Heading into 2025, market watchers are starting to plan strategies based on a return to pro-business and deregulatory policies. The prospect of lower inflation and lower interest rates promises relief from debt pressures, which will be beneficial for lenders and other financial service firms. This will bring investors’ sights to bear on BDCs, business development companies. These are investment firms, operating outside the traditional banking system but making capital and credit available to sma

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(Bloomberg) -- China’s central bank will deliver the biggest interest-rate cuts in a decade next year as policymakers intensify efforts to shore up growth and arrest deflation, in the view of a number of Wall Street lenders.Most Read from BloombergNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitAs Wars Rage, Cities Face a Dark New Era of Urban DestructionGoldman Sachs Group Inc. and Morgan Stanley are among those pr

The signs at Nippon Steel read: “The world through steel,” underlining why Japan’s top steelmaker is pursuing its $15 billion bid to acquire U.S. Steel. Nippon Steel Corp. has its eyes on India, Southeast Asia and the U.S., Suzuki said. The Tokyo-based company remains optimistic, although the deal is opposed by President-elect Donald Trump, President Joe Biden and American steelworkers.

Stock traders have become even more bullish and complacent — and that’s a bearish sign.

As the AI hype continues, finance leaders should evaluate the technology with a dose of skepticism.

(Bloomberg) -- Chinese stocks jumped to the highest level in two weeks as some traders positioned for further stimulus to be released at a key policy meeting next week.Most Read from BloombergNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitAs Wars Rage, Cities Face a Dark New Era of Urban DestructionThe CSI 300 Index rose 1.3% on Friday, led by gains in financial and technology shares. The benchmark for onshore shar

(Bloomberg) -- Foreign investors are wading into South African government bonds while steering clear of equities, despite a stock-market surge that’s left emerging-market peers in its wake.Most Read from BloombergNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitAs Wars Rage, Cities Face a Dark New Era of Urban DestructionNon-residents have purchased a net 25.8 billion rand ($1.4 billion) in South African bonds this y

(Bloomberg) -- Bank of America Corp. has emerged as Wall Street’s biggest pound bull, pushing a 2025 forecast that sees the currency hitting its highest level against the euro since 2016 and surging 8% versus the dollar.Most Read from BloombergNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitAs Wars Rage, Cities Face a Dark New Era of Urban DestructionThe US bank is calling for the pound to advance to 80 pence per eu

Risk sentiment took a hit in Asia on Friday from renewed political rumblings in South Korea, rattling investors' nerves as they awaited a crucial U.S. nonfarm payrolls report that could alter the odds of a Federal Reserve rate cut this month. Once markets caught word that there could be another martial law declaration in South Korea, heavy selling hammered the Korean won and the Seoul share market. South Korean authorities were quick to act.