Funding & Business
Junk Bond Investors Pile Into the Riskiest Debt: Credit Weekly
US junk debt investors are piling into the riskiest bonds even as Jamie Dimon and other prominent market watchers are cautioning that valuations on credit are stretched.
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PT Merdeka Gold Resources is planning to raise 4.66 trillion rupiah ($284 million) from what would be Indonesia’s largest initial public offering this year.
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Australia is set to unveil its 2035 climate target, alongside a US$6 billion commitment to adaptation spending. A new report warns heat-related deaths could surge without urgent action. Climate Council CEO Amanda McKenzie joins “Bloomberg: The Asia Trade” to break down why bold action now is critical for protecting Australians in the decades ahead. (Source: Bloomberg)
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The high-stakes showdown between the Trump administration and the US central bank intensified Monday as an appeals court blocked the White House from removing Federal Reserve Governor Lisa Cook from her post for now. (Source: Bloomberg)
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