Why Chinese investors are reviewing bond portfolios as AAA ratings come under scrutiny

More than a quarter of the country’s nearly 6,000 bond issuers carried AAA ratings at the end of the first quarter, while another 32% were rated AA+, according to the Securities Association of China. In comparison, fewer than 1% of outstanding US corporate bonds carry AAA ratings, Bloomberg data showed. In a move that could … Read more

Asian stocks today: Markets stay cautious as Middle East tensions, Fed rate worries keep investors on edge

Japan’s Nikkei slipped 1% and South Korea’s Kospi fell nearly 2%, pulling MSCI’s broadest Asia-Pacific share index down 0.4%. Futures pointed to a firmer opening for Wall Street, with S&P 500 and Nasdaq futures rising 0.4%, while European futures gained 0.2%. Asian equities traded cautiously on Monday as lingering uncertainty over the Middle East ceasefire … Read more