Turkish Markets Sink Most in World as Erdogan Deepens Purge
  • March 18, 2025

Turkish Markets Sink Most in World as Erdogan Deepens Purge

(Bloomberg) -- Turkey’s lira sank, an equity selloff triggered a trading halt, and government bond yields surged to the highest levels this year as investors dumped the nation’s assets after the arrest of a key rival to President Recep Tayyip Erdogan. Most Read from BloombergWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal FundsA Malibu Model for Residents on the Fire FrontlinesDespite Cost-Cutting Moves, Trump Plans to Remake DC in

Foreign Funds Pile Into Indian Debt Even as They Dump Stocks
  • March 18, 2025

Foreign Funds Pile Into Indian Debt Even as They Dump Stocks

(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal FundsA Malibu Model for Residents on the Fire FrontlinesDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleGlobal funds are set to boost their holdings of Indian bonds in March by the most in six

Morgan Stanley Closes Controversial Sell Call on SK Hynix Stock
  • March 18, 2025

Morgan Stanley Closes Controversial Sell Call on SK Hynix Stock

(Bloomberg) -- Morgan Stanley analysts upgraded SK Hynix Inc. to equal-weight form underweight, saying they mistimed their downgrade last September as the stock has since rallied on optimism about the company’s prospects in supplying cutting-edge memory chips. Most Read from BloombergThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal FundsA Malibu Model for Residents on the Fire FrontlinesDespite

Indonesia Woes Spread as Bank Scraps Bond, Credit Market Slumps
  • March 18, 2025

Indonesia Woes Spread as Bank Scraps Bond, Credit Market Slumps

(Bloomberg) -- An Indonesian state-owned lender scrapped a planned sale of dollar bonds after a stock market rout in the country quickly spread to other asset classes.Most Read from BloombergThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal FundsA Malibu Model for Residents on the Fire FrontlinesDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StylePT Bank Tabungan Negara pulled its of