April 13 Reuters Chinas imports of major commodities rose strongly in March from the year ago, data from the General Administration of Customs showed on Tuesday, as the worlds secondbiggest economy marched ahead postCOVID19. Chinas overall imports surged 38.1 yearoveryear in March, the fastest pace in four years, while exports also grew at a robust […]

SYDNEY, April 13 Reuters The Australian and New Zealand dollars drifted lower on Tuesday as caution in global markets outweighed upbeat economic news and a solid sale of new Aussie government bonds. The Aussie slipped to 0.7597, as speculators looked to test support around 0.7595. The currency has now spent three weeks rattling around in […]

The U.S. government appears to view active bond mutual funds as too big to fail, due to their importance as retirement vehicles and potential to enter an “illiquidity doom loop.”

The United Arab Emirates leads the Middle East in the pace of adoption of digital technology.

Grant making and charitable contributions to donor-advised funds are rapidly accelerating, reflecting donors’ desires to create solutions to problems in their local and global communities.

LONDON, April 12 Reuters Euro zone government bond yields nudged lower on Monday, holding below recent highs as markets bided their time in a key week for U.S. Treasury markets. U.S. Treasury yields, which have stabilised in the past two weeks after a sharp rise, could get a fresh steer from auctions 96 billion of […]

April 12 Reuters Londons FTSE 100 fell on Monday, dragged lower by heavyweight banking and mining stocks, while shares of shopping centre operator Hammerson gained on plans to shore up its finances. The bluechip index slipped 0.2 after recording its best weekly performance since earlyJanuary on Friday. The wider banks index slid 0.8, with HSBC […]

TOKYO, April 12 Reuters Japanese government bond yields rose on Monday, tracking similar move in Treasuries after higherthanexpected producer prices data for March signalled higher inflation, while demand for domestic bond auctions seen last week capped decline in prices. The 10year JGB yield rose 0.5 basis point to 0.105 and the 20year JGB yield rose […]

STOCKHOLM Reuters Swedish payments firm Trustly said on Monday it intends to list its shares on the Nasdaq Stockholm exchange. In January, Reuters reported that Trustly39;s owner, buyout group Nordic Capital, was in the process of hiring more banks with a view to launching an IPO in late April or early May that could value the […]

LONDON, April 12 Reuters The pound rose on Monday as some UK lockdown measures were eased, recovering some of last weeks losses, but analysts cautioned that the boost to sterling from being ahead in the vaccine race could be shortlived as other countries catch up. Englands shops, pubs, gyms and hairdressers reopened after three months […]