• Sep 09, 2024

Volatility Fears Spur $28 Billion Emerging-Market Debt Spree

(Bloomberg) -- Borrowers in the developing world are shoring up their defenses against volatility that could shake their biggest markets in the US and derail refinancing plans.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May Start Charging Entry to the Trevi FountainIn just the

  • Sep 09, 2024

Morgan Stanley cuts oil forecast again as concerns deepen

(Bloomberg) -- Morgan Stanley reduced its Brent crude price forecasts for the second time in a matter of weeks, as demand challenges mount while supplies remain plentiful.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May Start Charging Entry to the Trevi FountainThe global bench

  • Sep 09, 2024

Chinese stocks on verge of five-year low as recovery hopes fade

(Bloomberg) -- Chinese stocks are on the brink of falling to a five-year low seen in February as bearish sentiment grips the market amid a lack of earnings and economic recovery. Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May Start Charging Entry to the Trevi FountainThe CSI

  • Sep 09, 2024

The Bond Market Rally Rides on How Fast the Fed Cuts Rates

(Bloomberg) -- Bond traders who struggled to predict how high the Federal Reserve would raise interest rates are finding the way down just as vexing.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May Start Charging Entry to the Trevi FountainAt TCW Group Inc., Jamie Patton, the c

  • Sep 09, 2024

Asia shares slip, but US and EU futures find a bid

SYDNEY (Reuters) -Asian share markets slipped on Monday as worries about U.S. and Chinese growth weighed on sentiment, though U.S. and European stock futures did manage a bounce while bond yields came off their lows. Data on consumer prices (CPI) from China showed the Asian giant remained a driver of global disinflation, with producer prices falling an annual 1.8% in August when analysts had looked for a drop of 1.4%. Chinese blue chips dropped 1.0% to seven-month lows, having already shed 2.7% last week.