Bloomberg Markets
Indian financial institutions have sold a record amount of dollar bonds so far this year, as lenders rush to capitalize on a central bank facility that lowers hedging costs on overseas borrowings.
Some Asian refiners are pushing back against Saudi Aramco’s request that they pick up their oil at Yanbu on the Red Sea, due to the difficulty of finding ships willing to sail through the dangerous waterway.
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Specialists are racing to salvage a sinking shadow-fleet tanker off Oman that has caused a massive oil slick. Personnel have already boarded the Caroline Bezengi, a Suezmax that has grounded off Oman’s southern coast. Dimitris Maniatis, CEO of maritime risk management firm Marisks spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East & Africa on the short & long-term consequences of such a…
Emerging-market currencies rose to a record high as bets on a Federal Reserve interest rate hike cooled, spurring demand for risk assets.
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Sydney with Haidi Stroud-Watts and Paul Allen, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
Jesse Liu, CFO at Chinese robotics firm LimX Dynamics, says China' robotics industry is working toward bridging itself with frontier findings in academia. But he tells "Bloomberg: The China Show" that LimX has demonstrated "exponential potential" for scaling up. (Source: Bloomberg)
South Africa’s financial regulators plan to finalize new rules requiring over-the-counter derivatives to be centrally cleared in the next two years to improve transparency and reduce risk.
Shorter-tenor India bond yields surged after the central bank said it will close a special dollar deposit window for overseas residents a month earlier than scheduled.
Abu Dhabi wealth fund L’imad Holding is offering to buy out minority shareholders in the city’s port operator valuing the firm at 31.8 billion dirhams ($8.66 billion), potentially bolstering the emirate’s efforts to build out infrastructure that could help it bypass the Strait of Hormuz.
Sri Lankan inflation will likely slow back toward the central bank’s target over the second half of this year and into next year, central bank Governor Nandalal Weerasinghe tells Bloomberg Television in Sydney. He adds that changes to oil prices remain a risk factor in projections. (Source: Bloomberg)
Singapore-based Sembcorp Industries Ltd. is preparing to file for an initial public offering of its Indian unit, Sembcorp Green Infra Ltd., that could raise as much as $500 million, according to people familiar with the matter.
Japan’s bonds fell on fiscal concerns and growing speculation that the Bank of Japan may raise interest rates in the coming months, pushing the 10-year yield to the highest since 1996.
Copper rose toward a record, with a key spread in London widening to extreme levels in a sign of intense competition for prompt supply.
Gold extended a two-week advance as weaker US retail sales data weighed on the US dollar, making bullion cheaper for most buyers.
New Zealand infant formula supplier a2 Milk will take 12 months to fully recover from supply chain disruptions that impacted its China sales earlier this year, Chief Executive Officer David Bortolussi said.
The dollar fell against most of its major peers after weak US economic data reduced bets on a Federal Reserve interest-rate hike next month.
Oil fluctuated as fresh fighting in Lebanon and attacks on vessels in the Strait of Hormuz muddied the outlook for a deal to end the US-Iran war.
Malaysia’s Prime Minister Anwar Ibrahim won a rare political reprieve over the weekend, after a string of electoral setbacks and turmoil within his own party, as the biggest component of his ruling coalition voted to stay in cabinet.
