Citi keeps a Sell rating on Yes Bank and lowers its target to Rs 17.50 after the Supreme Court reinstated Rs 8,415 crore of AT-1 bonds, per Moneycontrol.
Jakarta Composite fell 8% at Friday's open after MSCI proposed standalone status for Indonesia, which could fuel foreign outflows, cnbctv18.com reports.
The Nikkei Stock Average rose 1% to 65,085.40 in early trade after Wall Street gains, as US Treasury yields eased on dovish Fed comments, Market Talk reports.
Nasdaq fell for a fourth straight session on AI-related worries, sending investors into Treasurys and gold while the Dow and transports rose, WSJ reported.
The RealReal secured a $150 million term loan and $25 million revolver from Fortress affiliates to redeem its 2029 notes and push maturities out to 2033.
Calumet, Inc. (CLMT) will redeem $150 million of its 2028 notes on October 25, 2026, at 102.438% plus accrued interest. Total debt cut since July is about $265 million.
Qatar International Islamic Bank said first meetings of certificateholders failed to reach quorum. Adjourned meetings for Series 3 and 4 are set for 28 October.
US consumer prices rose 3.7% year on year in September, yet the 10-year Treasury yield pulled back from its recent peak. The Wall Street Journal reports.
Third-quarter bond trading weakened at major Wall Street banks amid rate volatility, while their equity trading desks posted sharp revenue gains, according to Newsmetry API.
SmartCentres REIT (SRU.UN) closed $450M of senior unsecured debentures, including $150M Series AC due 2029 and $300M Series AE due 2032, per BusinessWire.