Asian stock markets were trading lower, reflecting an overnight drop on Wall Street. Share Market News Today | Sensex, Nifty, LIVE stock price: The national stock market benchmarks BSE Sensex and Nifty 50 were on the verge of being sold off strongly on Wednesday, a day before the September futures and options expiration of...
Read MoreThe cash-strapped developer has another $ 45 million bond interest payment due Wednesday, and investors believe Evergrande is unlikely to find the money given its lack of public communication so far on its international obligations. Evergrande has a grace period of 30 days before its non-payment constitutes an event of default on its obligations....
Read MoreKARACHI: The government plans to raise Rs 100 billion through the five-year Ijara Sukuk auction this month against three identified assets, the central bank said on Monday, responding to a long-standing demand from the Islamic banking sector. The government expects to raise 75 billion rupees through the auction of the variable rental rate of...
Read MoreA Saudi money exchanger wears gloves as he counts the Saudi riyal at a foreign exchange office in Riyadh, Saudi Arabia, March 10, 2020. REUTERS / Ahmed Yosri RIYAD, Sept.27 (Reuters) – Saudi Arabia plans to issue green bonds soon, an official said on Monday, as the oil-producing kingdom seeks to address environmental, social...
Read MoreLast week, the fate of debt-laden Chinese real estate conglomerate Evergrande, which owes its creditors more than $ 300 billion, was on the edge of the proverbial. The company had interest payments on two maturing bond issues. On Wednesday, he was due to pay 232 million yuan (30.5 million euros) on a national bond...
Read MoreBSS, New York Sat Sep 25, 2021 12:56 PM Prime Minister Sheikh Hasina granted a reception by the US Chapter of the Awami League at the LaGuardia Airport Marriott in New York City on September 24, 2021. Photo: PID “> Prime Minister Sheikh Hasina granted a reception by the US Chapter of the Awami...
Read MoreChinese corporate bond defaults reached an all-time high of 116 billion RMB ($ 18 billion) in the first half of 2021 and are expected to increase in the coming months. Payment defaults are also on the rise, with defaulters having an average of RMB 8.7 billion of onshore bonds outstanding, according to Fitch. This...
Read MoreEuropean equities fall, US should open weaker Asian stocks down for the week but global markets up China Evergrande does not pay interest due Thursday US Treasury yields at their highest for nearly three months LONDON, Sept. 24 (Reuters) – Shares fell on Friday as uncertainty over Chinese developer Evergrande dampened confidence, but major...
Read MoreThis archive photo shows the Tokyo Stock Exchange. (Mainichi) TOKYO (Kyodo) – Tokyo shares closed sharply higher on Friday, with the benchmark Nikkei gaining more than 2%, as fears over the potential collapse of debt-laden Chinese real estate developer Evergrande Group fade . The 225-number Nikkei Stock Average finished up 609.41 points, or 2.06%,...
Read MoreAP – Global stocks were mostly higher yesterday after the Federal Reserve signaled it may start easing its extraordinary support measures for the United States (US) economy later this year. Benchmarks rose in Paris, London, Hong Kong, Shanghai and most other markets. US futures were higher. Markets have been closed in Tokyo for a...
Read MoreFed policymakers predict decline in bond purchases to end in 2022 Powell links withdrawal to September jobs report Inflation is expected to be above Fed target for four years WASHINGTON, Sept.22 (Reuters) – The U.S. Federal Reserve said on Wednesday it would likely start cutting its monthly bond purchases as early as November and...
Read MorePeople chat outside a reception with an electronic board displaying the movements of major indices in the Johannesburg Stock Exchange building in Sandton Johannesburg, March 14, 2016. REUTERS / Siphiwe Sibeko / File Photo JOHANNESBURG, Sept.22 (Reuters) – The South African rand strengthened on Wednesday as risk appetite improved after the China Evergrande group...
Read MoreNOT FOR PUBLICATION, DISTRIBUTION OR BROADCAST USE, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OF AMERICA, CANADA, JAPAN OR AUSTRALIA OR IN ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR BROADCAST IS ILLEGAL Ad hoc announcement in accordance with Article 53 of the SIX Exchange Regulation listing rules Männedorf, Switzerland – September 21, 2021...
Read MoreASHEVILLE, North Carolina (WLOS) – Leaders at the Buncombe County Family Justice Center will ask county commissioners on Tuesday, September 21, to help fill the gaps in what declining federal funding will not cover. The Family Justice Center in Buncombe helps victims of domestic violence, sexual assault and elder abuse. It is the only...
