Article content MUMBAI — Indian government bond yields ended higher for a fifth consecutive session on Tuesday, as investors brace for an aggressive interest rate hike by the U.S. Federal Reserve. The benchmark Indian 10-year government bond yield ended at 7.2941%, highest since Aug. 10, after closing at 7.2769% on Monday. The yield has risen […]
Article content Saudi Arabia’s crude oil exports in July rose to 7.38 million barrels per day from 7.20 million bpd in Article content June, the International Energy Forum (IEF) said on Monday, citing data from the Joint Organizations Data Initiative (JODI). (Reporting by Arundhati Sarkar in Bengaluru; Editing by Toby Chopra)
Article content LONDON — Oil fell by more than 1.5% on Monday, pressured by expectations of weaker global demand and by U.S. dollar strength ahead of possible large increases to interest rates, though supply worries limited the decline. Central banks around the world are certain to increase borrowing costs this week and there is some […]
Article content Bitcoin on Sunday dropped 1.54% to $19,804, slipping from the 20,000 mark after losing $310 from its previous close. The world’s biggest and best-known cryptocurrency is down 58.9% from the year’s high of $48,234 on March 28. Article content Ether, the coin linked to the ethereum blockchain network, dropped 3.2 % to $1,422.1 […]
Article content TAIPEI — A 6.8 magnitude earthquake hit the sparsely populated southeastern part of Taiwan on Sunday, the island’s weather bureau said, derailing train carriages, causing a convenience store to collapse and trapping hundreds on mountain roads. The weather bureau said the epicenter was in Taitung county, and followed a 6.4 magnitude temblor on […]
Article content TAIPEI — Buildings shook briefly again in Taipei on Sunday as another earthquake rattled the island, as Article content Taiwan continues to face aftershocks from a major 6.8 magnitude quake earlier in the day, and another one on Saturday night. (Reporting by Ben Blanchard; Editing by William Mallard)
Article content Executives behind a blank-check company Digital World Acquisition Corp that plans to take Donald Trump’s media business public have failed to pay their proxy solicitors, The Financial Times reported on Saturday. https://on.ft.com/3BpVjal Digital World Acquisition Corp, set up by Patrick Orlando, has not paid Saratoga Proxy Consulting for its work helping to rally […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Jeevan Ravindran Publishing date: Sep 17, 2022 • 32 minutes ago • 3 minute read • Join the conversation Article content MULLAITIVU — Under a blazing sun, a 44-year-old Tamil laborer tended his rented patch of peanut field in Sri Lanka, striking his spade against the […]
Breadcrumb Trail Links PMN Business Author of the article: Article content BEIJING — China’s fiscal revenue growth speeded up in the first eight months compared with the January-July period, finance ministry data showed on Friday, indicating that local fiscal strains eased slightly although revenue from land sales shrank. Fiscal revenue grew 3.7% in January-August from […]
Article content MUMBAI — Indian government bonds see their worst week in over three months, as traders turn cautious with rate hike fears gripping the market, and lack of any development on the much-anticipated inclusion of local bonds in global indexes. The benchmark Indian 10-year government bond yield ended at 7.2660%, after closing at 7.2386% […]