(The opinions expressed here are those of the author, a columnist for Reuters) ORLANDO, Fla., Aug 20 (Reuters) – Conventional wisdom holds that central banks tapering their bond purchases will push bond yields higher – but recent U.S. and UK
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China approves renewable mega-project for green hydrogen
SINGAPORE (BLOOMBERG) – The Chinese region of Inner Mongolia has approved a massive power project that will use solar and wind to produce green hydrogen. Inner Mongolia’s Energy Administration has given the go ahead to a cluster of plants in
Global supply chains are being battered by fresh Covid surges
HONG KONG (BLOOMBERG) – Asia’s renewed surge in Covid-19 infections is compounding supply-chain blockages across the world’s biggest source of manufactured goods. After weathering earlier pandemic waves better than other regions, the fast-spreading delta variant has thrown into turmoil factories
China factory activity growth slips to 15-month low in July
BEIJING (REUTERS) – China’s factory activity growth slipped sharply in July as demand contracted for the first time in over a year in part on high product prices, a business survey showed on Monday (Aug 2), underscoring challenges facing the
Australia's CPI spikes to highest since 2008 on Covid jolt
(BLOOMBERG) – Australia’s inflation surged last quarter, joining developed-world counterparts in spiking from 2020’s lockdown-induced weakness, though a renewed Covid outbreak is set to damp pressures ahead. Inflation accelerated to 3.8 per cent in the three months through June from
German 10-year yield at 3-month low as bonds retain support
July 16 (Reuters) – Germany’s 10-year yield fell to a new three-month low in quiet trading on Friday as markets sought direction ahead of next week’s European Central Bank meeting. In the absence of major euro area data releases on
World Bank trims growth forecast for East Asia, Pacific excluding China
MANILA (REUTERS) – The East Asia and Pacific region, excluding China, is expected to grow 4 per cent this year, World Bank president David Malpass said on Thursday (July 15), down from a 4.4 per cent forecast in March and
UPDATE 3-Euro zone bond yields down, Powell says way off bond taper
* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Adds Schnabel, quote, updates prices) LONDON, July 14 (Reuters) – Euro zone government bond yields ticked down on Wednesday, with German borrowing costs pulling back from one-week highs as comments from Federal
UPDATE 1-German Bund yield touches one-week high, Fed's Powell eyed
* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Updates price action, adds chart, supply) LONDON, July 14 (Reuters) – Germany’s benchmark 10-year bond yield briefly touched a one-week high on Wednesday, in a sign that a rush into safe-haven debt
Temasek, portfolio companies active in Covid-19 fight in Singapore and abroad
SINGAPORE – Temasek and its portfolio companies have played active roles in keeping communities safe amid the Covid-19 pandemic, both in Singapore and abroad. In its annual review on Tuesday (July 13), the state investor highlighted its undertakings over the