Trump’s Argentine gamble benefits almost no one
Propping up the peso is unlikely to lead to a sustainable improvement in the country’s economy
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Argentine peso weakens to fresh low despite US interventions
Currency gains sparked by estimated $400mn of US purchases melt away ahead of election for president Javier Milei
Argentine peso weakens to fresh low despite US intervention
Currency gains sparked by estimated $400mn of US purchases melt away ahead of crucial election for president Javier Milei
JPMorgan warns First Brands fallout driving up banks’ funding costs
Concerns mount about hidden exposure to private capital firms and hedge funds in wake of credit market wobbles
Vietnamese stocks fall sharply after regulator points to violations in credit market
State audit of $17bn in domestic bonds found flaws in disclosure and misuse of proceeds
Rare earths make gains in premarket trading amid battle to beat China’s dominance
Shares of U.S.-listed companies related to the rare earth supply chain climbed in premarket trading on Monday.