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* China, U.S. July retail sales disappoint * Mexican peso outperforms peers for the week * Aeromexico surges after financing announcement * JBS, Natura top gainers in Brazil * U.S.-China trade talks over the weekend awaited (Updates prices) By Shreyashi Sanyal and Susan Mathew Aug 14 (Reuters) – Mexico’s peso firmed for the fourth straight session on Friday on signs […]
Read moreBy Karen Brettell NEW YORK, Aug 14 (Reuters) – Benchmark U.S. Treasury yields dropped from seven-week highs on Friday but remained relatively elevated, after the Treasury on Thursday completed $112 billion in record coupon-bearing supply that has put pressure on bonds all week. The Treasury saw weak demand for a record $26 billion sale of 30-year bonds on Thursday. It […]
Read more* * Main owner cash injections conditional on debt conversion * Debtholder and shareholder meetings scheduled for September * (Adds company comment, updates shares) STOCKHOLM, Aug 14 (Reuters) – SAS said on Friday its main owners had approved a revised rescue plan after it made changes to a key part of the deal earlier this month to appease holders of […]
Read moreAug 14 (Reuters) – Sri Lankan shares rose for a fourth straight session, closing at more than a five-month high on Friday, helped mainly by gains in industrial stocks. ** The benchmark CSE All Share Index ended 0.50% higher at 5,261.99, its highest closing level since March 10. ** Sri Lanka’s June trade deficit narrowed year on year to $161 […]
Read more* Graphic: Foreign flows into Asian stocks tmsnrt.rs/3f2vwbA * South Korea stocks fall most * Malaysia’s economy contracts 17.1% in Q2Indonesia, Taiwan Indonesia, Taiwan markets edge up on China recovery hopes By Nikhil Nainan Aug 14 (Reuters) – Most of Asia’s stock markets weakened on Friday as a surprise drop in China retail sales dented hopes of a swift recovery […]
Read moreKARACHI, Pakistan, Aug 13 (Reuters) – Pakistan’s foreign exchange reserves decrease $73 million to $12,469.3 million in the week ending August 7, compared to $12,542.2 million in the previous week, central bank said on Thursday. RESERVES Week ending Previous Week Change/pct ($ billions) Aug 7 Held by the State $12,469.3 mln $12,542.2 mln -0.5 Bank of Pakistan Held by $7,049.0 […]
Read more(Adds analyst comment, stock reaction) JERUSALEM, Aug 13 (Reuters) – Bank Hapoalim, Israel’s largest lender, said on Thursday net profit fell sharply in the second quarter as it set aside a large provision to deal with the COVID-19 crisis. The bank reported net profit of 133 million shekels ($39 million) compared with 871 million a year earlier and a forecast […]
Read moreTOKYO, Aug 13 (Reuters) – Japanese government bond prices bounced back on Thursday after the Bank of Japan’s bond buying operation results confirmed limited selling interest after the market’s retreat over the past week or so. The market opened lower in line with falls in U.S. bond prices amid a generally upbeat mood in global financial markets, but it erased […]
Read moreAug 13 (Reuters) – Australia’s largest wealth manager AMP Ltd said on Thursday its first-half profit nearly halved as coronavirus-induced market turmoil led to a plunge in fee income and a higher loan-loss provision at its banking unit Underlying profit from the company’s retained businesses stood at A$149 million($106.62 million), down from A$256 million a year earlier. AMP’s domestic wealth-management […]
Read moreDUBAI/BEIRUT, Aug 12 (Reuters) – Offshore companies linked to Lebanon’s central bank governor own assets worth nearly $100 million, a media group said in a report, as his role in Lebanon’s economic turmoil is under intense scrutiny. The companies tied to Riad Salameh invested in real estate in Britain, Germany and Belgium over the past decade according to a report […]
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