Aug 26 (Reuters) – Sri Lankan shares ended lower for a second straight session on Wednesday, with financial stocks accounting for nearly half of the session’s losses. ** The benchmark CSE All Share Index closed 0.51% lower at 5,335.66. **
Opportunity for Asean in supply chain shifts due to trade war, virus: Tharman
The Covid-19 crisis and the US-China trade conflict present an opportunity for Asean to emerge as a growing market of end demand and a resilient base of production, Senior Minister Tharman Shanmugaratnam said yesterday. “Fundamentally, we have now the opportunity
EMERGING MARKETS-Rupee retreats, Asian stocks up on trade cheer
* Graphic: World FX rates tmsnrt.rs/2egbfVh * Graphic: Foreign flows into Asian stocks tmsnrt.rs/3f2vwbA * Singapore, S. Korea shares up more than 1% * Indonesia Finmin says economic recovery “very fragile” By Shriya Ramakrishnan Aug 25 (Reuters) – India’s rupee
CEE MARKETS-Forint hits one-month low before Hungary rate meeting, shares firm on vaccine hopes
By Anita Komuves BUDAPEST, Aug 25 (Reuters) – The Hungarian forint weakened to a one-month low on Tuesday ahead of the central bank’s meeting where analysts expect no rate change but markets will be closely watching the bank’s comments on
Bank of Canada seeks public input for first time on 2% inflation target
OTTAWA, Aug 24 (Reuters) – The Bank of Canada is asking Canadians for the first time to provide feedback on the inflation targeting framework it uses to set monetary policy, the central bank said on Monday. The bank has tried
UPDATE 1-Brazil testing lower bound on rates but care needed -Campos Neto
(Adds detail, quote) By Jamie McGeever and Marcela Ayres BRASILIA, Aug 24 (Reuters) – Brazil is testing the lower-bound limit on interest rates, but great care is needed if that level is to be crossed given the potential negative effects
UPDATE 2-Coronavirus treatment optimism ends Bund rally
* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Updates prices, adds ECB bond buying data) By Yoruk Bahceli AMSTERDAM, Aug 24 (Reuters) – Safe-haven German bond yields edged up on Monday after their longest declining streak since January as hopes
UPDATE 1-Coronavirus treatment optimism ends Bund rally
* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Adds details, comment, updates prices) By Yoruk Bahceli AMSTERDAM, Aug 24 (Reuters) – Safe-haven German bond yields rose on Monday after their longest decline this year as hopes for a coronavirus treatment
UPDATE 3-Rouble falls sharply as Moscow says ready to help Belarus if asked
* Rouble falls amid geopolitical concerns * Rouble hits 75.01 vs dollar, weakest since early May * Rouble hits 88.30 vs euro, weakest since March 30 * Sberbank shares helped by bank’s dividend plan (Adds Belarusian rouble, updates figures) By
UPDATE 1-Lebanon can only subsidise basic goods for 3 more months -source
(Adds context on financial crisis) BEIRUT, Aug 20 (Reuters) – Lebanon’s central bank will only subsidise fuel, wheat and medicine for three more months, an official source said on Thursday, as critically low foreign currency reserves dwindle. A central bank