Funding & Business
Japan to Hold First Sale of New Debt Since Ishiba Announced Exit
Japan’s five-year debt auction on Wednesday will be the first test of the market’s appetite for new government bonds since Prime Minister Shigeru Ishiba said he will step down.
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Technology stocks are rising so far, so fast that some investors are starting to position for the move to lose momentum.
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China Evergrande Group’s liquidators have received non-binding offers for a property management unit they have been seeking to offload, according to people familiar with the matter.
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Toril Bosoni, head of oil markets at the International Energy Agency, discusses the outlook for oil supplies, prices and OPEC+ production. A record oil surplus projected for next year is looking even bigger as OPEC+ continues to revive production and the group’s rivals grow, the IEA said in a report, Thursday. World output will exceed consumption by an average of 3.33 million barrels per day in 2026, about 360,000 a day more than anticipated a month ago, according to the report. (Source: Bloomberg)
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