As China’s economy slows, the bond market is another area where dislocation could emerge.
Market turmoil and Beijing’s crackdown on brokers and investors is complicating the plans of foreign funds and investment banks that had bet on bigger business in China.
In the tumultuous days recently, as markets have slid, the job of closing-bell ringer has taken an anxious turn.
Apple’s iPhone 6 and iPhone 6 Plus reignited sales growth for the smartphone. But analysts predict muted growth for its latest models due out next week.
For most countries, the economic slowdown in China and the accompanying slump in commodity prices represent something between nuisance and pothole. For Russia, they are a catastrophe, writes Greg Ip.
The California State Teachers’ Retirement System, the nation’s second-largest pension fund, is considering a significant shift away from some stocks and bonds amid turbulent markets world-wide.
Glencore is under fire because of its high debt levels relative to mining peers. It can free up cash in its trading business, but that raises the risk of denting its earnings power.
China’s slowdown and a host of other downside risks threaten to push the global economy into much deeper trouble without concerted action by the world’s largest economies, the International Monetary Fund warned.
Medtronic’s earnings will provide a checkup on its $50 billion Covidien acquisition.
Although markets are wobbling, U.S. banks have their feet on the ground.