mais dívidas de alta renda. Custos A estimativa inicial é que os credores apresentem até R$ 90 bilhões em dívidas. Como o programa exige deságio mínimo de 90%, a União pagaria, no máximo, 10% do valor nominal das carteiras adquiridas. Na hipótese de compra de todo o montante estimado, o desembolso seria de até R$ 9 bilhões. O governo, porém, não necessariamente comprará todas as carteiras apresentadas. A intenção é estabelecer um orçamento para o leilão e estimular a concorrência entre os credores, o que pode resultar em descontos superiores ao mínimo exigido. A depender do que o governo receber nas carteiras dos bancos e das instituições financeiras, o governo pode pedir desconto de 93% a 95% no leilão. Quais dívidas entram O Desenrola 3.0 foi criado por medida provisória assinada pelo presidente Luiz Inácio Lula da Silva em setembro. O programa prevê a compra, pela União, de carteiras de crédito com dívidas antigas para viabilizar a renegociação dos débitos com os consumidores. Entre as condições previstas estão: Dívidas de até R$ 10 mil, considerando o valor original do débito; Atrasos entre 720 e 1.645 dias, o equivalente a aproximadamente dois anos e quatro anos e meio; Débitos de cartão de crédito, incluindo as modalidades rotativa e parcelada, e de crédito pessoal sem consignação em folha; Possibilidade de inclusão de dívidas elegíveis de pessoas físicas e MEIs, conforme as regras do programa. No lançamento da iniciativa, o governo estimou que o volume total de dívidas elegíveis poderia chegar a R$ 150 bilhões, com desembolso de aproximadamente R$ 15 bilhões. A previsão de R$ 90 bilhões divulgada agora corresponde à expectativa inicial de dívidas que os credores poderão apresentar na primeira chamada. Renegociação Após o leilão, as dívidas adquiridas pelo governo poderão ser renegociadas com os devedores, com repasse dos descontos obtidos na compra das carteiras. O consumidor poderá quitar o débito à vista ou parcelar o pagamento, conforme as condições a serem estabelecidas. No caso do parcelamento, haverá cobrança de juros. Os prazos, as taxas e as demais condições operacionais ainda dependem de definições do Conselho Monetário Nacional (CMN) e da regulamentação aplicável. Neste momento, os consumidores não precisam procurar os bancos para participar da etapa de chamamento. O governo ainda deverá divulgar as regras e os procedimentos para o acesso às renegociações.

Japanese government bond yields fell across the curve on Friday as an AI-driven selloff in equities boosted demand for haven assets, with a rally in US Treasuries spilling over into the Japanese market.

Pooja Kumra, head of Europe and UK rates strategy at TD Bank, joins Scarlet Fu on "Bloomberg Real Yield." French bond stress intensified as a broad flight from risk and the threat of another round of weekend protests reinforced the country’s status as the weak link in global markets. The premium on French 10-year bonds over Germany surged to the highest since late 2011. (Source: Bloomberg)

The Illinois Institute of Technology, a STEM focused university in Chicago, plans to borrow as much as $200 million from its endowment through fiscal 2028 as it struggles with a decline in international students.

"Bloomberg Real Yield" highlights the market-moving news you need to know. Today's guests: Doubleline Capital Deputy Chief Investment Officer Jeff Sherman, TD Bank Head of Europe & UK Rates Strategy Pooja Kumra, and Pimco Multi-Asset Credit Strategist Lotfi Karoui. (Source: Bloomberg)

Guatemala foreign investment hit US$1.03 billion in January to June 2026, up 7%, with the United States first and finance the top sector. The post Guatemala Foreign Investment Up 7%, US Leads appeared first on The Rio Times.

DoubleLine Capital’s Jeff Sherman said he remains bearish on long-term Treasuries, arguing that heavy government borrowing and weakening demand will continue to pressure the market.

V Harish, who ran the hugely popular Instagram account "Finance with Harish", was found dead on Tuesday.

Brazil's central bank is studying income-linked limits on unsecured loans as household debt reaches 49.9% of income, news reports said on 20 October. The post Brazil Weighs Loan Limits as Debt Hits 49.9% appeared first on The Rio Times.

Three funds holding US$272 million of Braskem America Finance's 2041 bonds asked a New York court on 21 October for an involuntary Chapter 11 case. The post Braskem Unit Faces US Chapter 11 Petition appeared first on The Rio Times.

The KCB foreign stake fell to 8.03% in September, KCB's own register shows, as Kenyan institutions and individuals bought 23.6 million shares. The post Kenya’s KCB Foreign Stake Falls to 8.03% appeared first on The Rio Times.