Corporate-Bond Investors Party as Hangover Looms: Credit Weekly
Fear is drifting out of the corporate-bond market again, even if the risks aren’t.
Fear is drifting out of the corporate-bond market again, even if the risks aren’t.
The military-led governments of Mali, Burkina Faso and Niger have launched a regional investment bank with an initial capital of 500 billion CFA francs ($895 million) to fund infrastructure, energy and agricultural projects.
Coca-Cola Co. is holding last-ditch talks with TDR Capital this weekend as its proposed sale of Costa Coffee faces the risk of collapse, the Financial Times reported, citing people with knowledge of the matter.
China Vanke Co. failed to obtain sufficient bondholder support for its proposed extension on a local bond due Dec. 15, heightening default risk for what was once the nation’s largest homebuilder by sales.
Cofco International Ltd. is loading the first bulk commercial shipment of Argentine wheat to China, kicking off a new trade flow between the two countries, the Chinese state-owned agricultural giant’s trading unit said in a statement on Saturday.
One theme is becoming prevalent as the new year approaches: The technology giants that have been shouldering this bull market will no longer be running the show.
David Westin examines why open-open source code and nuclear energy are so important for AI.
Malaysia said it will get 12 artworks including those by Pablo Picasso, Joan Miro and Henri Matisse after discussions with US officials to repatriate assets tied to the global corruption scandal at 1MDB.
Thailand said it will continue military action against Cambodia to eliminate “harm and threats,” stepping up rhetoric even after US President Donald Trump claimed to have brokered a new ceasefire.
It was supposed to be a glum year for green stocks as President Donald Trump pushed his Big Oil agenda. Instead, the sector is booming as artificial intelligence powers massive demand for all kinds of energy.