Qinghai Provincial Investment Group Co. has again missed a coupon payment on a dollar bond, a sign that a local government-led debt restructuring has yet to ease finances at the Chinese state-backed aluminum producer.
The new tariffs that President Donald Trump has threatened on $300 billion of Chinese goods would drag China’s annual economic growth below 6%, according to a Bloomberg survey, which would be the slowest expansion since 1990.
Japan’s sovereign debt market is in danger of joining Germany with negative bond yields across all maturities.
Two of the world’s most powerful central bankers facing deep policy challenges won’t be attending the Federal Reserve’s annual conference in Jackson Hole this week.
Japan’s key inflation gauge remained unchanged in July amid increasing speculation that the Bank of Japan may ramp up its stimulus as early as next month.
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