India tightens sugar stock limits to tame record prices

South Korea’s Kospi jumps 5.8% as Asian stocks rise after bond rally

MSCI’s Asia Pacific index rises 1.6%, snapping a two-day losing streak

1h ago ·businesstimes.com.sg

South Korea’s Kospi jumps 4% as Asian stocks rise after bond rally

MSCI’s Asia Pacific index rises 1%, snapping a two-day losing streak

• South Korea's Kospi index surges 4%, marking a 4% rise
• Asian stocks rally after US bond buyback plan to curb borrowing costs
• US dollar steadies, gold dips 0.2% despite reaching highest level since early June

1h ago ·businesstimes.com.sg

CNBC Daily Open: Treasury attempts to rein in bond yields as U.S. debt swells past $40 trillion

On Wednesday, the Treasury Department's decision to double its purchases of longer-dated bonds sent yields lower and gave stocks some breathing room.

1h ago ·cnbc.com

To Absorb $1 Trillion of New Treasuries in 3 Months, as the Debt Ballooned to $40 Trillion, Investors Demanded Higher Yields. Bessent Blows Fuse

Bessent’s job is to sell these bonds come hell or high water, and at the lowest possible yield.

1h ago ·wolfstreet.com

Kiwibank posts full-year profit of $174 million, down 9% on previous year

State-owned Kiwibank has posted a full-year profit of $174 million, down 9 percent on the $191m recorded a year earlier.

• Kiwibank reported $174 million profit, a 9% decrease from previous year
• Net interest margins reduced 15 basis points, impacting profitability
• Total lending reached $38.9 billion, driven by retail and business lending

1h ago ·rnz.co.nz