Read MoreThe Qatar Stock Exchange saw strong buying interest from domestic funds, even though it fell below 11,200 points. Despite the bullish grip of Arab and local retail investors, the Qatar 20-stock index fell 0.41% to 11,178.07 points, although it hit an intraday high of 11,234 points. Six of the seven sectors, including banking, were...
Read MoreNew Delhi, Delhi, India: BondsIndia is a new age fintech start-up that aims to digitize and democratize the Indian bond markets. Launched in early 2020, BondsIndia is the the country’s leading online fixed income portal whose main objective remains simplify bond markets for retail investors by educating and advising them every step of the...
Read MoreTOKYO – Fleets of yuan-denominated bonds in mainland China by foreign issuers have rebounded this year as global multinationals capitalize on the economy’s long-term growth prospects to plan for business expansion. For the year through September, 19.5 billion yuan ($ 3.02 billion) of so-called panda bonds were issued, according to Refinitiv, exceeding the total...
Read MoreThe federal government spent a total of 1.03 trillion naira on debt service in the first quarter of this year, compared to 779.73 billion naira in the corresponding period of 2020, the Central Bank of Nigeria said. (CBN). Apex bank revealed this in its April 2021 economic report released this weekend. He attributed the...
Read MoreThe government’s borrowing plan for 2022, submitted by the government to the Verkhovna Rada along with the state budget proposal, provides for the issuance of Eurobonds with a maturity of 5 to 15 years for the equivalent. of $ 1.5 billion, or 42.9 billion UAH. According to the document, the weighted average interest rate...
Read MoreClinton, Ill. (Wand) -Bond was put in place for the suspect during a standoff in US 51 officials said he had a toddler with him in the car. Authorities identified the man as follows: Orsino Thurman, 36 years old. Thurman appeared in DeWitt County Court Thursday and established a deposit of $ 75,000. Situation...
Read Morein a bad mood Two credit rating agencies – Moody’s Investor Services (Moody’s) and Standard and Poor (S&P) have confirmed Ghana’s credit rating at B3 and B- respectively. Rating agencies also maintained Ghana’s outlook. A statement issued by the Public Relations Unit of the Ministry of Finance and made available to the Ghanaian News...
Read MoreIf you’re waiting for the abyssal landscape of rental cars to clear up … don’t hold your breath. The “Headaches for Car Renters” are expected to continue until 2022 or later, the Los Angeles Times reports, citing experts in the car rental industry. Thanks in large part to a global shortage of microchips reducing...
Read MoreFHM HUMAYAN KABIR | Posted: Sept. 11, 2021, 8:33 a.m. | Update: Sept. 11, 2021, 12:12 p.m. The International Finance Corporation (IFC) plans to issue taka-denominated bonds in the Bangladeshi market to extend its financial support to industries and national agencies in need of funds. Official sources said on Friday that the private sector...
Read MoreMortgage rates have fallen today after starting the week by jumping noticeably higher yesterday. Today’s gains are due to worries about global growth at the start of the trading session and a strong 10-year Treasury auction during domestic market hours. Mortgage rates this morning weren’t too better than yesterday, but several lenders offered improvements...
Read MoreFeatured activity report Sat Sep 4, 2021 9:08 PM Representative image. Photo: Star / File “> Representative image. Photo: Star / File The SME Foundation will donate 30% of the Tk 200 crore incentive package to small and medium-sized entrepreneurs headed by women to recover losses from the Covid-induced fallout. Mafizur Rahman, CEO of...
Read MoreSeptember 1, 2021Updated: Sep 1, 2021 1:24 PM LANSING, Mich. (AP) – A former state employee pleaded guilty in Michigan court Tuesday to embezzling more than $ 855,000 from the state. Joseph Pettit, who worked for the State Department of Environment, Great Lakes, and Energy, was responsible for issuing performance bonds to companies that...
Read MoreI have been a long-time investor in Gold BeES even before the launch of gold sovereign bonds. Previously, gold ETF prices seemed to align with national gold prices, but lately they have diverged. The current price of my gold ETF is around 41 while the price of gold is 47. Am I now stuck...
Read MoreMid-August marked the 50th anniversary of the ‘Weekend That Changed the World’ when US President Richard Nixon suspended dollar-to-gold convertibility at a fixed price and rolled the curtain on the Bretton International Monetary System. Woods. The next half century brought many In a monetary perspective, one of the most important was the continued dominance...
Read MoreIndia’s holdings of U.S. government securities jumped from over $ 20 billion in just three months at the end of June to $ 220.2 billion amid rising foreign exchange reserves. Compared with June of last year, when most economic activity was ravaged by the coronavirus pandemic, India’s exposure to US Treasuries jumped by nearly...
