Bloomberg US stocks gained while the dollar strengthened and Treasury yields nudged higher as President Donald Trump called on North Korea to “make a deal” on its missile and nuclear programme. European stocks fluctuated near a two-year peak and Asian markets hit records. The S&P 500 Index opened higher along with the Dow Jones Industrial Average and Nasdaq 100 Stock ...

Bloomberg It’s one step forward, two steps back for bond volatility. Bank of America Merrill Lynch’s MOVE Index, a gauge of price swings in the US Treasury market, fell to a record low, bucking last month’s uptrend. Renewed expectations that the Federal Reserve will stay the course on monetary policy in the midst of a leadership transition and the unveiling ...

ABU DHABI / Reuters JPMorgan is in early talks with Saudi Arabian companies about overseas listings, its investment bank chief said, raising the possibility that more firms could join oil giant Saudi Aramco in seeking an international flotation. JPMorgan is among the banks advising Aramco on an international public offering (IPO), sources have told Reuters. Aramco’s listing is part of ...

Bloomberg As John Cryan mulls steps to restore growth at Deutsche Bank AG, he’s counting on US companies’ appetite for ever more debt to help lead the charge. The Frankfurt-based lender added 24 managing directors and directors at its US corporate finance business this year, a record hiring pace, according to Mark Fedorcik, co-head of Deutsche Bank’s global capital markets ...

Bloomberg Australia’s major banks will sell fewer local currency bonds next year as property lending cools in one of the world’s most heated real estate markets. That’s the view of BlackRock Inc.’s head of fixed income in Australia Craig Vardy. The forecast concerning the lenders — some of the biggest corporate note issuers Down Under — comes as restrictions take ...

Bloomberg Nykredit Realkredit A/S is abandoning plans for an initial public offering, pulling what could have been the biggest listing of a Nordic bank in more than two decades. Denmark’s largest mortgage lender, which dominates the country’s $480 billion covered-bond market and provides home loans to about 40 percent of households, said an offer from a group of private Danish ...

Bloomberg Credit Suisse Group AG Chief Executive Officer Tidjane Thiam said last week that bitcoin speculation is the “very definition of a bubble.” Even so, he can’t avoid it or the technology behind it. A Credit Suisse conference on digital money and blockchain last month in New York was “epic,” said Lou Kerner, a former equity analyst at Goldman Sachs ...

Bloomberg Delta Air Lines Inc. is nearing an order for about 100 single-aisle planes, people familiar with the matter said, in a much-anticipated deal valued at as much as $12.7 billion. The No 2 US carrier is also seeking options to buy as many as 100 more planes as it chooses between Airbus SE’s A320 family of aircraft and Boeing ...

Bloomberg South African Airways (SAA) will revive a plan to seek an equity partner that’s able to provide cash and operational savings to help turn around the state airline, according to its new chief executive officer. A strategic investor would ideally come from within the aviation industry, CEO Vuyani Jarana, 47, said in an interview. That will enable unprofitable SAA ...

Bloomberg Tiffany & Co. is hoping its customers will pay $1,000 for a tin can. Well, it’s not a real tin can—it just looks like one. The container is actually made of sterling silver and vermeil, with a touch of Tiffany’s signature robin’s-egg blue in an enamel accent. This is Tiffany, after all. The can is one item in a ...