Bloomberg The days of quantitative easing in the euro area are long gone, according to signals from the region’s $3 trillion corporate bond market. Investors are demanding ever-higher premiums for companies lower down the ratings spectrum over high-quality peers — a turning point for a market long distorted by the European Central Bank juggernaut. The gap between triple B and ...

Bloomberg Indonesia’s central bank left its benchmark interest rate unchanged on Tuesday, opting to save some of its policy ammunition for possible further market volatility triggered by higher US rates. The seven-day reverse repurchase rate was held at 5.75 percent, in line with the forecasts of 21 of the 30 economists surveyed by Bloomberg. Senior Deputy Governor Mirza Adityaswara, who ...

Bloomberg The humdrum business of helping companies pay suppliers and collect funds from customers has turned into a battleground between banks and technology upstarts, with $250 billion of revenue at stake, according to Oliver Wyman. Fintech firms such as TransferWise Ltd. and Revolut Ltd. are capturing market share from the banks that once had a stranglehold over the wholesale payments ...