Read More(Bloomberg) – As Argentina’s largest province seeks to restructure its defaulting debt, investors who went through a similar saga with the federal government a year ago may feel a sense of déjà vu. As in the case of sovereign bonds, reaching an agreement is complicated by the fact that part of the debt of...
Read Moreby Brian Resnick, CFA – Director and Senior Investment Strategist for Alternatives and Multi-Assets Investors naturally turn to higher income segments when traditional core bond yields are low. But many US fixed income investors have limited their choices to a few aisles of the income supermarket, focusing primarily on exposure to US high yield...
Read MoreAll zodiac signs have their own unique characteristics and traits that define someone’s personality. Wouldn’t it be helpful if you started your day already knowing what to expect? Read on to find out if the odds will be in your favor today. RAM (March 21-April 20) Your advice will help a family member make...
Read More* Real Brazil overall for weekly losses as political tensions weigh in * Mexican peso limited rise seen – analyst * Chilean peso drops on Escondida strike plan * JBS and Lojas Americanas rally By Susan Mathew Aug 6 (Reuters) – Latin American currencies hit session lows on Friday as the dollar improved after...
Read MoreTreasury press release: August 4, 2021 Connecticut State Treasurer Shawn T. Wooden has provided the Governor and General Assembly with the monthly cash and bond report for June 2021 with updates as of July 31. Report highlights Connecticut’s continued strong cash position during the ongoing pandemic and summarizes bond issuances before year-end 2021 and...
Read MoreThursday’s central bank meeting could lead to the release of a report on its strategy to reverse its decade-old quantitative easing policy, as well as a potential roadmap for raising interest rates. Observers will watch with nervousness the BoE meeting on Thursday, as aside from its latest decision on interest rates, the central bank...
Read MoreWashington (AP) – Treasury Secretary Janet Yellen told Congress on Friday that the government will start taking urgent action to protect the government from unprecedented defaults on government bonds. Means of subsistence. “ Yellen said in a letter to House and Senate leaders that his actions will take time until Congress passes a bill...
Read MoreJuly 24, 2021 NOTTODAY The Bank of England, like most central banks in rich countries, has two main functions: to maintain monetary stability and to ensure the soundness of the financial system. For most of his life, however, he was also responsible for managing public debt. (Fortunately, the original reason for the bank’s creation...
Read MoreReforming the bill would increase funding for government victim compensation and assistance programs and subsidies to victim service providers. U.S. Senator Cindy Hyde-Smith (R-Miss.) Today voted in favor of legislation to strengthen funding for the Crime Victims Fund, a grant program of the Victims of Crime Act (VOCA ) which supports state-level programs that...
Read MoreOn July 20, the Ministry of Finance placed national government debt bonds for UAH 7.5 billion and € 8 million. This finance ministry said so in a press release, reports the Ukrainian news agency. The Ministry of Finance offered investors five issues of securities in national currency and one issue in foreign currency. The...
Read MoreOil pumping jacks, also known as “nodding donkeys” at an oil field of Rosneft Oil Co. near the village of Sokolovka, Udmurtia, Russia on Friday, November 20, 2020 . Bloomberg | Bloomberg | Getty Images Oil prices stabilized on Tuesday after falling about 7% in the previous session as part of a wider market...
Read MoreSource: StockCharts.com, Strategy and portfolio management Peter DagThe chart above shows our real-time business cycle indicator (bottom panel) which is updated in each issue of Strategy and portfolio management Peter Dag. An exclusive free subscription is available for readers of this article. The 10-year Treasury bond yields are shown in the top panel. Since...
Read MoreThe Black Sea Trade and Development Bank (BSTDB) is considering a portfolio of projects in Ukraine for possible implementation amounting to $ 155 million, including road infrastructure, agro-industry, commercial property, financial facilities, said bank chairman Dmytro Pankin.In an interview with Interfax-Ukraine, he said that in 2021, the bank updated its $ 5 million trade...
Read MoreDomestic revenue is an increasingly vital source of finance for the Kingdom’s development, accounting for 19% of gross domestic product (GDP) last year and is expected to reach 22.5% by the end of 2025, said the UN on July 16. The United Nations Development Program (UNDP) made the remark on the basis of a...
Read MoreBRUSSELS, July 16, 2021 / PRNewswire / – Operating profit increased by 7% to 777 million euros (H1 2020: € 730 million) due to: Business income increased 13% to reach 723 million euros (H1 2020: 639 million euros) Banking and other income decreased by 40% for € 54 million (H1 2020: € 91) millions),...
