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Bloomberg

Yen Rises, Treasuries Gain as Fed Easing Nears: Markets Wrap

(Bloomberg) -- The yen strengthened for a fourth day against the dollar, while falling Treasury yields broadened an emerging-market currency rally to Asia after...

World’s Biggest Refined Zinc Producer Jumps by Record After Tender Offer

(Bloomberg) -- MBK Partners and the top shareholder of Korea Zinc Co. jointly launched a tender offer seeking to buy a controlling stake in...

China Bond Yields Sink to Record Low with Intervention in Focus

(Bloomberg) -- China’s government bonds extended an advance, sending benchmark yields to a record low, as traders piled into the securities despite the authorities’...

PDD’s Status as Top China Growth Stock in Doubt After 30% Drop

(Bloomberg) -- PDD Holdings Inc.’s position as China’s top-performing tech stock is in danger, amid a crisis of investor confidence over the e-commerce firm’s...

US Steel Deal ‘Doomed,’ Says Union ‘Steadfast’ in Opposition

(Bloomberg) -- The United Steelworkers union says it will not be bullied into accepting Nippon Steel Corp.’s last-ditch efforts to win over workers for...

Jack Ma-Backed Ant Is Refinancing a Credit Line of $6.5 Billion

(Bloomberg) -- Jack Ma-backed Ant Group Co. is refinancing an offshore credit line that will reach $6.5 billion, as it expands its global operations,...

Two Chinese AI Chipmakers Seek IPOs to Mount Challenge to Nvidia

(Bloomberg) -- Two of China’s most prominent designers of AI chips are targeting initial public offerings in Shanghai as soon as this year, taking...

General Mills in Talks for $2 Billion Sale of North America Yogurt Business

(Bloomberg) -- General Mills Inc. is in advanced talks to sell its North American yogurt business for more than $2 billion, according to people...

Asset Managers Are Investing in Once-Shunned Nuclear Stocks

(Bloomberg) -- Fund managers are betting that nuclear energy, an area traditionally off-bounds for investors with environmental mandates, is set to make a comeback.Most...

Roche Shares Drop on Concern About Obesity Pill Side Effects

(Bloomberg) -- Roche Holding AG’s shares slid the most in more than a month after its closely-watched experimental obesity pill was tied to side...

Oil Steadies as Traders Look to Hurricane Francine, IEA Snapshot

(Bloomberg) -- Oil steadied after the biggest gain in more than two weeks as Hurricane Francine hit crude-producing regions in the Gulf of Mexico,...

China’s Attempt to Boost Demand Is Stifled by Wall of Austerity

(Bloomberg) -- Finance chiefs in Beijing are testing new ways to boost the economy by encouraging demand, breaking with long-established practice as threats to...

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