The UK government will struggle to fund spending, helping drive the yield on 30-year gilts to 6% in the coming year, according to David Zahn, head of European fixed income at Franklin Templeton.
India's rupee is undervalued at current levels after sliding to record lows, and this could draw foreign investors back to the nation's equities, according to Elara Capital and Yes Securities Ltd.
SoftBank Group Corp. has agreed to sell a large portion of its stake in InMobi Pte back to the mobile advertising company for about $250 million, unwinding much of an investment that created India's first unicorn in 2011.
Cambricon Technologies Corp. plans to more than triple its production of AI chips in 2026, aiming to wrest market share from Huawei Technologies Co. in China and fill a void left by Nvidia Corp.'s forced exit.
Rio Tinto Group has announced a string of cost cuts and improvements including $650 million of annualized productivity benefits by the end of the first quarter of next year as it streamlines the group, improves efficiency and rethinks non-core ...
Australia's fiscal position has deteriorated in the past year as rising expenses across federal, state and territory governments outstripped stronger-than-expected revenue, according to the Parliamentary Budget Office.
The Reserve Bank of India's last interest rate decision of the year is proving to be one of its trickiest, with policymakers having to weigh up record low inflation against a plunging currency and 8%-plus economic growth.
Mubadala Capital is preparing to raise third-party capital in its home market for the first time, expanding a model it has used abroad since becoming a rare sovereign wealth fund-owned entity to attract external money for alternative investments.