Brazil held its benchmark interest rate at a record low as policy makers await the advance of a crucial pension overhaul proposal in Congress amid a feeble economy and tame inflation.
Indonesia is on track to join the Philippines in a new monetary-easing cycle as a darkening global outlook forces Asia’s most aggressive interest-rate hikers of recent times to reverse course.
As 2019’s bumper crop of initial public offerings either languishes or wildly exceeds expectations, Slack Technologies Inc. is taking a route to the trading floor that it hopes will yield a much more boring outcome.
Brazil’s equity benchmark Ibovespa index closed above the 100,000 mark for the first time on record as dovish signals from the Federal Reserve added support to global asset prices, and potentially signaling increased odds for rate cuts in Brazil.
South Korea has become the world’s biggest source of so-called sustainability bonds this year as borrowers rush to sell notes that can fund projects to help the middle class and smaller firms in a sluggish economy.
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