Gold steadied as the market took a break from a record-setting run ahead of US President Donald Trump’s implementation of sweeping “reciprocal” tariffs, which are expected to take effect later Wednesday.
An Asia junk bond investor who beat 98% of his rivals last year said he is “very bullish” on the market — and ready to pick up bargains if other investors panic.
China’s energy giants are increasingly pivoting to natural gas to raise production, as demand for oil slows and global trade tensions heighten the risks of relying too heavily on imports.
Hong Kong is drafting rules for an over-the-counter market for delisted shares to give investors at risk of owning a growing pile of nearly worthless securities a chance of recouping some losses.
Colombia’s state-owned Ecopetrol SA is considering buying Carlyle Group’s oil driller in the nation as it looks to boost reserves and output, its top executives said in an interview.
President Donald Trump’s deliberations over his plans to impose reciprocal tariffs are coming down to the wire, with his team said to be still finalizing the size and scope of the new levies he is slated to unveil on Wednesday afternoon.
Republican Randy Fine won the Florida House seat left open by National Security Adviser Michael Waltz in a largely conservative area that includes Daytona Beach on the state’s northeast coast, according to the Associated Press.
Star Entertainment Group Ltd.’s hopes of survival took a blow with the collapse of a refinancing proposal that could have provided total debt capacity of as much as A$940 million ($591 million).