Carry Trade Exodus Fuels Yen Surge Ahead of BOJ Rate Decision

Air Baltic Corp has asked bondholders to vote next week on proposed stopgap financing backed by Polus Capital Management and Klirmark Capital.

Steadily climbing Treasury yields and a potential Federal Reserve rate hike are threatening to produce more rockiness for utilities, a group that traditionally was one of the stock market’s safest sectors before the AI…

Cocoa futures rose in New York and London, trimming a weekly decline, as the market grapples with the prospect of sufficient short-term supplies being followed by a deficit in the season ahead.

Investors may have to accept more volatility in the sector as policy reforms are shelved.

US Vice President JD Vance said on Thursday the Trump administration believes “that the Fed should be lowering interest rates, to help make home ownership more affordable. Michael McKee reports on Bloomberg Television.…

The National Stock Exchange of India Ltd. has received regulatory approval for what could be the country’s biggest-ever initial public offering, clearing a key hurdle in the world’s largest derivatives exchange’s…