Core Viewpoint - The issuance of up to $4 billion in U.S. dollar bonds in Hong Kong is a strategic move in the ongoing financial competition between China and the U.S. [1][24] Group 1: Strategic Context - The U.S. is concerned about global capital flowing towards China, which could lead to a lack of domestic investment in U.S. assets [4][10] - The Federal Reserve faces a dilemma with high interest rates, making it difficult to lower rates without risking capital flight [5][10] - The issuance of bonds is seen as a proactive measure to counteract U.S. attempts to restrict capital flow to China [10][20] Group 2: Historical Precedent - A previous bond issuance in Saudi Arabia raised $20 billion with a subscription of approximately $39.73 billion, indicating strong demand for Chinese bonds [10][12] - The strategy of issuing bonds is not merely about borrowing money but is a calculated move to acquire dollars and redistribute them to countries in need [12][14] Group 3: Economic Implications - The bond issuance aims to consolidate scattered dollars globally, providing liquidity to countries like Argentina and Turkey that have faced dollar shortages [18][20] - This approach is framed as a cooperative strategy, contrasting with the U.S. method of exerting financial dominance [20][22] Group 4: Future Outlook - The continued issuance of U.S. dollar bonds could alter the global flow of dollars and enhance China's position in the financial landscape [22][24] - By employing a strategy based on cooperation rather than coercion, China aims to gradually shift the dynamics of global finance [24]

Group 1: Fox Corporation (FOXA) - The company has a Zacks Rank of 1, indicating strong performance potential [1] - The Zacks Consensus Estimate for its current year earnings has increased by 5.6% over the last 60 days [1] - Fox Corporation has a PEG ratio of 1.46, which is lower than the industry average of 1.93, and possesses a Growth Score of B [1] Group 2: Grupo Cibest S.A. (CIB) - The company also holds a Zacks Rank of 1, suggesting favorable investment conditions [2] - The Zacks Consensus Estimate for its current year earnings has risen by 3.3% over the last 60 days [2] - Grupo Cibest has a PEG ratio of 1.14, significantly lower than the industry average of 2.66, and has a Growth Score of B [2] Group 3: Futu Holdings Limited (FUTU) - This company carries a Zacks Rank of 1, reflecting strong growth potential [3] - The Zacks Consensus Estimate for its current year earnings has increased by 6.2% over the last 60 days [3] - Futu Holdings has a PEG ratio of 0.64, which is lower than the industry average of 0.98, and possesses a Growth Score of B [3]

The Google headquarters in Mountain View, California, US. Global bond sales have soared to a record this year as borrowers take advantage of easy market conditions to fund everything from the boom in artificial intelligence projects to a revival in acquisitions. Issuance has been on a tear for much of 2025 and has set a new annual record of $5.95 trillion, topping the previous high in 2024, according to data compiled by Bloomberg. And there’s still more than a month of the year to go, with Wall Street br ...

Core Insights - PostFinance, Switzerland's leading digital bank, is enhancing its fraud protection and customer communication by expanding its partnership with FICO, utilizing FICO® Falcon® Fraud Manager and FICO® Customer Communication Services [1][2][3] Company Overview - PostFinance serves approximately 2.4 million customers in Switzerland and processes around 4 million transactions daily, with a total transaction value of CHF 5.9 billion [2] - The bank's debit cards account for an estimated one-third of all debit card transactions in Switzerland, both domestically and internationally [2] Technology and Solutions - FICO Falcon Fraud Manager employs artificial intelligence and is backed by over 100 patents in fraud detection, protecting more than 4 billion payment cards globally [2][4] - The partnership aims to provide instant communication with customers when fraud is suspected, thereby improving customer experience and protection [2][3] Strategic Importance - This expansion supports PostFinance's digital transformation and reinforces its leadership in electronic banking, particularly through its e-finance portal [2][3] - The collaboration reflects PostFinance's commitment to exceeding customer expectations in fraud protection and communication [2][3]

For those lucky enough to have been allocated a portion of the sale, China’s $4 billion return to the dollar bond market provided instant gains as the notes quickly rallied in the secondary market. Many more are likely to have missed out after the process generated enough demand to cover the deal almost 30 times over. The $118.1 billion order book was huge even by the standards of this year’s booming bond market, following a pattern set by other sovereigns like Spain and Italy that have generated order bo ...

