Hong Kong Stocks Are on Their Longest Winning Streak Since 2018
Hong Kong stocks are on their longest-winning streak since 2018, adding to signs that a recovery in one of the worst-performing markets last year is well underway.
Hong Kong stocks are on their longest-winning streak since 2018, adding to signs that a recovery in one of the worst-performing markets last year is well underway.
Bank of Korea Governor Rhee Chang-yong said the central bank will reconsider the timing of interest-rate cuts, amid expectations that any easing is likely to get delayed by a weak currency and a strong economy.
Louis Dreyfus Co. won’t support Olam Agri Holding Ltd.’s offer for Namoi Cotton Ltd., as the bidding war between the two major agricultural commodities traders for the Australian producer heats up.
By one measure, according to Point72’s Sophia Drossos, Japan’s intervention to prop up the yen has achieved a key objective: Preventing the market from piling into lopsided bets against the currency.
Greg Ward, the Macquarie Group Ltd. banker in charge of the firm’s drive to grab a bigger slice of Australia’s mortgage market, will earn more than the boss of the country’s biggest bank for home loans, as the far smaller rival chips away in the ultra-competitive industry.
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