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(Bloomberg) -- Foreign investors are wading into South African government bonds while steering clear of equities, despite a stock-market surge that’s left emerging-market peers in its wake.Most Read from BloombergNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitAs Wars Rage, Cities Face a Dark New Era of Urban DestructionNon-residents have purchased a net 25.8 billion rand ($1.4 billion) in South African bonds this y

(Bloomberg) -- Bank of America Corp. has emerged as Wall Street’s biggest pound bull, pushing a 2025 forecast that sees the currency hitting its highest level against the euro since 2016 and surging 8% versus the dollar.Most Read from BloombergNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitAs Wars Rage, Cities Face a Dark New Era of Urban DestructionThe US bank is calling for the pound to advance to 80 pence per eu

Risk sentiment took a hit in Asia on Friday from renewed political rumblings in South Korea, rattling investors' nerves as they awaited a crucial U.S. nonfarm payrolls report that could alter the odds of a Federal Reserve rate cut this month. Once markets caught word that there could be another martial law declaration in South Korea, heavy selling hammered the Korean won and the Seoul share market. South Korean authorities were quick to act.

Amazon shares hit another record high Thursday, bucking the broader market's downturn today and boosting their year-to-date gain to 45%. Monitor these key chart levels.

The total wealth held by the world's billionaires globally rose 17% to $14 trillion in the 12 months leading up to April, UBS said.

(Bloomberg) -- Luxury hotel Fontainebleau Miami Beach sold a $975 million commercial mortgage-backed security to refinance debt.Most Read from BloombergKansas City Looks Back on its Long, Costly Ride With MicrotransitNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsThe CMBS is part of a broader $1.2 billion debt package that includes a mezzanine loan of as mu

TD Bank shares fell Thursday after the bank's fourth-quarter profits fell short of analyst projections.

Jack Daniel's whiskey owner Brown-Forman was the S&P 500’s best performing company Thursday.

Lululemon reported third-quarter earnings that topped analysts’ expectations and raised its full-year outlook, sending shares sharply higher in extended trading Thursday.

Shares were up 10.5 percent in after-hours trading as the active brand appeared to find more of its footing in the U.S.