Pimco Fund Beating 97% of Peers Cuts ‘Mag Seven’ to Bet on Asia

Jeffrey Rosenberg, portfolio manager of the systematic multi-strategy fund at BlackRock, says a 25 basis-point rate hike would not be a big issue for risk assets. He speaks on Bloomberg Surveillance. (Source: Bloomberg)

The West African Development Bank, or BOAD, the African Export–Import Bank, the Africa Finance Corp. and Ecobank Transnational Inc. are the most exposed to corporate credit risk under Senegal’s planned debt treatment,…

Jeffrey Rosenberg, portfolio manager of the systematic multi-strategy fund at BlackRock, says the August US employment report is much more about inflation and Federal Reserve monetary policy. He speaks on Bloomberg…

Stephanie Roth, chief economist at Wolfe Research, says, “the hawkish price action may be taking the print a little too far,” as she examines economic and monetary policy signals from the US August jobs report.…

Italy will extend a tax cut on diesel fuel prices until Sept. 10, as Prime Minister Giorgia Meloni’s government continues to shield consumers ahead of a general election expected next year, according to an Italian…

The price of unleaded hits 163p a litre, according to motoring group the RAC, as oil prices remain elevated.