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Guotai, Haitong Securities Shares Soar as Trading Resumes

(Bloomberg) -- Shares of Guotai Junan Securities Co. and Haitong Securities Co. surged when they resumed trading after unveiling the terms of their proposed...

South Korea’s Index Inclusion Gives Bond Market a Lift

(Bloomberg) -- South Korean bonds got a boost thanks to the country’s surprise inclusion in a global index and growing bets that the central...

Powell’s Half-Point Cut Is Hard to Repeat With FOMC in No Hurry

(Bloomberg) -- Federal Reserve Chair Jerome Powell is unlikely to win another big interest-rate cut from his policy committee so long as the labor...

S&P 500 Is on Track for All-Time High Before CPI: Markets Wrap

(Bloomberg) -- Wall Street traders gearing up for key inflation data sent stocks toward fresh all-time highs. Treasuries retreated while the dollar headed toward...

Hurricane Milton Bears Down on Florida’s Tampa Area With House-Toppling Winds

(Bloomberg) -- Hurricane Milton churned toward Florida’s west coast with winds powerful enough to demolish houses, threatening to unleash once-in-a-century flooding across some of...

Netanyahu and Biden to Speak as Israel’s Iran Response Nears

(Bloomberg) -- US President Joe Biden and Israeli Prime Minister Benjamin Netanyahu are set to speak on Wednesday amid frantic efforts by Washington to...

Public Bank Is Said to Consider Buying Late Founder’s Family Stake in LPI

(Bloomberg) -- Public Bank Bhd. is considering buying its late founder Teh Hong Piow’s family stake in the owner of Lonpac Insurance Bhd., people...

China Finance Minister Plans Briefing as Investors Seek Stimulus

(Bloomberg) -- China announced it would hold a briefing on fiscal policy on Saturday as investors look for additional measures to stimulate the world’s...

Chinese Stocks Tumble as Stimulus Skepticism Keeps Bulls at Bay

(Bloomberg) -- Chinese stocks listed onshore headed for their first decline in 11 days as traders grew impatient with the pace of Beijing’s stimulus...

Hurricane Milton Tracks Toward Florida as Category 5 Storm

(Bloomberg) -- Hurricane Milton churned toward Florida’s west coast as a dangerous Category 5 storm, with flooding and high winds expected to inflict widespread...

China’s Zijin Buys Ghana Gold Mine From Newmont for $1 Billion

(Bloomberg) -- Zijin Mining Group Co. has bought the Akyem gold project in Ghana for as much as $1 billion in cash as the...

Oil Holds China-Induced Slump as Traders Watch Middle East

(Bloomberg) -- Oil steadied after tumbling the most in more than a year in the previous session on concerns around China’s economic outlook, with...

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