SHANGHAI, Nov 26 Chinese government-backed entities may be stepping in to relieve investor anxiety following a string of high-profile bond defaults, traders and investors say, sending short-term borrowing costs plunging and exchange trading volume surging.
SHANGHAI/SINGAPORE, Nov 24 A spurt of missed debt repayments by three Chinese state-owned firms - a coal miner, a chipmaker and an automobile company - has shaken local markets and heightened speculation that a campaign to wean the economy off heavy credit is back.
SHANGHAI/SINGAPORE A spurt of missed debt repayments by three Chinese state-owned firms - a coal miner, a chipmaker and an automobile company - has shaken local markets and heightened speculation that a campaign to wean the economy off heavy credit is back.
LONDON/SHANGHAI Investors scooped up stocks, commodities and emerging-market currencies and gave the dollar a wide berth as AstraZeneca and Oxford University provided markets with their now-regular Monday shot of encouraging COVID-19 vaccine news. | Video
* EM FX no longer split by U.S. election https://tmsnrt.rs/3lVcw2w
LONDON/SHANGHAI, Nov 23 Shares and oil prices rose on Monday while the dollar fell as investors pinned hopes for economic revival on coronavirus vaccines, even as the world contended with surging case numbers and delays to fresh U.S. stimulus.
SHANGHAI, Nov 23 Asian shares rose on Monday, pushing a broad regional index to a record high as investors pinned their hopes for economic revival on coronavirus vaccines, even as the world contends with surging case numbers and delays to fresh U.S. stimulus.
SHANGHAI Asian shares climbed on Monday, with a broad regional index touching a record high on hopes for imminent coronavirus vaccines, but worries over the impact of economic lockdowns and uncertainty over U.S. stimulus capped gains.
SHANGHAI, Nov 23 A broad gauge of Asian shares edged up to record highs on Monday morning as hopes for imminent coronavirus vaccines buoyed investor sentiment, but worries over the impact of economic lockdowns and uncertainty over U.S. stimulus capped gains.
SHANGHAI Chinese investigations into last week's shock bond default by a state-owned coal miner widened on Wednesday with a regulator threatening to sanction Haitong Securities, one of the country's biggest brokerages, for alleged manipulation.
The Ethiopian military will begin the "final phase" of an offensive in the northern Tigray region, Prime Minister Abiy Ahmed said on Thursday, after an ultimatum expired for Tigrayan forces to surrender.