Bloomberg

Yes Bank makes bond market comeback after 2020 AT1 debt write-off

The bank plans to sell a benchmark-sized three-year US currency note and is holding calls with fixed-income investors starting Monday

Domestic lenders set record with $8 billion in dollar bond sales

The offerings reached $8 billion Thursday, breaching the previous record of $7.92 billion hit in 2019, according to data

Bitcoin ETFs record largest outflow in six weeks as token stagnates

The 13 US-listed funds saw a net $389.7 million drained in the week of Aug. 10, after pulling in $853.5 million the previous week

Bond yields surge after RBI announces early dollar deposit window closure

The move, announced late Friday, surprised traders after Reserve Bank of India Governor Sanjay Malhotra had ruled out an early closure as recently as the Aug. 5 policy meeting

Jain Global expands staff, office space in Asia ahead of Millennium tie-up

With the agreement pending completion next month, Jain Global is continuing to woo Asia-based portfolio managers with promises of a different structure

Sembcorp plans to file IPO papers for Indian unit to raise $500 million

The Temasek Holdings Pte.-backed renewable energy company plans to submit draft documents as early as this month

India's silver imports pick up as traders navigate new licensing rules

Several traders and banks have recently secured licenses allowing them to bring more silver into the country, though with some unusual import requirements

Alibaba to sell its gaming arm for $1.5 billion in boost to AI pivot

Alibaba is undergoing a broader corporate reorganization, divesting non-core assets while making AI and cloud computing a top strategic priority with the aim of reaching $100 bn in AI revenue in 5 yrs

UK hospitals unprepared for heat as 'horrific' conditions grip wards

The past few months have revealed the extent to which Britain's healthcare system appears unprepared for the profound change in climate already underway

Category 1 hurricane Lala lashes Hawaii's Big Island, but avoids landfall

While the Big Island has gone more than a century without a hurricane strike, Hawaii isn't immune to tropical storms

UK inflation set to rise as AI chip crunch, energy costs add pressure

Data on Wednesday are set to show inflation accelerating for the first time in four months, with the median economist estimate in a Bloomberg survey predicting a 2.9% jump in July

Why landing first job is getting tougher and more expensive in UK

AI is eroding traditional entry-level roles as companies cut graduate hiring, leaving young workers to turn to unpaid work, internships and costly career coaching to gain experience

Bond traders agonise over $70 bn of shadow credit backstops for AI firms

With its latest move, Nvidia is poised to provide potentially tens of billions of dollars of what's called "residual value" support for debt deals tied to the artificial intelligence build out

Iran, Oman edge closer to Hormuz shipping routes deal as war continues

The move follows a series of attacks in Hormuz, through which a fifth of the world's oil and gas transited before the war

Alibaba's Qwen AI models cross 3 billion downloads, overtake Meta, Google

Alibaba says its open-weight Qwen models have topped 3 billion downloads in six months, with more than 460 models and 300,000 derivatives as Chinese AI gains global traction

Trump dismisses concerns over USS Abraham Lincoln crew's long deployment

Families of sailors and Marines aboard the aircraft carrier have raised concerns over food shortages, contaminated water and poor living conditions as its West Asia deployment nears nine months

Amazon's new user agreement seeks to curb class-action suits by shoppers

The e-commerce giant said its updated terms require customers to resolve most disputes through arbitration, while retaining the option to pursue eligible claims in small claims court

Elon Musk's SpaceX completes $60 billion acquisition of AI startup Cursor

The deal became effective on Aug. 14, according to a regulatory filing, two months after SpaceX formally announced it had agreed to acquire the company.

Houthis hit Saudi's Aramco Jazan refinery for second time in a week

The Houthis said two drones hit the Saudi Aramco refinery in Jazan, days after an earlier attack set a crude storage tank ablaze.

India urea offers fall 12% as fertiliser supplies recover from war shock

Offers for India's latest urea tender were 12% below June's purchase price, signalling that the war-driven squeeze on global fertilizer supplies is easing.