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Asia’s Rich Brush Aside Risk to Buy Chinese Developer Debt
(Bloomberg) -- When China’s largest residential property developer raised money this month, a third of interest came from banks that service the wealthy, a group keeping faith with the nation’s beleaguered builders even as other investors flee.The affluent in Hong Kong and the mainland have piled in as Chinese developers sold a record $26 billion […]
Vaccine Progress Spurs Optimism in Emerging Markets
(Bloomberg) -- Emerging-market stocks and currencies gained last week amid optimism progress is being made toward developing coronavirus vaccines, and as more nations roll back lockdowns. Sentiment was tempered as the week progressed by signs U.S.-China tensions increasing once again, with the Chinese foreign minister warning some in the U.S. are pushing relations into a […]
Stocks Trade Mixed Amid Mounting China Tensions: Markets Wrap
(Bloomberg) -- Asian stocks began the week in mixed fashion as traders weighed more signs of economies reopening around the world against the rise in U.S.-China tensions.Hong Kong shares extended Friday’s slide, following police clashes with protesters marching against China’s move to crack down on dissent. Stocks climbed in Tokyo, Sydney and Seoul, and fluctuated […]
Oil Anchored Near $33 a Barrel Amid Rising U.S.-China Tensions
(Bloomberg) -- Oil was anchored near $33 a barrel as an escalating war of words between the U.S. and China added to caution over the prospects for a global recovery in demand.China warned on Sunday that some in the U.S. were pushing the countries toward a new Cold War, stoking concerns that deteriorating relations between […]
Some Key Food Crops to Face Strain, Tradeflow CEO Says
May.24 -- Tom James, co-founder and chief executive officer of Tradeflow Capital Management Pte, a commodities trade financing firm, discusses the outlook for agricultural commodities. He speaks with Yvonne Man and Tom Mackenzie on "Bloomberg Markets: Asia."

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