Bloomberg Former president Donald Trump sued to block the release of documents to the U.S. House select committee investigating the Jan. 6 attack on the US Capitol, arguing that lawmakers have made an over-broad request for presidential records. In the complaint filed in federal court in Washington, Trump asked a judge to stop the national archivist from releasing the records ...

Bloomberg China’s reported launch of a hypersonic missile into orbit has raised concerns that US rivals are quickly neutralizing the Pentagon’s missile defenses even as it invests tens of billions of dollars in upgrades. In a test two months ago, the Chinese military sent a nuclear-capable missile into low-orbit space and around the globe before cruising down to its target, ...

Bloomberg Russian President Vladimir Putin will participate in next week’s Group of 20 summit in Rome via videolink, the Kremlin said. Putin told Italian Prime Minister Mario Draghi of his plans in a phone call Tuesday, according to an emailed statement. Chinese President Xi Jinping has indicated he may also take part in the October 30-31 Rome G-20 summit remotely. ...

Bloomberg Indonesia’s central bank left its benchmark interest rate unchanged and extended policies to boost domestic demand, saying it likely won’t tinker with rates for another year. Bank Indonesia kept the seven-day reverse repurchase rate at a record-low 3.5% on Tuesday, as predicted by all 30 analysts in a Bloomberg survey. It was the bank’s eighth straight hold decision. “This ...

Bloomberg Goldman Sachs Group Inc tapped the US investment-grade bond market with a $9 billion sale, joining peers Bank of America Corp and Morgan Stanley in selling new debt after reporting strong third-quarter results. The bank sold bonds in five parts, according to a person familiar with the matter. The longest portion of the offering, a fixed-to-floating-rate security due in ...

Bloomberg Traders are pricing in more aggressive interest rate increases by the Reserve Bank of Australia (RBA) and are challenging its three-year yield target amid jitters over global inflation. Markets are now implying the RBA will begin hiking in mid-2022, even after the central bank reiterated that conditions for a rate rise “will not be met before 2024.” At the ...

Bloomberg UniCredit SpA Chief Executive Officer Andrea Orcel intends to hire as many as 50 investment bankers to capture more business from medium-sized corporate clients, pushing the lender further into a hotly-contested market. The bank is seeking staff to strengthen advisory services and boost its offering of investment banking products to companies across its European network, people with knowledge of ...

Bloomberg The head of Bank of Montreal’s (BMO) investment-banking and markets business said capital markets are at the “end of the robust phase” that powered them through the pandemic and are shifting towards a more uncertain future. Capital markets have been in a boom period marked by heightened merger activity, strong equity markets, low interest rates and subdued fears among ...

Bloomberg HSBC Holdings Plc, Citigroup Inc and other lenders are moving rapidly to tap a new program that will allow investments between Hong Kong and mega-cities in southern China. HSBC has put up 60 centres in the Chinese mainland and Hong Kong after the long-awaited program, called Wealth Management Connect, was given the green-light last month as banks received final ...

Bloomberg US futures rose with European stocks Tuesday as the prospect of solid corporate earnings helped counter concerns stemming from elevated inflation. Treasuries were steady and the dollar declined. Travelers Cos. rose in pre-market trading, while Johnson & Johnson fluctuated after reporting. Technology shares rallied and crypto stocks were in the spotlight as Bitcoin continued its climb toward all-time highs ...