Argentina Plans International Bond Sales by January 2026, Says Caputo
Argentina’s Economy Minister Luis Caputo announced to investors at JPMorgan Chase in New York that the government plans to resume selling bonds internationally by January 2026.
Articles for category: Business
Roblox Shares Drop as Hindenburg Research Bets Against Gaming Platform
Roblox Corp. shares dropped on Tuesday after short seller Hindenburg Research announced it’s betting against the gaming platform. Investors reacted negatively to the news, leading to a decline in the stock price.
Azul Airlines Soars 16% After Debt Relief Agreement in Brazil
Azul's shares surged 16% in Sao Paulo after the airline secured a deal with its lessors and parts suppliers, significantly reducing its debt.
US Government Debt Rout Continues Amid Anticipated Fed Rate Cuts
US government debt saw a slight decline on Tuesday, as longer-dated yields reached their highest point since late July. Analysts are anticipating inflation data later this week, which could pave the way for interest rate cuts by the Federal Reserve.
ECB’s October Rate Cut Not Guaranteed for Final Meeting, Says Vasle
The European Central Bank may not lower interest rates again at its final meeting this year, even if it does so in October. This insight comes from Governing Council member Bostjan Vasle.
UK Eases Market Access for Specialist Trading Houses, FCA Head States
The UK's Financial Conduct Authority is considering allowing easier market access for specialist trading houses that do not hold retail deposits. This could open new opportunities for these firms, according to the FCA's chief, who spoke on Tuesday.
China Considers Tariffs on European Vehicles Amid Trade Dispute Escalation
China is considering raising tariffs on large-engine vehicles from Europe and will begin imposing levies on brandy. This move comes as a response to the European Union's recent decision to impose tariffs on Chinese electric vehicles, escalating tensions in the ongoing trade dispute between the two regions.
China Optimistic on Economic Goals, But Limits Major Stimulus Measures
China has expressed confidence in achieving its economic targets for the year, reiterating its commitment to support growth. However, the government has opted against introducing significant stimulus measures, disappointing investors who were hoping for more resources to boost the current thriving stock market.
WuXi AppTec Shares Plummet After $500 Million Bond Sale
WuXi AppTec Co. faced its worst day in seven months as shares dropped sharply. This downturn followed the company's announcement of a $500 million convertible bond offering, coinciding with a notable shift in risk appetite for Chinese stocks. Investors reacted negatively, reflecting growing concerns in the market.
Chinese Stocks Surge Then Decline Amid Policy Meeting Disappointment
Chinese stocks started strong on Tuesday, with an onshore benchmark jumping 11% right after trading resumed following a weeklong break. However, as the day went on, enthusiasm waned due to disappointment over the lack of significant stimulus from a key policy meeting.
