By Yoruk Bahceli (Reuters) -The European Union launched a survey on Wednesday to identify ways to boost the trading and appeal of bonds it sells, the latest effort to get investors to treat the EU as a government borrower. The bloc is surveying market participants to help identify ways to increase liquidity in its bonds…
By Amanda Cooper and Dhara Ranasinghe LONDON (Reuters) – Japan’s negative interest rate policy is likely to be in place for the next year, as the central bank is committed to keeping borrowing costs low to grease the wheels of the economy, Nomura Asset Management told Reuters. The Bank of Japan is the only major…
(Reuters) – U.S. Secretary of State Anthony Blinken is in Saudi Arabia for a much anticipated visit amid frayed ties due to deepening disagreements on everything from Iran policy to regional security issues, oil prices and human rights. The U.S.-Saudi alliance has weathered many storms over the decades, but the relationship remains vital to both:…
(Reuters) – Chindata Group said on Wednesday that investor Bain Capital has offered to take the Chinese data center operator private in a deal valuing the company at $2.93 billion. Chindata’s shares, which have lost more than a fifth of their value this year, rose about 12% in trading before the bell. Bain Capital’s proposal…
By Amy-Jo Crowley and Pablo Mayo Cerqueiro LONDON (Reuters) – Barclays is studying options for its global payments activities as a part of broader review into how it allocates resources, two people familiar with the matter told Reuters. Britain’s third-biggest bank has in recent weeks been sounding out consultants to analyse whether some of the…
By Gaurav Dogra (Reuters) – South Korea and Taiwanese equities experienced a huge influx of foreign investment during May, driven by a surge of interest in artificial intelligence (AI) and the subsequent demand for shares of hardware exporters in the region. Data from stock exchanges in South Korea, Taiwan, India, Indonesia, the Philippines, Thailand and…
By Jason Lange WASHINGTON (Reuters) – U.S. President Joe Biden’s public approval was at 41% in recent days, close to the lowest level of his presidency but little changed following a tense negotiation with congressional Republicans over the federal government’s debt, a Reuters/Ipsos poll showed. The four-day poll, which ended on Monday, showed a marginal…
By Natalie Grover and Eva Mathews (Reuters) -European regulators have approved the region’s first vaccine for respiratory syncytial virus (RSV), which causes thousands of hospitalisations and deaths annually. The shot, called Arexvy, is made by British drugmaker GSK and is designed to protect people aged 60 and over. RSV typically causes cold-like symptoms, but is…
A look at the day ahead in U.S. and global markets from Mike Dolan With U.S. stock market volatility back at pre-pandemic lows, you’d be forgiven for wondering where the market angst had gone. Wall St’s ‘fear index’, the VIX gauge of implied S&P500 equity volatility, closed below 14 on Tuesday for the first time…
By Suban Abdulla LONDON (Reuters) -British house prices dropped on an annual basis in May for the first time in 11 years, mortgage lender Halifax said on Wednesday, as the drag on the housing market from rising interest rates became clearer. The average property price fell 1.0% compared with May last year, the first year-on-year decline since…
