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South Korea has surpassed Canada to become the world's seventh largest stock market.

2026-05-07

South Korea has surpassed Canada to become the world's seventh largest stock market.

Other News
2026-05-07

A Wall Street debate is emerging over whether 30-year US Treasury yields can sustain a move above 5%. The yield briefly exceeded that level this week, hovering near a two-decade high. The rise reflects inflation fears tied to oil-price shocks from th

A Wall Street debate is emerging over whether 30-year US Treasury yields can sustain a move above 5%. The yield briefly exceeded that level this week, hovering near a two-decade high. The rise reflects inflation fears tied to oil-price shocks from the US-Iran conflict, alongside resilient growth, large budget deficits, and heavy bond issuance as debt exceeds 100% of GDP. political pressure for rate cuts, markets expect tighter policy ahead. Higher yields would lift borrowing costs across credit cards, mortgages, and business loans, marking a shift away from the low-rate era since the global financial crisis. Analysts note 5% as a psychological threshold reviving concerns over rising interest rates.
2026-05-07

1. Federal Reserve's Goolsby: Don't rush to cut interest rates due to productivity growth. 2. US Treasury announces $125 billion refinancing plan. 3. Institute of International Finance: Global debt climbs to a record high of nearly $353 trillion, w

1. Federal Reserve's Goolsby: Don't rush to cut interest rates due to productivity growth. 2. US Treasury announces $125 billion refinancing plan. 3. Institute of International Finance: Global debt climbs to a record high of nearly $353 trillion, with US borrowing expansion being one of the main drivers. 4. Ministry of Finance to issue RMB 84 billion in government bonds in Hong Kong this year. 5. Midea Group: Plans to issue two batches of convertible bonds totaling HKD 17.248 billion. 6. Eli Lilly launches investment-grade bond issuance to raise funds for acquisitions. 7. Securities firms accelerate bond issuance to replenish capital, with issuance volume increasing by over 60% this year. 8. Rural commercial banks in many regions cut deposit interest rates again, while national banks remain unchanged. 9. Over RMB 1.3 trillion in special-purpose bonds were issued in the first four months, with 86% of the new special-purpose bonds allocated to project construction. 10. China Securities Association: In the first quarter, securities firms underwrote a total of RMB 198.528 billion in science and technology innovation bonds. 11. One year after the launch of the "Science and Technology Board" in the bond market: Scale increases and structure improves; science and technology innovation bonds precisely channel funds into core technologies.
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