Analysis: Interest Rates

Country Garden seeks shareholder approval on $13 billion convertible bonds issue

Country Garden Holdings said on Friday it will seek shareholder approval for an offshore debt restructuring proposal aiming to deleverage by around $11 billion, as well as for other loan repayment...

Fed hopes melt, stocks sink

ORLANDO, Florida -Wall Street tumbled and Treasury yields rose on Thursday as expectations of a Federal Reserve interest rate cut next month faded rapidly, while the dollar also fell in a bleak...

China's securities regulatory chief seeks approval to step down, sources say

China's securities watchdog chief, Wu Qing, has sought approval to step down, sources with knowledge of the matter said, in what would be an abrupt and unexpected exit for a regulatory head brought...

Wall Street mixed, shutdown (almost) nixed

ORLANDO, Florida -U.S. tech shares stumbled again but the Dow climbed to a new high on Wednesday as investors geared up for an end to the U.S. government shutdown, while oil prices slumped on reports...

Worsening UK labour market bolsters Bank of England rate cut bets

LONDON -Britain's labour market cooled noticeably in the third quarter as the unemployment rate jumped and wage growth slowed, according to data on Tuesday that will bolster expectations for a Bank...

A re-open rally

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Just as U.S. households were fretting about the effect on travel and the...

Markets rejoice potential end to US government shutdown

A look at the day ahead in European and global markets from Rae Wee Global markets are set to begin the week with an oomph as investors cheer the prospect of an imminent end to a...

Rupee, bonds to rely on central bank to protect record low, key yield level

MUMBAI -The Indian rupee and government bonds will yet again count on market interventions by the Reserve Bank of India this week, to help keep the currency above its record low and protect the...

Sri Lanka set to regain economic output lost to crisis, Dissanayake says

COLOMBO -Sri Lanka has nearly completed its debt restructuring process and is set to regain the economic output it lost to the 2022 financial crisis, President Anura Kumara Dissanayake said on Friday...

German exports rise more than expected in September on US increase

BERLIN -German exports rose more than expected in September as exports to the United States increased for the first time after five consecutive month-on-month decreases, official data showed on...

Lifting of curbs on bank acquisition financing to aid economy, says RBI chief

MUMBAI -The removal of restrictions on banks for acquisition financing will help the real economy, Reserve Bank of India Governor Sanjay Malhotra said on Friday. Last month, the RBI...

UncertAInty slams risk appetite

ORLANDO, Florida -U.S. stocks, bond yields and the dollar all fell on Thursday, dragged down by renewed fears of an AI bubble and worries over the strength of the U.S. labor market. ...

Selloff abates as economy hums, layoffs rise

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Signs that U.S. economic activity remains brisk helped steady the stocks...

India's SP Group unit eyes January-end completion for 2-year mega bond sale, bankers say

MUMBAI -India's Goswami Infratech, a unit of Shapoorji Pallonji Group , will complete a bond issue to refinance existing borrowings before the end of January, three bankers aware of the matter said...

India's October services growth eases to five-month low on heavy rain, competition, PMI shows

BENGALURU -India's dominant services sector saw its expansion falter to a five-month low in October, as competitive pressures and heavy rains dampened the robust pace of growth seen in recent months,...

Brazil Senate approves income tax break for middle class, new levy on the rich

BRASILIA -Brazil's Senate on Wednesday approved a bill raising income tax exemptions to benefit the middle class while introducing a minimum tax on high earners. The proposal, which now...

US economic resilience lifts spirits

ORLANDO, Florida -U.S. stocks and bond yields rose on Wednesday on surprisingly strong job growth and service sector data, which suggests the economy is in decent shape and calls into question how...

Stocks slide from record highs as caution reigns

A look at the day ahead in European and global markets from Kevin Buckland On another day, tech-driven stock rallies to fresh record highs in Tokyo and Taipei would probably signal a...

China to support renminbi stocks trading counter to increase access to Hong Kong equities

HONG KONG -China will support the inclusion of a renminbi counter under a stock connect scheme that would for the first time allow mainland investors to trade Hong Kong-listed stocks in yuan, the...