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Australia Sovereign Wealth Fund Eyes Distressed Debt Investments

(Bloomberg) -- Australia’s sovereign wealth fund has been adding distressed debt investments to its hefty private markets portfolio as it sees more potential deals...

Australia’s Economy Stays Subdued as Consumers Cut Spending

(Bloomberg) -- Australia’s economic weakness persisted in the three months through June as consumers hunkered down in the face of elevated borrowing costs and...

Global Borrowing Blitz Led by Blue Chips Selling $43 Billion

(Bloomberg) -- Companies globally are piling into debt markets to sell bonds and loans while they still can.Most Read from BloombergFord Motor Credit Co.,...

Vaccine Maker Raising $1 Billion Leads Post-Holiday Share Sales

(Bloomberg) -- A clutch of deals including a $1 billion offering of shares and pre-funded warrants kicked off what could be a busy fall...

T. Rowe Manager Who Predicted Yen Shock Sees Another One Coming

(Bloomberg) -- Arif Husain says he was early in sounding the alarm on Japan’s rising interest rates last year, which he described as the...

Japan Leadership Race Field Rises To Four As Hayashi Declares

(Bloomberg) -- Japan’s chief government spokesman said he would pursue “people-friendly politics” if he becomes national leader, increasing the field of candidates for this...

Ueda Reiterates That BOJ Will Lift Rates If Outlook Realized

(Bloomberg) -- Bank of Japan Governor Kazuo Ueda reiterated Tuesday that the central bank will continue to raise interest rates if the economy and...

Swiss Inflation Slows as SNB Prepares September Rate Cut

(Bloomberg) -- Swiss inflation slowed more than expected in August, supporting the case for another interest-rate cut.Most Read from BloombergConsumer prices rose 1.1% from...

Goldman Slashes Copper Forecast on Softening Chinese Demand

(Bloomberg) -- China’s increasingly disappointing economic recovery will delay an expected rally in copper, said Goldman Sachs Group Inc. as it slashed its forecast...

Oil Steady as China Demand Concerns Offset Libyan Disruptions

(Bloomberg) -- Oil was steady as concerns over China’s economic outlook offset supply disruptions in Libya.Most Read from BloombergBrent traded near $77 a barrel...

Japanese Bus Group Sets Up Forex Fund to Survive Population Fall

(Bloomberg) -- A unit of Ryobi Holdings Co., a bus route operator in rural Japan, is setting up an AI-powered hedge fund specializing in...

Coal Generates Less Than Half of Australian Power for First Time

(Bloomberg) -- The high winds that have been lashing southeastern Australia over the past few days have pushed coal-fired power below 50% of the...

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