Reuters Rocket Lab USA is nearing a deal to go public through a merger with a specialpurpose acquisition company Vector Acquisition that would value the smallsatellite launch firm at 4.1 billion, including debt, the Wall Street Journal reported. The deal could be finalized on Monday, the newspaper reported, citing people familiar with the matter. Vector […]

LONDON, March 1 Reuters Benchmark German government bond yields dropped for a second consecutive session on Monday as investor sentiment improved after reflationary bets led bond markets to their biggest monthly selloff in years. The rise in bond yields last month, spurred by U.S. fiscal stimulus hopes and a postpandemic economic rebound that could fuel […]

Shares in Danone rose 1.9 on Monday after the French food group said it was taking a first step toward selling its stake in its Chinese dairy partner Mengniu Dairy Company Limited, and would use the gains to buy back its own shares. We see this as a further positive step in tidying up Danones […]

Rates as of 0500 GMT Market Recap Boy what a day! Ive rarely seen such huge moves in currency rates in a day recently. Its hard to say whether it was riskon or riskoff or what. The dollar, the safest safehaven, soared while the commodity currencies got hammered. In a way it was the opposite […]

LONDON, March 1 Reuters Sterling edged higher against both the euro and the dollar on Monday as a swift coronavirus vaccine roll out supported the pound and fuelled hopes of economic recovery. After retreating from a threeyear high on Friday to fall below 1.39 amid a rout in global bond markets and concerns of inflation […]

The Australian dollar and other riskier currencies recovered some lost ground against the U.S. dollar on Monday, after suffering their biggest plunges in a year at the end of last week amid a hefty selloff in global bond markets. The greenback weakened broadly early in Asia trade, but barely enough to trim its biggest surge […]

TOKYO, March 1 Reuters Japans Topix Index on Monday jumped the most in seven months, as a pause in selloffs in U.S. treasuries boosted the techheavy Nasdaq index and lifted domestic shares of chipmakers. The Topix Index jumped 2.04 to 1,894.94, the largest gain since Aug. 11, 2020, while the the Nikkei share average advanced […]

TOKYO, March 1 Reuters Japanese government bond prices rebounded on Monday, bringing down the benchmark 10year yield off a fiveyear high, as a global bond selloff stemming from fears of tighter monetary policies eased. The 10year JGB yield fell 1 basis point to 0.150, slipping off Fridays high of 0.175, its highest since the Bank […]

MOSCOW, March 1 Reuters The Russian rouble firmed on Monday, pricing in rising oil prices, as the Moscow Exchange opened three hours earlier than previously in a move to capture more Asian investors. At 0651 GMT, the rouble was 0.6 stronger against the dollar at 74.18 and had gained 0.4 to trade at 89.73 versus […]

SYDNEY, March 1 Reuters The Australian and New Zealand dollars recovered against the greenback on Monday after riskier currencies plunged late last week amid a global bond market selloff. The Aussie dollar was 0.69 higher at 0.7759, but still well bellow a threeyear high of 0.8007 hit on Feb. 25. The Kiwi dollar was 0.66 […]