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AI bond deluge forces some to seek MBS shelter
Money managers, including Columbia Threadneedle, are looking closely at US mortgage backed securities (MBS) as a place to hide from high valuations in US corporate bonds and a wave of […]
U.S. stocks close higher
NEW YORK, Dec. 2 (Xinhua) — U.S. stocks ended higher on Tuesday. Read full story Date: 3 December, 2025 7:01 am Source: thestar.com.my
Masterpieces from China’s Forbidden City exhibited in Vienna
VIENNA, Dec. 2 (Xinhua) — An exhibition featuring art from China’s Forbidden City opened on Tuesday at Vienna’s Kunsthistorisches Museum, exploring the parallels and contrasts between East and West in […]
South Korea court dismisses request to detain former finance minister in martial law probe, Yonhap says
SEOUL, Dec 3 (Reuters) – A South Korean court rejected a request to detain former deputy prime minister and finance minister Choo Kyung-ho, Yonhap News Agency reported on Wednesday, as […]
Putin and Witkoff discuss peace options for Ukraine past Moscow’s midnight
MOSCOW, Dec 3 (Reuters) – Russian President Vladimir Putin spent around five hours negotiating with Donald Trump’s most trusted envoys until well after midnight in Moscow about the possible outlines […]
Gunvor’s departing founder chooses an all-American successor
Torbjorn Tornqvist spent three decades building Gunvor Group into one of the world’s largest energy traders – from early days exporting fuel from post-Soviet Russia, to today’s sprawling global business […]
US holiday shoppers in online spending spree
US consumers shrugged off worries about the economy after their Thanksgiving dinners and went on a US$23.6bil three-day online shopping frenzy that exceeded analyst expectations, kicking off the holiday season. […]
Kiwi central bank head says low inflation remains the key mandate
New Zealand’s new central bank governor says the bank’s top priority would remain keeping inflation low and stable while supporting economic growth, as she pledges greater transparency around the bank’s […]
Ukraine to replace growth warrants with bonds
Ukraine has started a process to exchange securities linked to economic growth into bonds as it seeks to restructure the terms of US$3.2bil in debt after another round of talks […]
‘Zootopia 2’ gives Disney a box office win
Walt Disney Co’s Zootopia 2, an animated feature about a rabbit cop and her crime-fighting partner, brought in US$156mil at the US and Canadian box office over the Thanksgiving weekend, […]