Read MoreBonds rally as Powell trumps inflation data (sort of …) Producer prices surged in this morning’s report at the same time Powell’s prepared remarks were released for Congressional testimony this afternoon. The subsequent improvement in bonds makes it tempting to credit Powell’s speech with victory. Powell certainly didn’t hurt as he maintained the same...
Read MoreInvesting can be difficult for everyone, but for those between the ages of 20 and 30, it can be particularly intimidating to … Investing can be difficult for anyone, but for those between the ages of 20 and 30, it can be particularly intimidating to create a wallet from scratch, especially by paying off...
Read MoreNEW DELHI: The fourth tranche of gold sovereign bond of this fiscal year was opened for subscription on Monday. The Sovereign Gold Bond Scheme 2021-22 issue price has been set at Rs 4,807 per gram of gold, the Reserve Bank of India (RBI) said on Friday. “The face value of the bond … is...
Read MoreBy ALLAN OLINGO Ethiopia plans to restructure a billion dollar debt as the government searches for ways to free up funds to support economic recovery amid devastating conflict in the north. Prime Minister Abiy Ahmed’s administration is reeling from a war in the Tigray region, which has so far consumed at least $ 2.3...
Read MoreText size A buyer in a Trader Joe’s market at the height of the pandemic, when the current economic boom was unexpectedly building in the United States Jeffrey Isaac Greenberg / Alamy The bond market usually runs in the background in people’s minds, with most only paying attention when yields are wavering one way...
Read MoreDirector: Mahamet-Saleh Haroun; Actors: Achouackh Abakar, Rihane Khalil Alio, cert to be confirmed, 87 minutes There are no cinemas in Chad, a fact that makes the prolific career of filmmaker Mahamet-Saleh Haroun a sort of miracle. In his country, his images are projected in the underground, in film clubs, and shared with connoisseurs. The...
Read MorePakistan on Tuesday launched $ 1 billion in international bonds under the Sukuk initiative, The news reported. The subscription price for these Sukuk bonds is $ 3 billion for five, 10 and 30 years. The federal cabinet recently approved the launch of the Eurobond and Sukuk bonds to generate $ 3.5 billion in the...
Read MoreYesterday, national institutions and individuals in the Gulf became net buyers on the Qatar Stock Exchange, which otherwise ended in decline.Foreign institutions continued to be net buyers, but with less intensity, as the Qatar 20-stock index fell 28 points or 0.26% to 10,799.85 points, after hitting an intraday high of 10,829 points.Insurance, industrials, real...
Read MoreThe “Cheers to Good Company” collaboration features a unique Sam Adams lager beer made from … nationally sourced hops and a limited edition clothing line from American Giant. Both products are called American Crafted and made in the USA Courtesy of the American giant American Giant and Samuel Adams collaborate on a limited...
Read MoreNEW YORK–(COMMERCIAL THREAD) – Kroll Bond Rating Agency (KBRA) assigns a long-term rating of AA- with a stable outlook to Airport Bonds in Salt Lake City, Utah (Salt Lake City International Airport), Series 2021A (AMT) and Series 2021B ( non-AMT). The outlook is stable. The strength of the SLC Air Service Area (ASA); favorable...
Read MoreHowever, the The figures published in June by New Financial relate to 2019, a year in which the effects of Brexit have not yet been felt. The City has since lost its position as Europe’s leading equity market to Amsterdam. And the data also predates the covid-19 pandemic. At the time, the United States...
Read MoreZURICH, June 30 (Reuters) – Credit Suisse (CSGN.S) plans to centralize the management of its bankers to the richest in the world, replacing a regional structure, three sources said, as part of efforts to speed up an overhaul after a series of scandals. The Swiss bank and its board are looking to decide on...
Read MoreThe Center expects to do so in this fiscal year as it wants to broaden the investor base and reduce borrowing costs. India’s attempts to list its sovereign bonds on global bond indices are stalled due to “insignificant problems,” said Sanjeev Sanyal, senior economic adviser to the finance ministry. The Center, which has been...
Read MoreT-bills and bonds offered this week could see their rates drop sideways. – NB FILE PHOTO Government SECURITY RATESlinks for auction off this week is likely to move sideways after the central bank kept borrowing costs at record highs in its last policy meeting. The Treasury Office (BTr) is seeking to borrow 15 billion...
Read MoreNew Delhi , June 26 (ANI): Covered bonds backed by a safety pool of gold and auto loans are finding favor with investors, rating agency ICRA said. A covered bond is a collection of loans issued by banks and then sold to a financial institution for resale. In FY21, national covered bond issuance saw...
