Chinese video platform Bilibili will raise around 2.6 billion in its upcoming Hong Kong listing. The Nasdaqlisted technology company said on Tuesday that it will price the 25 million shares it will issue at 808 Hong Kong dollars each. That translates to around 104.06 per American depositary share ADS, Bilibili said. Gross proceeds from the […]

Gold futures were headed higher Wednesday, supported by some safehaven buying, amid developments in Europe that suggest a longer lockdown period due to a renewed spread of COVID19. Gold for April delivery was rising 6.50, or 0.4, to trade at 1,731.70 an ounce, after shedding 0.8 and posting the lowest settlement for a mostactive contract since […]

Rates as of 0500 GMT Market Recap A fairly typical riskoff day, with the commodity currencies losing ground and JPY USD gaining. The anomalies were CHF, which performed poorly, and to some extent EUR, which didnt fall as much as it might have vs the stronger dollar. The decline of NZD and AUD that began […]

Worsening liquidity is making it harder for U.S. bond traders to fix price anomalies, raising the risk of a spike in yields.

According to Bloomberg’s Climate Transition Scores European oil companies, including Total, Galp, Equinor, BP and Royal Dutch Shell lead a group of the 39 most publicly-traded oil and gas companies in preparedness for a low-carbon world. The Climate Transition Scores represent the average of two underlying scores, proprietary to Bloomberg’s two research teams: the Carbon […]

Copper prices declined on Wednesday as concerns over coronavirus lockdowns in Europe pushed up demand for the dollar and dented the global economic recovery progress. Copper, used widely in construction, manufacturing and power, is often used as a gauge of global economic health. The U.S. dollar approached a fourmonth high on Wednesday, making greenbackpriced metals […]

The safehaven U.S. dollar approached a fourmonth high on Wednesday as concerns over a third COVID19 wave in Europe, potential U.S. tax hikes and escalating tensions between the West and China sapped risk appetite. The yen also strengthened and U.S. Treasuries were bid while Wall Street stocks and crude oil tumbled as investors weighed the […]

Indian shares fell on Wednesday, dragged down by financial companies and weakness in global stocks, as worries over the economic impact from a continued surge in domestic coronavirus cases weighed on sentiment. The bluechip NSE Nifty 50 index fell 1.2 to 14,638 and the benchmark SP BSE Sensex dropped 1.1 to 49,7508, as of 0510 […]

TOKYO, March 24 Reuters Japans Nikkei share average fell on Wednesday for the fourth consecutive session as renewed concerns about the return of coronavirus lockdowns in Europe and declining oil prices dented hopes of an acceleration in the global economy. The Nikkei 225 Index ended down 2.04 at 28,405.52. The broader Topix fell 2.18 to […]

TOKYO, March 24 Reuters Japanese government bond futures and prices on cash bonds rose on Wednesday as concerns over restrictions on economic activity in France and Germany increased the appeal of holding safeharbour assets. Investors shifted money out of equities and into bonds as risk appetite was dampened. An auction of sixmonth bills earlier on […]