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Donald Trump’s Sleepy, Sleazy Criminal Trial
The most striking aspect of the former President’s hush-money trial so far has been that, for the first time in a decade, Trump is struggling to command attention.
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Yuan Devaluation Debate Surfaces as Traders Weigh Next FX Shock
There is modest yet mounting speculation in financial markets that China will need to take an extreme and highly controversial measure to support its moribund economy — devalue the yuan in a big-bang move.
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Fidelity Sees Rupee as Top Carry Trade Pick on RBI’s Tight Grip
The Indian central bank’s tight grip on the rupee is boosting the allure of the currency for carry trades, according to Fidelity International.
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Hajj Pilgrims Get Health Boost in Bill Gates-Supported Disease Control Effort in Saudi Arabia
Hajj pilgrims heading to Saudi Arabia in June will get a health boost under a Bill & Melinda Gates Foundation-supported disease control drive that’s part of a broader effort to eradicate polio.
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Chinese Bonds Dodge Global Debt Selloff as Yield Gap Widens
China’s sovereign bonds have once again dodged a rout in the global debt market, showcasing one of their frequently cited attractions for investors — a low correlation with their worldwide peers.
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Gold Steadies as Brisk US Inflation Quells Rate-Cut Expectations
Gold steadied after a weekly drop as traders looked ahead to a US Federal Reserve meeting midweek at which policymakers are expected to reaffirm their stance for higher-for-longer interest rates.
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BYD Shares Face Earnings Test as China’s EV Price War Heats Up
After getting a jump on competitors in the latest round of China’s electric-vehicle price war, BYD Co. now faces a key test of proving that it can withstand the impact on profits.
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RBNZ Says Insurance May Become Unaffordable for High-Risk Homes
New Zealanders who own properties in areas prone to flooding or earthquakes may find they can’t afford insurance or may not be offered cover for specific risks, according to the Reserve Bank.
