The precious metal is now forecast for a market deficit of 476,000 ounces in 2024 amid strained supply from the mining sector and resilient demand, according to a new report from the World Platinum Investment Council.

Chinese property developer Country Garden made payments on two onshore bonds within a grace period, avoiding default days after the company had said it might turn to a state guarantor for help.

China will start selling the first batch of a planned $138.37 billion ultralong bond issuance this week, as Beijing looks to provide more support to the economy.

“Strange bedfellows” are teaming up to oppose a Treasury Department proposal penalizing certain payments.

A U.S. oil CEO’s alleged collusion with OPEC isn’t as alarming or evil as it seems.

Shares of companies that missed first-quarter earnings estimates have slid an average of 2.8%, compared with the five-year average of a 2.3% decline.