Bloomberg European credit markets have just completed a round-trip recovery from peak pandemic fear. Borrowing costs are retreading pre-crisis levels, with confidence in an economic recovery sparking double-digit gains in the riskiest debt. Healthier balance sheets are turning 2021 into the year of the rising star as more companies re-establish investment-grade credentials — the reversal of 2020’s swell of fallen-angel ...

Bloomberg Investors will soon discover if Hong Kong’s Hang Seng Index will undertake one of the biggest overhauls in its 51-year history, a move that would impact tens of billions of dollars in funds tracking the stock benchmark. On Monday, Hang Seng Indexes Co. will offer its conclusion after an industry consultation over proposed measures to the city’s stock benchmark, ...

Bloomberg US regulators are engaging in the stock market’s version of whack-a-mole — racing to suspend shares of companies with dubious prospects that have been hyped to the moon on social media. In a statement, the Securities and Exchange Commission (SEC) said it temporarily halted trading in 15 companies due to concerns that their stock prices were artificially inflated. One ...