Reliance Group chairman Anil Ambani has been summoned again by the Enforcement Directorate (ED) for questioning next week in an alleged bank fraud-cum-money laundering case, according to sources. The 66-year-old businessman was questioned by the federal probe agency in August.Also read Anil Ambani has been asked to depose on November 14 for questioning in a money laundering case linked to an alleged bank loan fraud at the State Bank of India (SBI), the sources said. The agency recently attached assets worth ...

Core Insights - Granite Point Mortgage Trust Inc. reported a GAAP net loss attributable to common stockholders of $(0.6) million, or $(0.01) per basic weighted average common share, which included a benefit from credit losses of $1.6 million [4] - The company declared a common stock dividend of $0.05 per share and a cash dividend of $0.4375 per share for its Series A preferred stock [4] - The total loan portfolio experienced a net activity of $(109.7) million in unpaid principal balance, with $(72.4) million in loan repayments [4] Financial Performance - Distributable Earnings (Loss) for the quarter was $(18.9) million, or $(0.40) per basic weighted average common share [4] - Distributable Earnings (Loss) Before Realized Gains and Losses was $0.9 million, or $0.02 per basic weighted average common share [4] - The book value per common share was $7.94, which included $(2.82) per common share of total CECL reserve [4] Loan Portfolio and Risk Management - The company carried a 97% floating rate loan portfolio with total loan commitments of $1.8 billion, comprised of over 99% senior loans [4] - The weighted average stabilized loan-to-value (LTV) at origination was 65.0%, with a realized loan portfolio yield of 7.5% [4] - The total CECL reserve stood at $133.6 million, representing 7.4% of total loan portfolio commitments [4] Post Quarter-End Update - In Q4 2025, the company funded approximately $2.3 million on existing loan commitments and received a full loan repayment of $32.7 million [4] - The maturity of the secured credit facility was extended to December 2026, and the financing spread was reduced by 75 basis points [4] - As of November 3, 2025, the company held approximately $80.1 million in unrestricted cash [4]

Market Overview - Australian shares are set for a rebound with futures indicating a +0.76% advance, following a positive trend in Wall Street [1] - The Dow and S&P 500 gained around +0.4%, while the Nasdaq increased nearly +0.7% due to favorable jobs reports [2] Company News - Gold ETFs, such as "GOLD," are up +45% year-to-date despite recent price fluctuations in the gold market [4] - WiseTech Global (ASX:WTC) has warned ASIC about a significant stock sale by its founder [4] - Carma Ltd (ASX:CMA) experienced a -7.4% drop on its first trading day, closing at $2.50 per share [5] - NAB (ASX:NAB) is set to release its full-year results, while Amcor Plc (ASX:AMC) and Light and Wonder (ASX:LNW) are among the companies reporting quarterly results [5] Commodity Prices - The Australian dollar is trading at 65 U.S. cents [6] - Iron Ore prices remain stable at $103.55 per tonne [6] - Brent Crude oil has decreased by -1.4% to $63.54 per barrel [6] - Gold is priced at $3,986 per ounce [6] - U.S. natural gas futures have dropped -2.5% to $4.23 per gigajoule [6]

The dollar index (DXY00) on Wednesday fell from a 5.25-month high and finished down by -0.05%.  The dollar gave up its advance on Wednesday and posted modest losses after stocks recovered following Tuesday's rout, which dampened liquidity demand for the dollar. Also, the dollar is still under pressure from the ongoing US government shutdown.  The longer the shutdown is maintained, the more likely the US economy will suffer and the more likely the Fed will have to cut interest rates. The dollar initially m ...

Core Insights - NewtekOne, Inc. has appointed Justine Martin as Chief Revenue Officer of its subsidiary Newtek Merchant Solutions, LLC, focusing on enhancing integration across payments, banking, and lending functions [1][3] - Martin brings over 30 years of experience in the payments processing industry, primarily from Bank of America's Merchant Services division, where she successfully led sales teams and drove client and revenue growth [2] - The company aims to redefine payment processing for independent business owners by offering a comprehensive, integrated solution that simplifies transactions and financial management [3] Company Overview - NewtekOne, Inc. is a financial holding company providing a wide range of business and financial solutions to independent business owners across the United States since 1999 [4] - The company's offerings include banking, business lending, electronic payment processing, accounts receivable financing, insurance solutions, and technology solutions [5] Strategic Goals - The company seeks to empower clients with a seamless payment processing experience, integrating various payment methods and providing real-time information to help businesses understand their operations better [3] - NewtekOne differentiates itself from traditional banks by offering lower-cost, comprehensive solutions tailored for small businesses, aiming to enhance client satisfaction and operational efficiency [3]