Rupiah Rout Weighs on Borrowers Facing an $8.1 Billion Wall of Bonds Due
The weakening rupiah and a surprise rate hike are weighing on Indonesian companies that are facing a wall of maturing dollar debt.
The weakening rupiah and a surprise rate hike are weighing on Indonesian companies that are facing a wall of maturing dollar debt.
European stocks struggled to make headway on Wednesday, with a rally in technology stocks barely keeping the benchmark afloat amid disappointing earnings in the banking and luxury sectors.
Filtronic Plc soared in London trading after striking a deal with Elon Musk’s Space Exploration Technologies Corp. that gives the UK company’s satellite internet technology a high-profile seal of approval.
(Bloomberg) -- German business sentiment improved to its highest level in a year — reinforcing recent signs that Europe’s largest economy is exiting two years of struggles.
The People’s Bank of China ramped up its verbal pushback against the rally in long-term government bonds, warning of a reversal and hinting that a mismatch between market prices and the economic outlook will be corrected, sending bonds lower.
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