BLOOMBERG Adani Group bonds rose after a key company started the first debt buyback by Indian billionaire Gautam Adani’s conglomerate since it was targeted by a short seller in January. Adani Ports & Special Economic Zone Ltd plans to buy back as much as $130 million of its July 2024 bonds and similar amounts in each of the next four ...

BLOOMBERG Nippon Life Insurance Co expects the Bank of Japan (BOJ) will adjust its yield-curve control policy in June and will accelerate the purchase of local bond holdings when it does so, according to its annual allocation plan. The central bank will allow benchmark yields trade in a range of 1% around zero, compared to a current cap of 0.5%, ...

BLOOMBERG Chinese President Xi Jinping told Volodymyr Zelenskiy that the only way to achieve peace for Ukraine is through negotiations with Russia. In their first conversation since the Russian invasion last year, Xi also told the Ukrainian leader that China will send an envoy to visit Kyiv. Ukrainian officials said the nearly one-hour conversation was an “important dialogue.” The talks ...