Analysis: Interest Rates

Merkel open to bigger EU budget, bonds to finance post-crisis recovery

German Chancellor Angela Merkel signalled readiness on Monday to finance economic recovery in Europe from the coronavirus pandemic through a bigger European Union budget and the issuance of joint debt...

S.Africa economy to shrink 4.9% in 2020, SARB to cut rates in May

South Africa's economy will contract sharply this year as activity is hit by the coronavirus outbreak, despite expectations the central bank will cut interest rates again in May, a Reuters poll found...

Mind the gap: Rising Italy yield premia put bond markets back on ECB watch

Bond markets are again testing the ECB's resolve to contain a rise in Italian borrowing costs, betting the central bank will have no choice but to unleash greater and more frequent bond-buying to...

World Bank's Malpass says U.S. subscribed to IBRD capital increase

World Bank President David Malpass on Thursday said the bank's main lending arm for middle-income countries has received nearly $9.8 billion in subscribed capital from the United States that will help...

Global stocks gain on stay-at-home profits, bond yields slide

World stock markets edged higher on Thursday on surging shares of Netflix and Amazon.com as investors anticipated big earnings from the coronavirus-induced slowdowns keeping people at home, while bond...

World stocks gain on stay-at-home profits, bond yields slide

World stock markets edged higher on Thursday on surging shares of Netflix and Amazon.com as investors anticipated big earnings from the coronavirus-induced slowdowns keeping people at home, while bond...

Investors seek safety in dollar after bleak U.S. data

Investors fled riskier assets for safe-havens like the American dollar on Wednesday after U.S. data underlined fears that damage to the global economy from the coronavirus outbreak will be deep and...

Tunisia tourism could lose $1.4 bln, govt seeks loan guarantee to issue bonds

Tunisia's vital tourism sector could lose $1.4 billion and 400,000 jobs this year due to the new coronavirus pandemic, an official document showed, as the country seeks a loan guarantee from bilateral...

Airbnb secures new $1 billion loan on top of $1 billion bond deal

Airbnb, whose home rental business is suffering as the coronavirus pandemic freezes global travel, has secured a new $1 billion loan just days after closing a $1 billion debt deal, the company said...

Malaysia's Petronas raises $6 billion in first bond offering in five years

Malaysia's Petronas said on Wednesday it raised $6 billion in a multi-tranche senior bond offering, the state oil company's first such sale in five years.

South Africa rules out IMF programme as central bank cuts rates

South Africa's Finance Minister Tito Mboweni ruled out an International Monetary Fund structural adjustment programme on Tuesday but said the COVID-19 pandemic would cause a deep recession and stretch...

EU could finance 1.5 trillion euro recovery fund with bonds - Dombrovskis

The European Union could finance a recovery fund worth up to 1.5 trillion euros with bonds guaranteed by member states, European Commission Vice President Valdis Dombrovskis told German newspaper...

Chinese food deliverer Meituan: Most of our commission rates are in 10%-20% range

Chinese food delivery company Meituan Dianping said on Monday that the commission rates on more than 80% of the food vendors on its platform are in the range of between 10% to 20%....

South Korea central bank holds rates but leaves door open for future cuts

South Korea's central bank held its policy interest rate at a record low on Thursday but signaled strong appetite for further cuts and unconventional policy to combat the economic hit from the...

All for one and one for all? Euro zone will for joint bonds tested

Step-by-step, the coronavirus crisis is forcing the euro zone into greater integration. But like the euro zone debt crisis before, it may not deliver what bond markets really crave.

S.Africa's rand rallies with riskier assets on signs of slower coronavirus infection rates

South Africa's rand firmed by more than 3% on Tuesday, in line with a broad rally in emerging market currencies and other riskier assets on hopes that steps to contain the coronavirus pandemic were...

Coronavirus muddies U.S. economic data as business closures push down response rates

A near total closure of U.S. businesses as authorities try to control the spread of the novel coronavirus could make U.S. economic data unreliable in the coming months and harder to get a clearer...

Coronavirus turmoil spurs UK bond fund outflows - Calastone

UK-based bond funds saw outflows of 3.7 billion pounds in March as the coronavirus pandemic spurred a rush to cash, data from the fund transaction network Calastone showed....

Bank of Nova Scotia : Canada's Big Six banks cut credit card interest rates to ease coronavirus impact

Canada's Big Six banks all said they will reduce interest rates on credit cards to provide relief to customers affected by COVID-19 pandemic.