UK Five-Year Bond Sale Receives Record Demand at Auction
A UK government bond auction was oversubscribed by a record amount, with higher yields attracting buyers amid glut of issuance this year.
A UK government bond auction was oversubscribed by a record amount, with higher yields attracting buyers amid glut of issuance this year.
Several of Glencore Plc’s largest shareholders believe that the company should retain its coal assets, according to people familiar with the matter, throwing a proposed spinoff into doubt.
Japan likely conducted its first currency intervention since 2022 to prop up the yen Monday, according to an analysis of central bank accounts.
Cocoa is plunging by the most ever — slumping as much as 27% in just two days — with price swings becoming more extreme as fewer investors and companies can afford to maintain trading positions.
China’s ruling Communist Party vowed to explore new measures to tackle a protracted housing crisis, which remains the biggest drag on the nation’s economy, and hinted at possible rate cuts ahead.
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