World News by Wild Rose

Indian stocks jumped on Tuesday after Finance Minister Nirmala Sitharaman said she’s keen to listen to discussions around a transaction tax imposed on trading shares as the country seeks to boost capital inflows.

The deepening selloff in shares linked to artificial intelligence pushed the key emerging-market equity index down for a second day and triggered a decline in currencies of Asia’s technology hubs.

Apple Inc. is rolling out a slew of new products and improved older ones this week, but investors are unsure if it will be enough to boost one of the most expensive stocks in the market that’s largely gone nowhere in months.

BlackRock Inc.’s research unit has turned more bullish US Treasuries, unwinding a “mainstay” underweight stance for most of the past six years, as yields climbed to the highest levels in more than two decades.

South Korea spent much of this year as a poster child of the scorching global AI trade. Now, by almost every measure, the $4.3 trillion stock market is rapidly losing relevance with investors.

Chile's President José Antonio Kast signed a law that cuts the company tax rate to 23% by 2029, a change that matters to US investors in Chilean stocks. The post Chile’s Kast Signs Law Cutting Company Tax to 23% appeared first on The Rio Times.

Wall Street traders betting on a another solid earnings season sent stocks higher, with the market also gaining as oil prices eased. Aoifinn Devitt, Managing Director: Global Wealth at Moneta Group, discusses the markets, global inflation and economic growth in the US and abroad. (Source: Bloomberg)

Nigeria stocks lost about US$1.0 billion in one session on 8 October. Energy shares led the fall, while the naira held steady for dollar investors. The post Nigeria Stocks Shed US$1 Billion as Energy Shares Slide appeared first on The Rio Times.

Overseas investors dumped the most Japanese stocks on record last week while buying up cash equities amid growing uncertainty over whether a rally in shares will continue.

A rally in oil prices rippled through global markets, sending stocks lower and whipsawing bonds on worries that higher energy costs will fuel inflation and force the Federal Reserve to boost rates. Cam Dawson, CIO at NewEdge Wealth, discusses market choppiness. (Source: Bloomberg)

Banks have been Europe’s best-performing stocks for two years, and were on pace for stellar gains again in 2026. The return of French debt worries is threatening to derail the rally.

A record-breaking run in stocks hit a wall as higher oil prices lifted bond yields, stoking concerns that potential inflationary pressures could trigger Federal Reserve rate hikes. Chuck Clough, Chairman at Clough Capital, discusses what he's seeing in current markets and whether we're facing an AI bubble. (Source: Bloomberg)

The 10-year Treasury yield, the most important number in global finance, has broken through to its highest level since 2002. Bond yields are assumed to have an inverse relationship with stocks, so a move of this magnitude should be a problem for equities. But it hasn’t been, and Bloomberg Opinion columnist John Authers explains why. (Source: Bloomberg)

Emerging-market stocks halted their advance and an index gauging the asset class’s currency returns declined as a flare-up in Middle-East tensions boosted the oil price and the dollar.

Dangote Petroleum Refinery & Petrochemicals FZE, which owns Africa’s biggest crude-processing facility in Nigeria, is offering investors based in the continent’s east an almost 20% share its initial public offering that could raise as much as $300.4 million.

Equity markets face a genuine rival in bonds for the first time in decades, according to Savita Subramanian at Bank of America Corp., who also cautioned that elevated investor sentiment leaves stocks more exposed to disappointment than upside.

"Bonds actually look interesting again," says Savita Subramanian, Bank of America’s head of US equity and quantitative strategy, as she weighs the potential returns from bonds and equities over the next decade. "The risk-return for a 10-year Treasury today is about over 5%," Subramanian tells Bloomberg Television. "Whereas when you look at the S&P 500, our valuation framework suggests that returns over the next ten years might not even be at those levels, at that 5% clip." (Source: Bloomberg)

Colombia's peso swung between 3,172 and 3,244 per dollar before Wednesday's inflation data. Stocks had a strong Monday, when the COLCAP rose 2.69%. The post Peso Ends at 3,216 as Producer Prices Rise | Colombia Market Report, Oct 6 appeared first on The Rio Times.

The newly combined company is called Skydance and began trading on Wall Street on Tuesday.

Shanti Kelemen, co-chief investment officer at 7IM, discusses the outlook for European stocks, stating that strong corporate earnings remain the market's main support. "I think the levels right now are probably close to as good as it gets. But the thing is that even though there are some sectors that are extremely high, there's other sectors that are lower and probably can pick up," Kelemen says on Bloomberg Television. (Source: Bloomberg)

Oil slid on Monday after the G7 said it would release strategic stocks, while Petrobras’s New York shares jumped 11.50% on Brazil’s election. The post Oil Fund Falls 2.3% on G7 Release as Petrobras Jumps | Oil, Oct 5 appeared first on The Rio Times.

A rally in giant technology companies drove stocks higher in the Monday session, overshadowing concerns about still-elevated oil prices and bond yields. The S&P 500 rose to a striking distance of a record while the Nasdaq 100 reached a fresh peak. Political upheaval in Europe and fiscal worries drove the euro to its weakest since May 2025, while longer-dated Treasury yields hit multi-decade highs. Markets have absorbed rising rates, high energy costs and renewed inflation concerns, with stocks continuing to advance. For a look at the broader market backdrop, we hear from Carol Schleif, Chief Market Strategist at BMO Wealth Management. She speaks with Bloomberg Businessweek Daily hosts Carol Massar and Norah Mulinda. (Source: Bloomberg)

Brazil stocks closed at a record 206,912 points on 5 October, up 7.7%, as the real gained 4% after Flávio Bolsonaro led the first round. The post Brazil Stocks Jump 7.7% to Record 206,912 After Vote appeared first on The Rio Times.

A drop in oil prices brought some relief to Wall Street, tempering concerns over Europe’s public finances that sent the euro to its weakest level since May 2025. Jack Manley, Global Market Strategist at JPMorgan Asset Management, discusses Euro contagion risk, the Fed, and outlook for US equities and bonds. (Source: Bloomberg)

A combination of elevated oil prices and surging bond yields has derailed a broadening in the rally that was supposed to propel stocks to new records.

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Chris Phelan CEA Chairman, Robert Reich, Former US Labor Secretary, Alex Straton, Morgan Stanley Equity Research Managing Director, Gary Marcus, Robust AI Inc. CEO&Founder, Veronica Willis is an Investment Strategy Analyst, Dr Cecilia Elena Rouse, The President of Brookings Institution, Atsi Sheth, Moody’s Chief Credit Officer, Brendan McKenna, Societe Generale Emerging Markets Strategist (Source: Bloomberg)

US equity futures rise after a week of sharp swings in yields, with the US payrolls report still to come. Anthropic is seeking to go public as soon as mid-November, with formal marketing for its IPO potentially starting the week of November 9. Veronica Clark of Citi joins "Bloomberg Brief" to look ahead to the US jobs report. (Source: Bloomberg)

Smaller stocks, banks and utilities have been pummeled.

A tentative recovery in UK stocks has hit a major roadblock as the country’s bonds take some of the harshest punishment from the global selloff in sovereign debt.