China is facing an uphill battle to maintain an orderly depreciation of the yuan as investors pile up bearish bets against the currency outside the mainland.
Read the Full Article: Source – Wall Street Journal
Time For Truth: (Wall Street Journal) – China Struggles to Steady Yuan’s Decline
A wave of selling sweeping across bond markets resumed on Monday as investors continued to digest the impact of a Donald Trump presidency.
US and European bond prices have sunk in expectation that he will enact inflationary policies that speed the pace of interest rate rises.
Read the Full Article: Source – BBC News
Time For Truth: (BBC News) – Bonds sell-off continues as investors bet on rate rise
Asian share markets have surged back after Wednesday’s sharp sell-off in the immediate aftermath of Donald Trump’s US election victory.
Thursday’s rally followed rises in Europe and the US, as the market meltdown many had anticipated failed to materialise.
Read the Full Article: Source – BBC News
Time For Truth: (BBC News) – US Election 2016: Asia markets bounce back after Trump win
After a chaotic drama in which a small Belgian region threatened to sink a giant trade deal seven years in the making, the European Union and Canada will finally sign on the dotted line on Sunday.
Canadian Prime Minister Justin Trudeau agreed at the last minute to fly to Brussels to ink the landmark pact known as CETA at a summit with European Union President Donald Tusk and European Commission head Jean-Claude Juncker.
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If AT&T completes its colossal acquisition of Time Warner, the combined company will in some ways look more like a bank than a media conglomerate.
The balance sheet of the merged company would have so much debt on it — about $175 billion — that it would exacerbate its position as the largest nonbank corporate issuer, and make it bigger than some financial institutions.
Read the Full Article: Source – The New York Times
Time For Truth: (The New York Times) – To Secure a Mega-Merger, AT&T Plans to Shoulder Mega-Debt