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Worries about deficit spending after election bog down U.S. government debt
With about two weeks left before the Nov. 5 election, Treasury yields were extending a climb from September’s lows on Monday — spurred in part by growing concern about the path of the U.S. deficit
Stock market today: Asian shares fall after Wall Street pulls back from its records
Asian shares outside of China declined in cautious trading Tuesday ahead of earnings reports both in the region and overseas, after Wall Street’s long, record-breaking rally ran out of steam. Japan's
SAP Cloud Revenue Up 25% in Quarter as German Economy Stalls
SAP SE’s cloud revenue grew by 25% in the third quarter, as Europe’s biggest software company bucked economic headwinds in its home country and pushed customers to transition away from locally
Saab Expects Sales to Hit Upper End of Guidance as Defense Spending Surges
The Swedish defense company said order bookings in the third quarter rose 41%, beating forecasts, and continued to see increasing demand as global defense spending continued to surge.
Meloni Approves New Law to Rescue Flagship Albania Migrant Plan
Italian Premier Giorgia Meloni’s government is pushing through new legislation in a bid to salvage her controversial plan on illegal migration, after a court in Rome blocked her long-delayed program
HSBC names Pam Kaur as first female CFO amid major restructuring
HSBC on Tuesday named veteran insider Pam Kaur as its first female finance chief and announced a consolidation of the bank into four business units.
Private Credit Manager Monroe Sells Majority Stake to Wendel
Wendel has agreed to acquire a majority stake in private lender Monroe Capital, which manages almost $20 billion, according to a person familiar with the matter.
Economists see UK cutting interest rates more substantially as inflation pressures ease
Economists at Goldman Sachs forecast the Bank of England's key rate falling to 2.75% by November, well below market pricing.
Bonds Are Selling Off Everywhere as Traders Trim Rate-Cut Bets
Bonds from Australia to Japan are falling as investors mull prospects of slower US interest-rate cuts, a trend that risks upending debt positions everywhere.
Simple Economic Explanations Keep Breaking Down. Here’s Why.
These narratives can be useful when examining how markets behave, but don’t expect them to explain the economy.
Tokyo Metro’s Solid Demand Boosts Bull Case for Japan Stocks
The trading debut of Tokyo Metro Co., which runs one of the world’s largest subway systems, is set to support the bull case for the Japanese stock market after an oversubscribed public offering.
Samsung, Apple, Tesla favorite stocks for senior officials, lawmakers
Samsung Electronics is the top pick on the list of domestic and overseas stocks owned by high-ranking officials and lawmakers, according to data released Tuesday.
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