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Argentina improves debt offer in latest move to reach a deal

Bloomberg Argentina presented an improved debt offer to restructure $65 billion of foreign bonds in an attempt to reach a deal with its creditors after more than two months of stalled talks. The proposal seeks to reduce creditor losses on the bonds’ principal, increase coupons and shorten bond maturities, according to a release. The latest proposal will include minimum participation ...

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China propels global stock rally to one-month high

Bloomberg Global stock markets are starting the week with a bang after China’s influential state media stoked bullish enthusiasm. The dollar fell for a fifth day and Treasuries dipped. Banks, construction and insurance shares pushed the Stoxx Europe 600 Index higher, and UK homebuilders rallied after a report that the government is considering a temporary increase in the threshold at ...

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Hong Kong stocks enter bull market after $1.1tn rebound

Bloomberg Hong Kong stocks joined the rest of the world in the bull market territory on Monday, after a more than $1.1 trillion rebound. The Hang Seng Index jumped 3.8%, extending its rally from March’s low to 21%. Tencent Holdings Ltd. and Hong Kong Exchanges & Clearing Ltd. have contributed 42% of the benchmark’s gains during the period, according to ...

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