Hong Kong’s retail investors are ramping up leveraged wagers that a surge in local equities may soon unravel. from Bloomberg Markets https://ift.tt/dgLDvTn
Reserve Bank of New Zealand Governor Adrian Orr discusses monetary policy and the state of the economy. The central bank on Wednesday kept interest rates unchanged for a seventh straight meeting and signaled policy will need to stay tight for longer to stamp out stubborn inflation. Orr speaks on “Bloomberg: Daybreak Australia.” from Bloomberg Markets…
South Korea has no plan to lift the short-selling ban until a system is developed to detect illegal trading activities, according to a senior official at the presidential office. from Bloomberg Markets https://ift.tt/qvTgALH
Canada Pension Plan Investment Board’s exposure to investments in yuan has fallen by half in just two years, as the money manager pulls back in the world’s second-largest economy because of higher risks. from Bloomberg Markets https://ift.tt/hfFDIvY
A string of defaults by Chinese property developers has highlighted the limits of a state-backed credit-support program that was meant to boost confidence in the country’s battered property sector. from Bloomberg Markets https://ift.tt/PW6s5U0
Nvidia Corp.’s fiscal first quarter results and bullish outlook beat Wall Street expectations and signal spending on AI computing remains strong. Bloomberg Technology’s Ed Ludlow reports from San Francisco. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/kV47Af6
Chinese stocks traded on the mainland are lagging their Hong Kong peers by the most since 2011, an underperformance that’s likely to endure as a weak yuan saps the former’s outlook. from Bloomberg Markets https://ift.tt/IgnPsMA
BHP Group just won an extra week to convince Anglo American Plc on its $49 billion takeover plan. But the world’s biggest miner still must resolve the deal’s most intractable obstacle: What to do about South Africa? from Bloomberg Markets https://ift.tt/1za5flr
Good morning, it’s Georgie here in Sydney. Here’s what we’re looking at today…Today’s must-reads:• BHP has a week to convince Anglo• Aware Super to boost London office• RBNZ signals tighter for longer from Bloomberg Markets https://ift.tt/HehQqyk
Asian equities were set for a mixed open Thursday as results for Nvidia Corp. supported tech stocks in late trading. An index of dollar strength touched a one-week high as US yields rose. from Bloomberg Markets https://ift.tt/4Y6WU0K