Philippine central bank Governor Eli Remolona pushed back against the rate cut outlook given by the country’s finance chief, describing it as “too aggressive.” from Bloomberg Markets https://ift.tt/x6MOoia
When Russian President Vladimir Putin takes the stage at his annual forum in St. Petersburg this week, his country’s business ties with a lower-key Gulf state will be on full display. from Bloomberg Markets https://ift.tt/rfUg6Y7
Global bonds rallied Tuesday, echoing overnight gains in US Treasuries, as bets for an early Federal Reserve interest-rate cut bolstered the appeal of sovereign debt. from Bloomberg Markets https://ift.tt/vLbSr1Y
Head of UAE Business and Strategy at Anand Rathi Shares and Stock Brokers, Tanvi Kanchan joined Daybreak Europe to discuss India’s election and what it means for markets, after exit polls signaled an emphatic victory for Prime Minister Narendra Modi’s ruling party. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/4gIAWbT
Hong Kong’s leader stressed a need to safeguard national security on the 35th anniversary of the Tiananmen Square crackdown in Beijing, signaling the government’s intent to continue a clampdown on dissent even in the absence of open protests. from Bloomberg Markets https://ift.tt/eapgzWq
Saudi Arabia has long churned out fortunes built on oil and the business surrounding it. That’s changing dramatically as new business empires boom. from Bloomberg Markets https://ift.tt/wF6DgGK
Chinese carmaker Great Wall Motor Co Ltd. plans to shutter its European headquarters in Munich in August and lay off about 100 workers. from Bloomberg Markets https://ift.tt/PLx6tVR
Chinese companies are rushing to take advantage of a recent equities rebound to raise funds, using what may be a narrow window before the market falters again. from Bloomberg Markets https://ift.tt/h2RyB8l
BlackRock Inc. has named Yik Ley Chan to lead the firm’s private credit efforts in Southeast Asia, the latest high-level personnel move in the opaque and rapidly growing debt market. from Bloomberg Markets https://ift.tt/Wp4R7Ii
Fiona Boal, Global Head of Equities at S&P Dow Jones Indices, discusses her outlook for global markets and investor appetite in Japan. She speaks with Shery Ahn and Haidi Stroud-Watts from the sidelines of the “S&P Dow Jones Indices Japan ETF Conference” on “Bloomberg: The Asia Trade”. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/NyIF3Rh