“Do you have Jakarta’s blessing?” That’s the first question Oversea-Chinese Banking Corp. CEO Samuel Tsien will be asked by investors about his plan to buy Indonesia’s PT Bank Permata. OCBC is weighing a bid for Standard Chartered Plc’s Indonesian bank, Bloomberg News has reported, citing people with knowledge of the matter. Deliberations are still at an early stage and may ...

Inverted yield curves are the hot topic of the summer, especially as UK gilts have followed US treasuries by offering more interest on two-year maturities than you’ll get on 10-year notes. When the sovereign bond world is flipped on its head like this it’s often seen as an indicator of looming recession as investors scramble for the relative safety of ...

Former Danish Prime Minister Lars Lokke Rasmussen called US President Donald Trump’s reported idea of buying Greenland, a self-governed Danish territory, an out-of-season April’s Fool joke. Trump’s idea may be outlandish (and impossible) but that doesn’t mean there’s no benefit in thinking about reviving the market in sovereign territories, which once made America great. Besides acquiring Louisiana from France, Florida ...