Bloomberg Federal Reserve Chairman Jerome Powell likened the potential fallout surrounding the central bank’s interest-rate forecasts to a nuclear meltdown in what even he admitted was a stretched metaphor back in 2014. “The market doesn’t really understand how the SEP works and how it gets put together,” the then-Fed governor said in March 2014, referring to the central bank’s quarterly ...

Bloomberg South Korea’s biggest arranger of offshore bond sales expects another busy year in 2020 due to a big wall of maturing debt and foreign investor demand at a time of rising uncertainties elsewhere. Korean issuers sold $33.3 billion of notes abroad last year, only slightly below the six-year high marked in 2018, Bloomberg-compiled data show. Issuance in 2020 will ...

Bloomberg India’s Tata Group scored a temporary victory in a corporate feud after the nation’s top court said an ousted chairman can’t return to his old job, a move that promises to reduce the legal distractions threatening to stunt growth at the $111 billion conglomerate. A three-judge Supreme Court bench put on hold a lower court verdict last month that ...