Indian shares rose on Tuesday, lifted by gains in bank shares after steel conglomerate JSW Steel completed an insolvency process, allowing lenders to recover some of their bad loans. The bluechip NSE Nifty 50 index rose 1.7 to 14,757.50 and the benchmark SP BSE Sensex gained 1.6 at 49,792.04, by 0503 GMT. JSW Steel said […]

The dollar climbed to a oneyear high against the yen on Tuesday amid a spike in Treasury yields, as accelerating vaccinations and massive stimulus in the U.S. stoked inflation concerns. The safehaven greenback also found support as investors worried about the potential fallout from the collapse of a hedge fund, identified as Archegos Capital, although […]

SYDNEY, March 30 Reuters The Australian and New Zealand dollars were slightly higher on Tuesday, as risk appetite in Asia recovered after Wall Street pared losses sparked by a hedge fund default that hit investment banks. The New Zealand dollar was 0.14 higher at 0.7011 as investors also positioned for monthend, strategists said. The kiwi […]

TOKYO, March 30 Reuters Japanese shares fell on Tuesday, dragged down by stocks that went exdividend and financial shares, although the losses were capped by investor appetite for scooping up discounted stocks. Nikkei share average slipped 0.25 to 29,312.72 by 0153 GMT, while the broader Topix lost 1.27 to 1,967.99. The market fell due to […]

Chinese government bonds are in a sweet spot after last years selloff and now offer higher yields and much lower volatility compared to U.S. Treasurys, a portfolio manager said. The yield on Chinas 10year government bond climbed nearly 1 percentage point last year to a high of around 3.4 in November as the country was […]

TOKYO, March 29 Reuters Japanese shares rose on Monday, lifted by optimism around corporate earnings and U.S. economic recovery, while Nomura Holdings fell the most in a decade after it flagged a potential 2 billion loss. The Nikkei share average advanced 0.81 to 29,412.24 by 0144 GMT, while the broader Topix rose 0.49 to 1,993.93. […]

Gold futures on Monday were trading lower, under pressure despite a decline in U.S. stocks and as the the dollar remained firm to start a holidayshortened week. A stronger U.S. dollar index recently remains a negative element for the metals markets, wrote Jim Wyckoff, senior analyst at Kitco.com. Gold for April delivery was off 10.30, or […]

Reuters British online car seller Cazoo Holdings Limited said on Monday it has agreed to go public in New York through a merger with AJAX I Acquisition Corp, a blankcheck acquisition company led by billionaire U.S. investor Dan Och. The deal with AJAX I, a special purpose acquisition company SPAC listed on the New York […]

LONDON, March 29 Reuters Euro zone government bond yields steadied in early Monday trading while the German debt took a breather after notching up its best weekly performance in 312 months as rising COVID19 cases sent investors scurrying back to safehaven assets. Core euro zone bond yields have fallen in recent weeks as a resurgence […]

World shares held up on Monday as optimism about the economic recovery and hopes that the Suez Canal could be reopened soon offset uncertainty related to the default of a U.S. hedge fund. Investors were on edge about who had been caught out in the default of the fund, named by sources as Archegos Capital, […]