Jane Street Group LLC is set to sell $4.35 billion in debt this Thursday. The firm is repricing an existing loan and introducing a junk bond to secure more capital for trading. This move marks Jane Street's continued expansion into the fixed-income market.
An Alabama man has been charged in connection with a January hack of the US Securities and Exchange Commission’s X account. This breach occurred just before the SEC's expected decision on approving spot-Bitcoin exchange-traded funds.
BNP Paribas has laid off at least six members of its emerging-markets credit team. This comes just two years after the bank boosted its operations in this area, according to sources familiar with the situation.
US government bonds fell sharply following strong retail sales figures for September. This unexpected rise in consumer spending has raised concerns about the pace at which the Federal Reserve might lower interest rates. Investors are now questioning whether the central bank will continue its easing measures as quickly as previously anticipated.
The UK has announced that three government bodies are collaborating to challenge Russian oil tankers, specifically targeting those with questionable insurance coverage. This move aims to ensure compliance with international regulations and curb practices perceived as illicit.
Otsuka Holdings Co. is exploring options for its stake in MicroPort Scientific Corp., which is listed in Hong Kong. This includes the possibility of selling its investment in the medical device company, according to sources close to the matter.
European stocks rose further today following the European Central Bank's expected second consecutive rate cut. The technology sector also stabilized after experiencing two days of losses.
Oman's state energy company has successfully raised $2 billion through the initial public offering of its exploration and production business. This marks the largest listing in the country's history.
Shares in Zabka Group SA initially surged but quickly lost steam, indicating a tepid debut in Warsaw. This marks Europe’s fourth-largest IPO of the year.
Hyundai Motor India Ltd. saw its record initial public offering oversubscribed more than two times on Thursday. This surge was fueled by robust demand from institutional investors, although interest from smaller investors remained lukewarm.
