AI Bias Analysis
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Global borrowers are flocking to issue bonds in Hong Kong dollars as the currency’s status as a haven from the conflict in Iran bolsters demand for the securities.
Source
Bloomberg Markets
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South Korea’s National Pension Service, one of the world’s largest pension funds, is revising its rules to permit greater foreign‑exchange hedging as it seeks to ease pressure on the won.
Bloomberg's Charlie Wells looks ahead to today's reports from JPMorgan Chase & Co. and Citigroup Inc. after Goldman Sachs Group Inc. reported a surprise drop in bond-trading revenue on Monday. (Source: Bloomberg)
Top Arab Gulf oil producers can return half of shut fields to prewar levels of production within two weeks once transits through the Strait of Hormuz resumes, the International Energy Agency said.
A published report says that United Airlines has pitched senior government officials on whether it could get permission to merge with American Airlines, a transaction that if completed would lead to carrier controlling a third of the market.
