Business is booming in the European debt capital markets. Investment-grade corporate supply is up over 70 percent so far this year compared with the same period in 2018. But the incentive for investors to keep piling in is starting to wane. Secondary market credit spreads, and the yield premium over existing debt that issuers typically offer on new deals, have ...

Bank Indonesia wants you to know it really, really likes stability. The stoutness, on display when the central bank kept interest rates unchanged, does nothing to address Indonesia’s inflation problem. The problem is that it’s too low. Like a lot of emerging-market central banks, Bank Indonesia has the ability and capacity to cut rates. It made no bones about why ...

This was supposed to be the China-New Zealand Year of Tourism, but the celebration appears to be off. An influential Chinese state-owned newspaper reported that Chinese tourists were having second thoughts about traveling to New Zealand thanks to suggestions that its government might bar Huawei Technologies Co. from the country’s next-generation wireless networks. A senior official at China CYTS Tours ...