European Private Lending Giant Hayfin Is Said to Explore Sale Hayfin Capital Management, the private credit specialist that manages €30 billion ($32 billion) of assets, is exploring options including a potential sale, people with knowledge of the matter said. #press

Bloomberg.com

European Private Lending Giant Hayfin Is Said to Explore Sale

Hayfin Capital Management, the private credit specialist that manages €30 billion ($32 billion) of assets, is exploring options including a poten...

Tycoon Elumelu Says New Central Bank Leadership to Boost Naira Nigerian tycoon Tony Elumelu said new leadership at the nation’s central bank will help restore confidence the nation’s currency. #press

Bloomberg.com

Nigerian Tycoon Elumelu Says New Central Bank Leadership to Boost Naira

Nigerian tycoon Tony Elumelu said new leadership at the nation’s central bank will help restore confidence the nation’s currency.

Greek PM Mitsotakis on Economy, Tourism, Renewables Greek Prime Minister Kyriakos Mitsotakis discusses the outlook for the nation’s economy, the impact of climate change on tourism, and transition to renewable energy on “Bloomberg Markets." (Source: Bloomberg) #press

Bloomberg

Watch Greek PM Mitsotakis on Economy, Tourism, Renewables - Bloomberg

Greek Prime Minister Kyriakos Mitsotakis discusses the outlook for the nation’s economy, the impact of climate change on tourism, and transition ...

CMA Sees Ubisoft Independence as Key to Microsoft Approval Microsoft is on the verge of clearing the final regulatory hurdle to its $69 billion acquisition of Activision Blizzard as the UK competition authorities signaled they will accept the latest concessions. Sarah Cardell, CEO of the Competition and Markets Authority tells Bloomberg's Kriti Gupta that... #press

Bloomberg

Watch Microsoft-Activision: CMA Sees Ubisoft Independence as Key to Approval - Bloomberg

Microsoft is on the verge of clearing the final regulatory hurdle to its $69 billion acquisition of Activision Blizzard as the UK competition autho...

European Crypto Asset Manager CoinShares Starts US Hedge Fund Division CoinShares, one of Europe’s largest cryptocurrency asset managers, is starting a hedge fund division as it seeks to make inroads with American investors. #press

Bloomberg.com

European Crypto Asset Manager CoinShares Starts US Hedge Fund Division

CoinShares, one of Europe’s largest cryptocurrency asset managers, is starting a hedge fund division as it seeks to make inroads with American in...

Bloomberg Daybreak: Europe 09/22/2023 Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. Today's guest: Helene Baudchon, BNP Paribas Deputy... #press

Bloomberg

Watch Bloomberg Daybreak: Europe 09/22/2023 - Bloomberg

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with o...

BofA Says Investors Flee From Stocks as Hard Landing Signs Grow Investors are dumping equities at the fastest pace since December as the prospect of higher-for-longer interest rates raises the risk of a recession, Bank of America Corp. strategists say. #press

Bloomberg.com

BofA Says Investors Flee From Stocks as Hard Landing Signs Grow

Investors are dumping equities at the fastest pace since December as the prospect of higher-for-longer interest rates raises the risk of a recessio...

European Stocks Slip as Higher-for-Longer Woes Hit Risk Appetite European stocks fell as risk sentiment took a hit on worries that interest rates will remain high for longer than previously expected. #press

Bloomberg.com

European Stocks Slip as Higher-for-Longer Woes Hit Risk Appetite

European stocks posted their worst weekly performance in a month as risk sentiment took a hit on worries that interest rates will remain high for l...

European Gas Prices Drop as Australia LNG Strikes Called Off European natural gas prices fell as Chevron Corp. and labor unions in Australia agreed to end strikes at major export plants that roiled the market for more than a month. #press

Bloomberg.com

European Gas Prices Drop as Australia LNG Strikes Called Off

European natural gas jumped to the highest level in a month as Moscow’s surprise ban on some fuel exports revived concerns over Russia’s broade...

Thirty Buyers Snapped Up 8,000 South Korea Homes in Five Years Just 30 people bought 8,000 homes in South Korea over the past five and half years, despite the government’s efforts to curb demand for multiple home ownership. #press

Bloomberg.com

Thirty Buyers Snapped Up 8,000 South Korea Homes in Five Years

Just 30 people bought 8,000 homes in South Korea over the past five and half years, despite the government’s efforts to curb demand for multiple ...