Read MoreEuropean stocks closed higher on Thursday, with the Bank of England holding interest rates unchanged and expecting UK inflation to temporarily exceed its 2% target, but hinting at a hawkish turn as that recently attributed to the US Federal Reserve. The French CAC ended up 1.2%, the European STOXX 600 rose 0.9% and the...
Read MoreThis content was published on June 23, 2021 – 13:59 June 23, 2021 – 1:59 PM (Bloomberg) – Barclays Plc chief executive Jes Staley told the Qatar Economic Forum that most of the bank’s traders have returned to their desks after more than a year of restrictions. Earlier, Emmanuel Roman, CEO of Pacific Investment...
Read MoreInvestments by domestic insurers in New York State have significant exposure to carbon-intensive sectors, according to a new study from the New York Department of Financial Services (NYDFS). The study, carried out in collaboration with an independent non-profit organization 2 ° Investing Initiative (2DII), analyzed the equity and corporate bond investment portfolios of 250...
Read MoreThe latest report from rating agency Moody’s revealed that despite ambitions to diversify Gulf economies away from fossil fuels, results have been “limited” and efforts will be limited by falling oil prices. Time is running out for the Gulf economies to end their over-reliance on fossil fuels, as more countries around the world dedicate...
Read MoreMark Lennihan / AP Apple built a data center in China to hold information about its Chinese customers and ceded ownership of the data to a company wholly owned by the government of Guizhou Province. NOTICE: Are human rights universal? The way some large global tech companies behave suggests that some do not view...
Read MoreYalata Anangu School ran a women-only school camp, bringing in elders to help the school with difficult topics around consent and sexual health. Key points: Yalata Anangu School recruited alumni and community leaders to help teach culturally sensitive topics Women covered lessons on consent, healthy relationships and domestic violence Teachers recognized the importance of...
Read MoreInvestors call the Federal Reserve bluff. They are right to do so. At first glance, and with a big dose of relativity, last week’s updated summary of President Jerome Powell’s economic projections and commentary marks a hawkish turn. Officials have signaled that rates could rise in 2023, earlier than previously wired. And at his...
Read MoreThe state of Georgia recently made a statement about Israel, as Governor Brian Kemp announced plans to buy $ 10 million worth of Israeli bonds, bringing the state’s current holdings to $ 25 million. dollars. “I am proud to join efforts across the country in support of our friend and ally, Israel! Kemp said...
Read MoreDomestic equity benchmarks fell for the second straight session on Thursday, reflecting weakness in global markets after the US Federal Reserve surprised investors by signaling faster-than-expected rate hikes. A sharp drop in the rupee – which fell 76 paise against the dollar – also sapped risk appetite, traders said. The Sensex finished 178.65 points...
Read MoreThe herald Business journalist Zimbabwe plans to raise $ 30 billion through the issuance of treasury bills and bonds to finance its 2021 budget deficit, according to the government’s debt plan. Treasury bills and treasury bills are all fixed income securities issued by the government that are considered safe and secure. Treasury bonds have...
Read MoreSYDNEY, June 16 (Reuters) – The Australian and New Zealand dollars were on the defensive on Wednesday in case a Federal Reserve policy meeting even produces a whisper of reduced stimulus measures, which could also threaten the recent rally obligations. The Aussie stabilized at $ 0.7693, after slipping as low as $ 0.7675 overnight....
Read MoreCorporate governance reforms completed, subject to shareholder approval BRUSSELS, June 15, 2021 / PRNewswire / – Euroclear is pleased to announce the appointment of Francesco Vanni of Archirafi as Chairman of the Boards of Directors of the Euroclear Group, subject to shareholder approval at the the general meeting of shareholders of the company on...
Read MoreIn Global Week Ahead, the Fed meeting on Wednesday should be the focal point. Their money printing supports the US stock market more than any other factor. However, the earnings fundamentals of US large cap stocks are quite good. According to Sheraz Mian, Zacks’ research director, the United States has strong profit growth underway...
Read MoreThe Reserve Bank of India (RBI), which currently holds record foreign exchange reserves of over $ 600 billion, is exploring the possibility of investing in top-rated foreign corporate bonds to generate higher returns, said two people familiar with the matter. Approval of the plan will mark a departure from the RBI’s current strategy of...
Read MoreCentral Bank of Kenya building on Haile Selasie Road, Nairobi. One of the first miracles former President Mwai Kibaki performed when he came to power in 2003 was to turn well-prepared bankers into hawkers. They have been seen pitching tents along the dusty streets of Nairobi, peddling loans to a languid...
