Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
NZ shares edge higher as producer prices show lingering inflation
New Zealand's benchmark index gained 0.46% to 13,929.67, bucking a weaker session on Wall Street. New data showed producer prices rose 4.1%
China tech stocks slide as Unitree's 500% IPO debut masks broader selloff
China's blue-chip index dropped 2.4% while humanoid robot maker Unitree soared nearly 500% on its first day. Semiconductor and robotics shar
Yen carry trade wobbles could push investors toward Swiss franc
Currency traders are rethinking yen-funded carry trades after rare US-Japan intervention to support the yen. Some may switch to the Swiss fr
Italy's markets await key data on foreign bond holdings
Italy's central bank publishes June balance of payments and foreign holdings of Italian bonds on Tuesday. The data will show whether global
PAG targets $4-5 billion Asia buyout fund as it shifts from China
PAG is raising a new $4-5 billion Asia buyout fund, aiming for a similar size to its 2024 fund. The firm is shifting from a China-heavy stra
Yuan firms as PBOC sets strongest midpoint in months, dollar slips
The yuan firmed as US Treasury yields pressured the dollar, and the PBOC set its strongest daily midpoint since February. Investors now watc
Nikkei slides 3% as US tech sell-off and rising yields hit growth stocks
Japan's Nikkei 225 tumbled 2.97% as a US tech sell-off, including a 5% drop in the Philadelphia Semiconductor Index, spilled into Asia. Risi
Toronto stocks slide 0.8% as metals slump, loonie weakens
Toronto stocks fell 0.8% as base metals dropped 2.3% and the Canadian dollar weakened to 1.3900 per US dollar. Energy shares rose on higher
KKR and Goldman Deals Mark Busy Day as Housing Data Sends Mixed Signals
Wall Street's deal machine revved up with KKR and Goldman Sachs making headlines, but July housing data painted a two-speed picture. Starts
KKR's $9B UGI Bid and Google's Spirit Data Deal Show M&A's Two Faces
From KKR's reported $9 billion bid for natural gas distributor UGI to Google's $10 million purchase of Spirit Airlines' data for AI training
Global bond yields hit decade highs as deficits and oil fuel debt worries
Bond yields in the US, Japan, and Europe hit decade-plus highs as investors demanded more compensation to lend to governments. Big deficits,
Tech stocks slide as long-term Treasury yields stay near 2007 highs
Tech stocks fell as long-term Treasury yields stayed near multi-year highs, with chipmakers leading the drop. Oil climbed on US-Iran tension