Japanese shares closed higher on Monday, as strong U.S. jobs data lifted optimism about a recovery in the worlds largest economy, prompting investors to buy index heavyweights SoftBank Group and Fast Retailing along with chiprelated stocks. The Nikkei share average ended 0.82 higher at 30,089.25, hitting the 30,000mark for the first time in more than […]

TOKYO, April 5 Reuters Yields on Japanese government bonds were flat on Monday as investors held their bets until they could confirm the direction of the U.S. Treasury yields after strongerthanexpected U.S. job data was released on Friday. The 10year JGB yield was unchanged at 0.115, while the 20year JGB yield was also flat at […]

The dollar was largely steady on Monday as investors soaked up last weeks strong U.S. employment report and looked ahead to data on the U.S. services sector for affirmation of a solid economic rebound from the coronavirus shock. The greenback posted its best quarter against major currencies in almost three years in JanuaryMarch thanks to […]

TOKYO, April 2 Reuters Japanese shares closed higher on Friday, with the Nikkei hitting a twoweek high, due to hopes of earnings recovery and gains in semiconductorrelated shares as they look to raise their outputs to deal with a global shortage of chips. The Nikkei share average ended 1.58 higher at 29,854.00. The broader Topix […]

BEIRUT, April 2 Reuters Lebanon will run out of money to fund basic imports by the end of May and delays in launching a plan to reduce subsidies are costing 500 million a month, the caretaker finance minister, Ghazi Wazni, said. As Lebanons economy crumbles, the central bank has asked the caretaker cabinet to decide […]

TOKYO, April 2 Reuters Japanese life insurers are considering buying foreign bonds again after a record selling spree, as U.S. Treasuries yields have bounced back close to their comfort levels. Executives at Japans top four insurers, which manage more than 1.6 trillion in assets, told Reuters U.S. bonds are becoming attractive at yields near 2. […]

SHANGHAI, April 2 Reuters U.S. private equity giant Warburg Pincus has applied to set up a securities joint venture in China, regulatory filings showed on Friday. Warburg Pincus submitted an application for a brokerage joint venture on Friday, the China Securities Regulatory Commission CSRC said on its website. No information was given on an intended […]

Rates as of 0500 GMT Market Recap Proof that good news for the US economy is not necessarily good news for the dollar the closely watched US Institute of Supply Management ISM manufacturing purchasing managers index PMI blew out estimates, rising to 64.7 from an alreadyhigh 60.8. This was the highest since 69.9 in December […]

The dollar steadied on Friday ahead of data from the United States that is expected to show an increase in job creation and a lower unemployment rate for March, as the the worlds largest economy maintains a steady recovery from the pandemic. Sentiment for the dollar has improved in recent weeks, while Treasury yields have […]

The Shanghai Stock Exchange SSE said on Friday it is tightening scrutiny over corporate bond issuance, and has punished a brokerage for lax duediligence in bond underwriting. The move comes after Chinese exchanges strengthened inspections on initial public offerings IPOs, as regulators seek to limit financial risks while promoting growth of Chinas capital markets. China […]