Read MoreGlobal Forex Market Volatility in global markets has been sucked in, leaving major currencies in a limited range as investors stepped aside ahead of Thursday’s development – May US CPI print and Central Bank monetary meeting European Union (ECB). Post-event risk seemed to add new direction to the currency market. Investors saw the U.S....
Read MoreBy Stephen Nellis (Reuters) – Apple Inc said on Friday it had tightened some of its rules for responding to legal demands after the U.S. Department of Justice subpoenaed it during Donald Trump’s presidency for information on Democratic lawmakers. Apple said it recently instituted a limit of 25 identifiers such as email addresses or...
Read More1 / FÉD-FLATION GROUNDS Markets will listen intently to what the Federal Reserve has to say about inflation at the end of their two-day meeting on Wednesday, amid fears that billions of dollars in fiscal stimulus could fuel higher consumer prices. After years of very low inflation, a range of measures, including the Fed’s...
Read MoreISLAMABAD: Despite a myriad of challenges, the economy has gradually embarked on a path of more inclusive and sustainable growth thanks to multiple measures and achievements during the current fiscal year, with a rate of 3.94 %, according to Pakistan Economic Survey 2020-21 revealed by the Minister of Finance, Shaukat Tarin. “Pakistan’s economy rebounded...
Read MoreStrong 10-Year Auction Boosts Friendship Trend Bonds were introduced into the national session with surprisingly rapid gains amid a relative lack of justification. We talked about this more in the AM commentary. The key event since then has been much easier to identify. Yields clearly rose ahead of the 1pm 10-year Treasury auction, and...
Read MoreIndian companies should use current yields which are at multi-lowest of the year for raising long-term funds, according to the country’s largest rupee bond arranger since 2007. “The market levels are absolutely fantastic, the absolute returns are quite low at multi-the lows of the year, the spreads are quite tight, ”said Neeraj Gambhir, president...
Read MoreStocks hovered between small gains and losses at the start of trading on Wall Street on Tuesday as investors continue to seek direction as the economy recovers from its pandemic slump. The S&P 500 was little changed at 10:12 a.m. EST. The Dow Jones Industrial Average fell 51 points, or 0.2%, to 34,579 and...
Read MoreThe humiliation of ExxonMobil by activist investors who elected outside directors to the board to accelerate the oil company’s response to climate change took activism to unexpected new heights last month. Institutional investors around the world have stepped up efforts to manage their portfolios, with an increasing focus on transitioning to net greenhouse gas...
Read MoreRising consumer prices in the United States as the economy began to reopen this spring – they rose 4.2% in the 12 months ending in April – prompted many historical comparisons to the bad ones. old inflationary days of the 1970s. If we are going to make historical comparisons, why stop at the 1970s?...
Read MoreAs policymakers in the developing world grapple with the persistent spread of the coronavirus, they also face the economic threat of inflation – and not just at home. Accelerating price growth in major economies, particularly the United States, is fueling investor expectations for rate hikes. This raises bond yields, making it more expensive for...
Read MoreNinety-one Duane Cable finds more value in quality stocks than it has in over a decade. Cable, who is the South African quality manager of Ninety One, expressed this view at the BCI Global Investment Conference. Cable co-manages R17 billion Ninety-one prudently managed funds together with Sumesh Chetty. INITIATEDGOLD Subscribe for full access to...
Read MoreBy Eva Mathews and Stephen Nellis (Reuters) -Broadcom Inc is forecasting current quarter revenue above Wall Street expectations on Thursday, as the semiconductor company is expected to benefit from the growing adoption of 5G technology. As the global rollout of 5G accelerates, strong demand for more expensive chips used in smartphones will benefit Broadcom,...
Read MoreIf the problems within bad debt managers were confined to them, Beijing might have been able to resolve them more easily. They are not, indeed, they reflect a much larger problem of bad loans and excessive debt within China’s corporate sectors and local government, a problem exacerbated by the pandemic. China’s overall debt level...
Read MoreOman may be backing off an austerity plan to straighten its fragile finances in the face of unemployment protests, but investors are loosening the new Gulf state ruler a bit for now. Sultan Haitham, who ascended to the throne in January 2020, pledged last week on the third day of rare protests in several...
Read MoreTHE BUREAU of the Treasury fully allocated the 25-year reissued bonds on Tuesday. – NB FILE PHOTO The GOVERNMENT has granted a full allotment of the reissued Treasury Bonds (T-bonds) he offst Tuesday because the rate sought for the tenor was generally consistent with returns on the secondary market. The Treasury Office (BTr) raised...
