Asian Stocks to Drop as Traders Rethink Rate Cuts: Markets Wrap
European stocks retreated for a second day as dialed-down bets for Federal Reserve policy easing weighed on risk sentiment.
European stocks retreated for a second day as dialed-down bets for Federal Reserve policy easing weighed on risk sentiment.
GSK Plc will sell its remaining stake in Haleon Plc for £1.25 billion ($1.6 billion), completing the drugmaker’s separation from the consumer health company.
India’s biggest ever high-yield rupee corporate bond, held by a number of global private credit funds, is casting a spotlight on pockets of stress within the nation’s credit markets.
China’s economic recovery tilted even further toward manufacturing, leaving it more vulnerable to trade barriers and highlighting the stakes of a new bid to shore up domestic demand.
Land Securities Group Plc marked down the value of its UK real estate portfolio by 6% last year as rising interest rates weighed on commercial property.
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