Stocks

Bloomberg Stocks in Europe struggled for traction as weak economic data from China fueled concerns about a slower global recovery from the pandemic. Travel and retail stocks led declines in the Stoxx Europe 600 Index, with H&M falling the most since July after missing sales estimates, while energy shares gained as oil extended an advance. Contracts on the S&P 500 …

Bloomberg The nonstop surge in global demand for electronics products combined with the recent flood of foreign funds into Japanese stocks has driven a record win streak in one of the world’s largest suppliers of chipmaking equipment. Shares of Tokyo Electron Ltd gained 1.6% to a fresh all-time high on Wednesday, notching a 15th straight daily advance, its longest-ever win …

Bloomberg The Philippines raised $866 million from its debut sale of dollar bonds targeted at individuals as it seeks to expand funding from that lucrative investor pool. In a two-part offering, 10-year retail notes were priced at 2.25% and five-year bonds at 1.375%, according to the Bureau of the Treasury. While the debt sale is small compared with the $3 …

Bloomberg Stocks and US futures fluctuated ahead of inflation data that could influence expectations about the Federal Reserve’s likely timing for paring stimulus. Treasury yields and the dollar were steady. Basic-resources shares declined in Europe as iron ore dropped for a fifth day, with production curbs in China weighing on demand and investors awaiting industrial and economic data due this …

Bloomberg Evergrande New Energy Vehicle Group Ltd shares plunged anew on Tuesday, extending a decline that has wiped out more than $80 billion in market value from the would-be electric-car maker this year. The Hong Kong-listed company — which at its peak in April was worth more than Ford Motor Co despite not yet having a car on the market …

Bloomberg Singapore is planning new measures to boost its domestic stock market, according to people with knowledge of matter. State investment giant Temasek Holdings Pte.’s 65 Equity Partners Holdings Pte, with a fund size of at least $745 million, will invest in Singapore and regional mid-cap firms, including initial public offerings, the people said. Temasek and sovereign wealth fund GIC …

Bloomberg Chinese technology shares fall once again on Monday on the latest moves from Beijing to reshape online businesses. Traders mulled a report that the government intends to break up Ant Group Co’s Alipay business, a statement calling for better protection of gig economy workers’ rights and latest warning against blocking links to rival services. The Hang Seng Tech Index …

Bloomberg European shares and US futures climbed ahead of critical US inflation data this week that traders will use to assess expectations about the timing of stimulus withdrawal and interest-rate hikes. The dollar edged higher and Treasury yields were little changed. Contracts on the S&P 500 and Nasdaq 100 advanced after indexes ended last week in red. Energy companies led …

Bloomberg Investments in Japanese real estate investment trusts are now more attractive than traditional financial assets such as domestic stocks and bonds thanks to the Bank of Japan’s unprecedented monetary easing, according to a report by staff of the world’s largest pension fund. Japan’s Government Pension Investment Fund employees concluded in the report released Sept. 10 that portfolio performance could …

Bloomberg Foreign investors are set to buy the most Japanese stocks since the heyday of Abenomics after Prime Minister Yoshihide Suga’s shock resignation put Japan back in the headlines. Fund managers and strategists from JPMorgan Securities Japan Co, Baillie Gifford & Co and BNP Paribas Asset Management are among a string of investors who say they’re becoming more positive on …