Read MoreBloomberg This time it’s different: apart from OPEC +, oil growth is stalling (Bloomberg) – “This time is different” perhaps the most dangerous words in business: billions of dollars have been lost betting history won’t repeat itself. And yet, now in the oil world, it looks like it really will. For the first time...
Read MoreNick Hockley, who had served as Cricket Australia’s interim managing director for almost a year, was officially appointed to the post today. Hockley, who has held the post since the departure of his predecessor Kevin Roberts in June 2020, received unanimous approval from the CA Board of Directors after a recruitment search in which...
Read MoreOver the past few years, we have witnessed disruptive trends in the investment community: access to financial products is now more inclusive, innovation comes first, and awareness of the importance of investing is at an all time high. . It is the era of the democratization of finance. This democratization had two subsequent consequences:...
Read MoreMuscat: Oman Arab Bank SAOG (OAB) has successfully issued an additional $ 250 million in Tier 1 perpetual bonds, listed on the International Securities Market (ISM) of the London Stock Exchange. This makes OAB the first local bank to do so this year, ensuring a positive impact on its shareholders and on the national...
Read MoreThere was a saying in Chicago’s bond pits – back in the days when there was a physical trading floor populated with living, breathing traders – that bonds were the crop that never failed. While this was originally a WWII advertising slogan for American war bonds, its more contemporary meaning was that Washington could...
Read MoreThe issue price of the Sovereign Gold Bond Scheme 2021-22, which will be open for subscription for five days from May 31, was set at Rs 4,889 per gram of gold, the Reserve Bank of India announced on Friday ( RBI). The Sovereign Gold Bond Scheme 2021-22- Series-III or the third tranche will be...
Read MoreThis photo shows the Bank of Japan headquarters building in Tokyo. (Mainichi) TOKYO (Kyodo) – Total assets held by the Bank of Japan increased to 714.56 trillion yen ($ 6.5 trillion) in fiscal 2020, according to central bank data on Thursday, quadrupling in eight years under Governor Haruhiko Kuroda’s aggressive monetary easing and growing...
Read MoreWednesday was a calm day for the markets, and Thursday should be the same in what could be a foretaste of slump for the coming summer. But that doesn’t mean investors need to kick back and relax in the sun just yet, as major risks remain for stocks. If a bear market is indeed...
Read MoreSuccessful issue of a € 300 million 10-year bond issue bearing interest at 1,000% Wendel has successfully placed a bond loan of 300 million euros maturing in June 2031 and bearing interest at 1000%. The issue was very well received by investors and was oversubscribed approximately 3 times. The bonds were mainly placed with...
Read MoreHomes are selling at a rapid rate across much of the United States due to a market imbalance, many say the Fed has stepped up. Source: DreamPictures / Photodisc via Getty Images Aaron Layman has never seen a more competitive housing market. Layman, a real estate broker and housing analyst based in Denton County,...
Read MoreAggravated Assault – Charlie A. Davis, 25, Haynes Street, McKenzie was charged with two counts of aggravated assault and false imprisonment after a domestic incident on May 22 in Florida court. Constable Mark Boaz filed a report indicating that Davis forced a female companion into his car to drive to her parents’ house in...
Read MoreBloomberg China’s first global commodity boom warning sign flashes (Bloomberg) – One of the mainstays of this year’s meteoric commodities rally – Chinese demand – could be faltering. Beijing has succeeded in its economic recovery from the pandemic largely thanks to an expansion in credit and a boom in construction aided by the state...
Read MoreAccording to Fitch, he expects key credit metrics in these markets to remain resilient over the next 12-24 months, due to revised assumptions about the ongoing economic fallout from the coronavirus pandemic and its impact on the credit quality of insurers. At the same time, the number of ratings with a negative outlook attributed...
Read MoreBloomberg Race to avert disaster at China’s biggest ‘bad bank’ (Bloomberg) – It was past 9 p.m. on Financial Street in Beijing when the character inside the Huarong Tower took an ink brush and, with trained strokes, began to put characters on paper. Another grueling day of work was drawing to a close for...
Read MoreRATE of treasury bills (treasury bills) on offum Monday will likely move to the side and follow US yields despite the lack of new leads. The Treasury Office (BTr) plans to raise 25 billion pesos on Monday via its offer of treasury bills (Treasury bills), broken down into 5 billion pesos from 91-day securities,...
Read MorePT Garuda Indonesia must completely restructure its business, potentially reducing the number of planes it operates to less than half of its main fleet as it seeks to survive the crisis brought on by the pandemic, its president has told staff this week. “We have to go through a complete restructuring, a total restructuring,”...
