ai-pulse Global Market Roundup: US-Indonesia Trade Deal, Hedge Fund Surge, and More
The US and Indonesia have finalized a trade agreement, slashing tariff rates to 19%, while a hedge fund reports a surge in catastrophe bond sales. Meanwhile, Deutsche Welle reporter Alican Uludag was arrested for insulting Turkish President Recep Tayyip Erdogan, and Blue Owl Capital found buyers for a $1.4 billion portfolio of loans.