Bitcoin Falls Nearly 30% From 2025 Peak

Argentina's bond sale spree has reached over $3.4 billion, with the City of Buenos Aires re-entering global markets after nearly a decade. This surge in foreign debt issuance has occurred within the last three weeks, surpassing the total volume of the previous five months combined.

Blue Owl Capital has announced the cancellation of a merger between its two private-credit funds, Blue Owl Capital Corp. and Blue Owl Capital Corp. II. This decision follows concerns regarding potential investor losses, which have negatively impacted the company's share prices. Dani Burger reported this development on Bloomberg Television.

MFS CEO Ted Maloney has expressed concerns over market concentration, warning that investors should remain disciplined amid rising risks associated with technology sector valuations and the shift towards private markets. He highlighted the potential for a market correction, urging investors to stay the course despite the current volatility. Maloney's remarks were made during an appearance on Bloomberg Open Interest.

The anticipated Bitcoin bounce did not materialize, leaving leveraged traders in a precarious position. The cryptocurrency has seen a significant decline, falling nearly 30% from its peak earlier in 2025, raising concerns about the sustainability of high-risk investments in the crypto market.

Nokia CEO Justin Hotard announced that the company is streamlining its operations to concentrate on networking infrastructure that supports AI data centers. This statement was made during an appearance on 'Bloomberg Surveillance' prior to the company's capital markets day.

Singapore Prime Minister Lawrence Wong discussed US-China relations, tensions with Japan, and the concept of a wealth tax during an interview with Bloomberg's John Micklethwait at the 2025 New Economy Forum in Singapore. Wong's insights reflect the complexities of international diplomacy and economic policy in the current global landscape.

TMX Group has opened a new office in Manhattan, marking a significant step in its efforts to expand its presence in the United States. CEO John McKenzie discussed the company's growth during an appearance on Bloomberg Open Interest.

Kevin Hassett, Director of the US National Economic Council, has reported an 'unprecedented' boom in US productivity. This statement was made during an interview with Bloomberg's Anna Wong at the Bloomberg Insights & Innovation Summit held in Washington, DC.