Read MoreLast week, a foreign media report on China Huarong Asset Management Co. Ltd. caused further declines in its links. This likely revealed the superficial understanding of some foreign investors of a situation in China that financial reform is complex, and that such reform and appropriate liquidity Huarong offshore debt can coexist for a long...
Read MoreNepal extends ban on international flights 13.05.2021 – 17:32 UTC Nepal extended its ban on most international flights until midnight on May 31, 2021, to prevent the spread of new variants of COVID-19 in the country, according to an urgent notice issued by the Civil Aviation Authority from Nepal (CAAN). Only two flights per...
Read MoreIn 2017, UBS became the first international wealth manager to establish a presence in the Qianhai Free Trade Zone, with the aim of strengthening financial cooperation between Shenzhen and Hong Kong. Evelyn Cheng | CNBC BEIJING – Foreign investors and financial institutions are still eager to invest in China despite geopolitical tensions – and...
Read MoreRussia took advantage of the easing of tensions between Moscow and Washington to raise 1.5 billion euros from investors during its first sale of international bonds of the year on Thursday. Russia’s finance ministry has received € 2 billion in orders for six- and 15-year euro-denominated bonds in a sale that comes just a...
Read MoreVSontacts Media Contact Investor Relations Amsterdam +31 20 721 4133 Brussels +32 2 620 15 50 +33 1 70 48 24 27 Dublin +353 1 617 4249 Lisbon +351 210 600 614 Milan +39 02 72 42 62 12 Oslo +47 22 34 19 15 Paris +33 1 70 48 24 45 Euronext successfully...
Read MoreEnter Wall Street with StreetInsider Premium. Claim your 1-week free trial here. DO NOT RELEASE, PUBLICATION OR DISTRIBUTION IN ANY JURISDICTION IN WHICH IT WOULD BE ILLEGAL TO DO SO Pratteln, switzerland, May 7, 2021 – Announcement of Santhera Pharmaceuticals (SIX: SANN)s this trade in his CHF 30,270,375 Senior unsecured convertible bonds due 2024...
Read MoreBloomberg Honest Co. actress Jessica Alba files for $ 439 million IPO (Bloomberg) – The Honest Co. and its shareholders are seeking up to $ 439 million in an initial U.S. public offering that could give co-founder Jessica Alba a stake valued at around $ 96 million. Personal will offer 6.5 million shares, while...
Read MoreA favorable borrowing environment and strong investor demand are causing a resurgence of the “maple” bond market, as major banks and foreign corporations rush to issue bonds denominated in Canadian dollars to domestic institutions. In the first three and a half months of 2021 alone, $ 8.6 billion in maple bonds were issued by...
Read MoreThe wholly-owned indigenous pharmaceutical manufacturing group, Emzor Pharmaceutical Industries Limited, has listed its 5-year N13.7 billion Series 1 bonds exclusively on the “NGX” platform of the Nigerian Stock Exchange. Information contained in a declaration published on NGX’s website revealed that the N13.7 billion Series 1 5-year unsecured senior fixed rate bond, due by 2026,...
Read MoreText size Jason Bennee / Dreamstime Overshadowed by the wild swings in Bitcoin and other cryptocurrencies, the original counterpoint to paper money – gold – has quietly seen an ascent this month. Even more than the metal, gold miners’ stocks rebounded and gained relative strength against the broader stock market. Gold mining stocks tend...
Read MoreA national structural reform program building on existing economic reforms will soon be announced by the government. The new program aims to create a stronger and more resilient economy capable of withstanding internal and external shocks, Fakhri Al-Fiqi, head of the House of Representatives’ budget and planning committee, told Al-Ahram Weekly. . The new...
Read MoreMANILA, Philippines – Government bonds are likely to remain attractive to investors as rising inflation and bleak economic prospects put them on the safe side, although riskier assets and stocks may be worth investing in. examined, in particular with the central bank which is committed to keeping rates low for the time being. ....
Read MoreTOKYO, April 22 (Reuters) – Dai-ichi Life and Sumitomo Life plan to increase their investments in domestic bonds in the current fiscal year through March, officials said on Thursday. Here is a summary of the portfolio investment plans of three Japanese life insurance companies, closely watched due to their impact on global bond markets....
Read MoreGhana had the right timing entering the market during a period of high liquidity On March 30, 2021, the Government of Ghana announced the successful issuance of a $ 3.025 billion Eurobond to international investors in four different tranches, which has been oversubscribed. The tranches include 4-year, 7-year, 12-year and 20-year bonds at coupon...
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