U.S. stocks rose sharply Friday after the April employment report showed an economy continuing to grow but at a pace that may keep the Fed at bay.
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U.K. markets welcomed Prime Minister David Cameron’s clear election victory after concerns that a potentially lengthy coalition-building process might lead to market volatility.
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Shanghai shares finished higher for the day, but a bruising three-day selloff still left them with their biggest weekly loss since May 2010.
European markets were upbeat Friday after yesterday’s roller coaster session, as London’s FTSE 100 surged on the results of the U.K. election and calm returned to bond markets.
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Shares of Bojangles’ Inc. soared as much as 47% in their market debut Friday as investors piled into the North Carolina-based chicken chain.
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Fitbit, a pioneer in wearable fitness tracking, on Thursday filed for an initial public offering, on the same day that Bojangles priced its IPO at the high end of expectations.
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As investors have piled into China, sending stocks soaring, markets nearby in Southeast Asia are languishing as some of the world’s worst performers this year.
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Debt at India’s big infrastructure companies is complicating plans to boost the economy.
European stocks and bonds fell sharply Tuesday amid continuing uncertainty over Greece’s future, as last week’s abrupt shakeout in markets showed no sign of slowing.
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Shanghai shares suffered their second largest daily fall this year, putting a halt to the market’s 39% year-to-date rally.
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Australia’s central bank cut interest rates for the second time this year, moving to shore up growth in the face falling commodity prices and a China slowdown.
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Brazilian cement and concrete producer Vortorantim Cimentos SA is likely to become the first Brazilian player to tap the international debt market this year.
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Junk bonds in Indonesia are Asia’s top performer this year, a sign of how investors are venturing into riskier markets.
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A legal battle between foreign investors and Indian tax authorities over a new tax moved forward as an Indian court admitted a petition by a fund of U.K. money-manager Aberdeen Asset Management that has challenged the tax claim.
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As debt has grown across Asia, an increasing portion of the lending has come from nonbank lenders—raising regulators’ concerns.
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China shares rebounded from early losses as data suggested Beijing may need to further bolster the economy, while Indonesia and the Philippines both bounced back from losses last week.
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The kingdom will open its $590 billion stock market to foreigners, one of the last major bourses to have remained mostly shut to international investors, in June.
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Shareholders are taking advantage of booming markets to sell stock, lifting block trades in Asia.
Greece’s standoff with creditors has slashed trading in its government bonds, with prices swinging wildly recently.
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The first Chinese company to default on the principal of a locally-issued bond said it would repay investors 35% of what it borrowed.