Investors are eyeing high-yield foreign currency bonds from Nigeria, Gabon, and Kenya ahead of an anticipated US Federal Reserve rate cut in September, seeing some of these debt securities as being mispriced and having scope to rally further.
Indian Prime Minister Narendra Modi, who is scheduled to visit Ukraine on Friday, said he supports peace in the region and reiterated a call for diplomacy to end conflict.
Elon Musk’s X attracted investment from a plethora of big names from Silicon Valley to global finance including Sean “Diddy” Combs and billionaire Larry Ellison, according to a court document unsealed Wednesday.
Canada’s two biggest railways, accounting for almost 80% of the national network, shut down early Thursday after talks with a union failed, immediately blocking arteries of North American supply chains that carry about C$1 billion ($740 million) per day in trade.
The National Transportation Safety Board has opened an investigation into the recent crash and fire of a Tesla Inc. Semi truck, believed to be the first probe involving the company’s electric big rig.
Xiaomi Corp. is willing to grow its nascent electric vehicle arm at the expense of profits for now, as it angles to join Tesla Inc. and BYD Co. among the world’s biggest automakers over the next decade or two.
Hong Kong’s push for a digital-asset hub faces growing pains amid uncertainty over whether 11 crypto exchanges will all achieve full licenses after earlier receiving initial approvals.
Norway’s vast natural gas industry is about to embark on its annual heavy maintenance spree at a crucial time for the wider continent.
JD.com Inc. shares are poised to rebound following Walmart Inc.’s decision to sell a stake in the company, as the move doesn’t affect the e-commerce firm’s positive fundamentals, according to JPMorgan Chase & Co.
Walmart Inc. is flying so high on the strength of its Chinese operations that it’s exited a long-time local partnership, an outlier in a consumer landscape that’s increasingly hostile to foreign brands.
Taiwan will spend a record amount on defense next year, boosting its expenditure for eight straight years as it looks to deter an increasingly assertive China.
Thousands of police have been deployed near Indonesia’s parliament, amid growing anger over plans for electoral changes that would effectively favor the alliance of President Joko Widodo and his incoming successor, Prabowo Subianto.
Importers and exporters are left with few options as a looming rail strike in Canada risks delaying ocean shipments, spiking freight costs and straining the busiest US ports, which are already handling a cargo surge.
Neuralink Corp., Elon Musk’s brain-computer company, said surgery for its second implant in a human “went well” and the patient is now able to design 3D objects and play video games like Counter-Strike 2.
A third liquefied natural gas tanker appears to be heading to the Arctic LNG 2 export plant in northern Russia that’s subject to US sanctions, with Moscow ramping up efforts to circumvent Western restrictions.
Brazil will start restricting the entry of citizens from countries including China and India in a bid to crack down on people arriving in the South American nation and then trying to illegally migrate to the US and Canada.
