A plan by Indonesian builder PT Lippo Karawaci to repurchase its dollar bonds will be in focus on Monday as elevated borrowing costs squeeze the finances of developers in Asia. from Bloomberg Markets https://ift.tt/fBFTr7y
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguay shut down the largest illegal bitcoin mining operation to date, Argentine and Salvadoran officials met to discuss bitcoin issues, and Ocean launched a global hub in El Salvador. Paraguayan Authorities Shut Down…
The Chips Act is supposed to supercharge U.S. chip making, but the program’s early stages have been challenged by rivals overseas as well as the sheer expense of manufacturing chips. https://www.wsj.com/articles/the-u-s-gave-chip-makers-billions-now-comes-the-hard-part-c288bbc1
China has alleged that MI6 turned two staff members of Chinese central state organs into spies for the British government, its State Security Ministry said. https://www.cnbc.com/2024/06/03/china-says-britains-mi6-turned-two-chinese-government-staff-to-spies.html
Oil fell in early morning Asian session, possibly weighed by OPEC+ decision to start to phase out some voluntary reductions after 3Q. https://www.wsj.com/articles/oil-falls-opec-decides-to-phase-out-some-output-cuts-9ae6cc9a
Go ahead, you can open this story. A little screen time before bed might not be so bad after all. https://www.wsj.com/articles/more-amp-raquo-afd6a97e
India’s stock futures jumped after exit polls indicated a resounding victory for Prime Minister Narendra Modi’s ruling party in general elections that concluded Saturday. from Bloomberg Markets https://ift.tt/XtqCvcH
A former Goldman Sachs Group Inc. executive in Japan is joining a private equity firm backed by Alibaba Group Holding Ltd. founder Jack Ma, according to a person familiar with the matter. from Bloomberg Markets https://ift.tt/7HJ86wi
Julian Nagelsmann condemned the poll, which asked if respondents wanted more white players on the German team. https://ift.tt/R3modcQ June 03, 2024 at 04:07AM
KKR & Co. is considering entering the private credit market in Japan to provide an alternative to bank loans. from Bloomberg Markets https://ift.tt/t1NGpMZ