China Mulls Easing Foreign Stake Limits to Lure Global Funds China is considering relaxing the rules that cap foreign ownership in domestic publicly traded firms, people familiar with the matter said, as it seeks to lure global funds back to its $9.4 trillion stock market. #press

Bloomberg.com

China Mulls Easing Foreign Stake Limits to Lure Global Funds

China is considering relaxing the rules that cap foreign ownership in domestic publicly traded firms, people familiar with the matter said, as it s...

Asia Stocks to Follow US Slump With Focus on BOJ: Markets Wrap Equity markets in Asia are poised to gap lower after US stocks suffered the biggest drop in six months. #press

Bloomberg.com

Stocks Rise at End of Bruising Week on Wall Street: Markets Wrap

Treasuries rebounded and stocks struggled at the end of a jittery week that saw investors positioning for a higher-for-longer Federal Reserve stance.

Emerging-Market Stocks Set to Erase 2023 Gains  Emerging-market stocks are set to erase their gains for the year as stubborn inflation and bets on a prolonged period of high interest rates undermine growth prospects in the developing world. #press

Bloomberg.com

Emerging-Market Stocks Set to Erase 2023 Gains

Emerging-market stocks gave up their gains for the year as stubborn inflation and bets on a prolonged period of high interest rates undermine growt...

Expect UK Recession Later in 2023: Kochugovindan Abrdn Senior Research Economist Sree Kochugovindan says the UK outlook is quite weak for rest of the year and expects this to continue well into next year. She also sees the BOE split as a sign of concern about weaker growth. She speaks to Bloomberg's Tom Keene, Lisa Abramowicz and Jonathan Ferro on "Bloomberg... #press

Bloomberg

Watch Expect UK Recession Later in 2023: Kochugovindan - Bloomberg

Abrdn Senior Research Economist Sree Kochugovindan says the UK outlook is quite weak for rest of the year and expects this to continue well into ne...

Gores’s Platinum Hires Ontario Teachers’ Sobti as Asia Head US private equity firm Platinum Equity LLC hired Amit Sobti to head its Asia business as it pushes to expand dealmaking in the region. #press

Bloomberg.com

Gores’s Platinum Hires Ontario Teachers’ Sobti as Asia Head

US private equity firm Platinum Equity LLC hired Amit Sobti to head its Asia business as it pushes to expand dealmaking in the region.

Labour May Be Winning Over the City Keir Starmer has been courting the business and finance elite in a campaign similar to that of former UK prime minister Tony Blair.  #press

Bloomberg.com

Labour May Be Winning Over the City

Keir Starmer has been courting the business and finance elite in a campaign similar to that of former UK prime minister Tony Blair.

Australia Considers AT1 Bond Reform to Strengthen Financial Sector Australia’s banking regulator is looking at how to improve Additional Tier 1 bonds, saying this year’s international banking crisis showed they only soak up losses at a “very late stage.” #press

Bloomberg.com

Australia Considers AT1 Bond Reform to Strengthen Financial Sector

Australia’s banking regulator is looking at how to improve Additional Tier 1 bonds, saying this year’s international banking crisis showed they...

Credit Risk Gauge Rises as Market Digests Hawkish Pause A key measure of perceived risk in the US corporate bond market hit daily highs Wednesday after the Federal Open Market Committee announced its plans to hold steady its benchmark interest rate, further pushing its higher-for-longer narrative. #press

Bloomberg.com

Credit Risk Gauge Rises as Market Digests Hawkish Pause

A key measure of perceived risk in the US corporate bond market hit daily highs Wednesday after the Federal Open Market Committee announced its pla...

Taiwan’s Former Top Cop Wants China Talks If Voted President One thing Hou Yu-ih wants Taiwan’s voters to know about him as they prepare to elect a new president is that he used to be a great cop. #press

Bloomberg.com

Taiwan’s Former Top Cop Wants China Talks If Voted President

One thing Hou Yu-ih wants Taiwan’s voters to know about him as they prepare to elect a new president is that he used to be a great cop.

The Solar Industry Is Running Hard Just to Keep Up Call it the Red Queen effect: A vital renewable-energy industry is struggling with the demands of technological change. #press

Bloomberg.com

The Solar Industry Is Running Hard Just to Keep Up

Call it the Red Queen effect: A vital renewable-energy industry is struggling with the demands of technological change.