Page 98 - Bon News Today

(Bloomberg) -- The carry trade is roaring back in Latin America, home to some of the world’s most aggressive inflation-fighting central banks.  The steep jump in interest rates across the region -- from Chile to Brazil to Mexico -- has stood in stark contrast to the U.S.

(Bloomberg) -- A Russian telecommunications company will be the first to answer a pressing question from global investors: will Russian companies continue servicing their foreign-currency bonds. Search engine Yandex NV, the group’s entity based in The Netherlands, is due to pay a $4.

(Bloomberg) -- A judge in Tennessee found Endo International Plc liable in an opioid-marketing case by default and is stripping the company of its legal defenses in an upcoming trial.

(Bloomberg) -- GLP Pte has filed confidentially for a U.S. initial public offering of its investment business that’s seeking to raise about $2 billion, according to people with knowledge of the matter.

(Bloomberg) -- Russia’s central bank and sovereign wealth fund probably own a combined $140 billion worth of Chinese bonds, assets that they may seek to access given global sanctions, according to estimates by Australia & New Zealand Banking Group.

(Bloomberg) -- The Hungarian central bank is coming under pressure to ditch previous monetary-policy guidance and hike the key interest rate to shore up one of the world’s most badly hit currencies in the wake of Russia’s invasion of Ukraine.

(Bloomberg) -- Mexican President Andres Manuel Lopez Obrador’s approval rating has dropped to the lowest score of his term after a scandal involving his eldest son, according to a poll by newspaper El Financiero.

Federal Reserve Chair Jerome Powell said the central bank expects to raise interest rates later this month to tackle hot inflation amid a tight labor market while Russia’s invasion of Ukraine has added uncertainty to the U.S. outlook.

(Bloomberg) -- Hedge funds may have helped fuel the biggest gain in Japanese bond futures in a year after money markets trimmed bets on the pace of U.S. interest-rate hikes. Ten-year futures jumped as much as 58 ticks to 151.17 on Wednesday, the largest one-day increase since March 2021.

(Bloomberg) -- Malaysia is expected to maintain its benchmark interest rate at a historic low Thursday, as it awaits signs of a more sustained economic recovery amid heightened global tensions. Bank Negara Malaysia will keep the overnight policy rate at 1.