News & Analytic Centre

A gradual recovery in EU refiner profitability is the scenario we envisage amid continued travel restrictions, with further refining-capacity reductions and vaccine rollouts the key determinants.

LONDON, April 9 Reuters Fund manager Ashmore Group has bought Brazilian and Chinese local currency bonds as it remains focused on broader emerging market local debt, betting on strong performance during 2021. Brazilian markets have had a tough start to 2021, with local currency bonds selling off by around 170 basis points and the real […]

JAKARTA, April 9 Reuters Indonesias central bank considers the rupiah exchange rate to be stable despite recent depreciation triggered by rising U.S. Treasury yields, Governor Perry Warjiyo said on Friday. We have stabilised our exchange rate. Praise be to God that if we compare with other countries, although we are seeing a depreciation of 3 […]

MELBOURNE Reuters Rio Tinto Ltd said on Friday it has reached a binding agreement with Turquoise Hill Resources Ltd over funding for expansion of the massive Oyu Tolgoi coppergold mine in Mongolia. Rio and Turquoise Hill will restructure debt payments of up to 1.4 billion with lenders and look to raise up to 500 million […]

Rates as of 0500 GMT Market Recap Another day, another leg lower for GBP. Selling sterling seems to be the markets main occupation nowadays. Once again the selling of sterling may have been connected to buying of euros, which gained for the fourth day to recover the 1.19 level, last seen in the morning when […]

S&P Global Clean Energy index upheaval may herald shifts for ICLN and INRG, two big iShares ETFs, but also drive renewed interest in the sector as the eligible stock pool expands and policies extend support.