Activision Blizzard’s Earnings Miss. Investors Care More About the Microsoft Merger.

The videogame giant posts first-quarter earnings that missed expectations. Activision isn't providing guidance in light of its upcoming acquisition by Microsoft. Read More...


India 10-year bond yield sees biggest single-day fall in 20 months

India’s benchmark 10-year bond yield saw its biggest single-day fall in nearly 20 months on Monday amid a drop in crude oil prices and as global risk-off sentiment prompted investors to cover their short positions. The rupee fell to a one-and-half month low, tracking falls in the domestic share market and other Asian peers on concerns that Beijing could join Shanghai in a strict COVID-19 lockdown which weighed on Chinese stocks and the yuan. India’s benchmark 10-year bond yield closed trading at 7.04%, down 13 basis points on the day, its biggest single-day fall since Sept. 1, 2020.

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