New Zealand dollar jumps 1% as central bank holds rates, warns of more hikes
The central bank noted that inflation remained too high and said monetary policy will need to remain restrictive in order
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Debt and bond markets
Sunac shares surge 21% as Chinese property developer says it’s met restructuring conditions
Shares of Chinese property developer Sunac surged 21% after it said restructuring conditions had been satisfied and plans to overhaul its
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China’s consumer prices swing to declines in October
China's consumer prices decline in October, as the world's second-largest economy struggles with sluggish post-Covid recovery. Source link
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Singapore’s largest bank DBS beats forecast, quarterly profit jumps 17%
Singapore's largest bank DBS Group reported a 17% jump in third-quarter profit, and declared a dividend. Source link
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Country Garden draws closer to debt deadline, as default risk looms
All of Chinese property giant Country Garden's offshore debt could be in default if it fails to make $15 million
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Why now may be the time to own corporate bonds
"Some of the corporates got higher quality than the U.S. government [bonds] right now," JPMorgan's Bryon Lake told CNBC's "ETF
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Thailand’s new prime minister boosts optimism, but his populist policies pose fiscal risks
Srettha, Pheu Thai's choice for leader, was appointed prime minister on Aug. 22 and is hoped to bring stability to
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The coming commercial real estate crash that may never happen
The banking crisis seems to have been averted, the job market is still solid. Will commercial real estate really be
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A recession could be ‘deeper than expected’ this year, says analyst—here’s what it means for your money
Wall Street is expecting a short and shallow recession, which is why a deeper downturn could throw your portfolio for
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