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, […]

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 […]

As investor pressure, regulatory action and shifts in demand push oil and gas companies to reduce greenhouse gas emissions, two distinct camps have emerged, we’ve found.

The euro languished below 1.18 on Monday as the prospect of tougher coronavirus curbs in France and Germany weighed on the shortterm outlook for the European economy. The euro slipped 0.2 in London trading at 1.1774, nearing last weeks fourandahalfmonth trough of 1.1762. On a monthly basis, it is down 2.3, its biggest drop since […]

SYDNEY, March 29 Reuters The Australian and New Zealand dollars extended last weeks losses on Monday as the strength of the U.S. economic recovery and the relative success of its vaccination programme lured traders to the greenback. The Australian dollar dropped 0.27 to 0.7621 after authorities on Monday announced a snap threeday COVID19 lockdown in […]

HONG KONG Reuters Chinese online video site Bilibili Incs shares fell 2.2 at market open to HK790 from the companys secondary listing price when the company started trading in Hong Kong on Monday. The firm raised HK20.2 billion 2.6 billion after pricing shares at HK808 each last week. Hong Kongs Hang Seng Index is down […]

Rates as of 0500 GMT Market Recap Not much movement in the currencies since Friday morning. The standout feature, such as it is, is the further decline in the yen. This seems to be driven by positioning as speculators go increasingly short the currency. The Commitment of Traders report shows that speculators have turned aggressively […]