World’s Biggest Energy Traders Are Returning to Metals Markets
Some of the world’s biggest energy trading companies are returning to metals, years after getting burnt in the notoriously difficult markets.
Some of the world’s biggest energy trading companies are returning to metals, years after getting burnt in the notoriously difficult markets.
Chinese developer Country Garden Holdings Co., one of the biggest symbols of the nation’s broader property debt crisis, won approval to push back payments on three yuan bonds, people familiar with the matter said, staving off its first local default for now.
KKR & Co. says the consumer sector will continue to provide investment opportunities in India, where the US buyout giant is also building out its private credit portfolio.
A rally that has seen European bank stocks outpace both US peers and the Nasdaq over the last three years faces a key test in coming days when most of the region’s major lenders report results.
China has greenlit a US listing by autonomous driving startup Pony.ai, raising the potential for an increase in Chinese tech initial public offerings in New York after a more than two-year hiatus.
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