Schroders Sees Selective Bond Value but Warns Credit Offers Little Cushion
Schroders favours selective intermediate-duration bond exposure while warning that higher all-in yields do not necessarily provide greater compensation for credit risk.
Global Financial Market
Latest Posts
Anthropic Revenue Surges to US$16.8 Billion Ahead of Expected IPO
Anthropic told prospective investors that third-quarter revenue rose 45% to US$16.8 billion and that the company was profitable on an adjusted basis.
Nasdaq Slides as Hot US Inflation Revives Rate-Hike Risk
The Nasdaq Composite fell 1.88% after hotter US inflation lifted Treasury yields and renewed concern that further interest-rate increases may be needed.
Wall Street Banks Face Two-Sided Risk as AI Spending Accelerates
Wall Street banks are funding the AI infrastructure boom while using the technology internally, creating connected credit, operating and cybersecurity risks.
Fed’s Daly Says More Rate Hikes May Be Needed, but Sees No Urgency to Act
San Francisco Fed President Mary Daly says further interest-rate increases may still be needed to contain inflation, but policymakers have time to assess the economy before acting.
AEM and CSE Global Slide as AI Spending Doubts Hit Singapore Tech
AEM and CSE Global led losses among Singapore technology shares as global investors demanded clearer returns from heavy AI infrastructure spending.
Nanyang Biologics Tests US$1.5 Billion Valuation in Nasdaq Deal
Nanyang Biologics is pursuing a Nasdaq listing through a SPAC merger, placing a US$1.5 billion transaction value on its AI drug-discovery platform.
BOCHK’s Onshore Funding Access Deepens Hong Kong’s Yuan Role
BOCHK’s planned mainland certificates of deposit give Hong Kong’s yuan clearing bank a new funding route and deepen links between onshore and offshore markets.
IMF Urges Earlier Fiscal Repair as Debt and Bond Yields Rise
The IMF warns that rising debt-service costs and persistent spending pressure require earlier, better-designed fiscal repair before market confidence weakens.
Microsoft Reclaims Record High as AI Rally Adds US$1.4 Trillion
Microsoft has reached a record high after a four-month rebound added about US$1.4 trillion in market value, renewing focus on Azure growth and AI spending returns.