Demand for Taiwanese exchange-traded funds, which was booming just a couple of months ago, is falling fast as their performance lags and regulators tighten up on the asset class. from Bloomberg Markets https://ift.tt/MgW2dBY
Nedbank Group Ltd. has ended a mediation process with South Africa’s port and freight rail operator Transnet SOC Ltd., to resolve a dispute over contested interest-rate swap transactions. from Bloomberg Markets https://ift.tt/w5HtZuN
Emerging-market stocks declined and currencies trimmed gains as hawkish remarks from Federal Reserve officials and stronger-than-expected US consumer confidence hurt risk appetite. from Bloomberg Markets https://ift.tt/5rlhcmg
DigitalBridge Group Inc. managing director Peter Hopper is leaving the firm, according to people with knowledge of the matter. from Bloomberg Markets https://ift.tt/5o2NMUF
Brown Harris Stevens CEO Bess Freedman discusses US home affordability. She speaks with Vonnie Quinn and Paulina Cachero on “Bloomberg Markets.” (Source: Bloomberg) from Bloomberg Markets https://ift.tt/6vZ3XYG
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alix Steel, Carol Massar and Tim Stenovec. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/fz8ATp4
DraftKings Inc. and FanDuel-owner Flutter Entertainment Plc fell on Tuesday after the Illinois Senate passed legislation that would raise taxes on sports betting. from Bloomberg Markets https://ift.tt/NY8fG9E
Sifma CEO Kenneth Bentsen discusses the switch to the system known as T+1, which is intended to reduce risk in the financial system. The amount of time permitted to complete stock trades will halve to just one day under the system, which was abandoned in an earlier era as volumes became unwieldy. He speaks on Bloomberg Television. (Source:…
Sandwich chain Subway is selling $3.35 billion of asset-backed securities to help fund its buyout, marking the largest securitization of its kind on record. from Bloomberg Markets https://ift.tt/N5UPDSu
DC Advisory, the investment bank owned by Daiwa Securities Group Inc., hired Michael Moore and Jono Peters from Union Square Advisors as co-heads of US private-capital markets, according to people with knowledge of the matter. from Bloomberg Markets https://ift.tt/UFVhryd