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Sri Lanka Leftist Wins Election After Vowing to Rejig IMF Deal

(Bloomberg) -- Sri Lanka’s leftist candidate won a tightly contested presidential election, with voters sweeping out the incumbent for the economic pain they’ve endured...

Traders Need a New Stock Market Playbook for These Rate Cuts

(Bloomberg) -- Wall Street traders have a unique challenge in placing bets on the stock market now that the Federal Reserve has started cutting...

Morgan Stanley’s Hynix Sell Order Faces FSS Review, Yonhap Says

(Bloomberg) -- Morgan Stanley is facing a regulatory review over a sell order of SK Hynix Inc. shares placed before it published a downgrade...

German Chancellor Scholz Exposed in Regional Vote: What to Watch

(Bloomberg) -- Chancellor Olaf Scholz’s Social Democrats have ruled the eastern German region of Brandenburg since reunification in 1990, but their grip on power...

Facebook Cofounder Saverin Gives $15 Million to Singapore School

(Bloomberg) -- The family of billionaire Eduardo Saverin, who co-founded Facebook with Mark Zuckerberg, made a S$20 million ($15.5 million) donation to the Singapore...

Sri Lanka Leftist Candidate Takes Early Lead in Election Count

(Bloomberg) -- A Sri Lankan leftist politician who’s pledged to fight corruption in the crisis-hit economy took a convincing early lead as votes were...

Australian Treasurer Expects to See Progress in Inflation Fight

(Bloomberg) -- Australian Treasurer Jim Chalmers said he expects upcoming data to show encouraging progress in combating inflation but acknowledged the central bank may...

Fed Is About to Get Validation for Its Jumbo Rate Cut

(Bloomberg) -- The Federal Reserve’s preferred price metric and a snapshot of consumer demand are seen corroborating both the central bank’s aggressive interest-rate cut...

Rachel Reeves Has Six Weeks to Lift UK Mood With New Economic Plan

(Bloomberg) -- Rachel Reeves has six weeks to come up with a plan to fix the UK’s ailing public services, deliver an economic boost...

Valuation Angst Is Being Stoked by Fed’s Big Cut: Credit Weekly

(Bloomberg) -- Investors are pouring money into corporate bonds, risk premiums are grinding tighter, and the Federal Reserve’s interest rate cut is reigniting hopes...

Macron Appoints Armand as France’s New Finance Minister

(Bloomberg) -- French President Emmanuel Macron appointed Antoine Armand as finance minister, thrusting a 33-year-old with limited political experience into an urgent budget battle...

Elon Musk capitulates, complies with legal orders in Brazil

(Bloomberg) — Elon Musk backed down and decided to comply with court orders in Brazil, an attempt to end a monthslong clash that culminated...

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