Stocks weak, dollar hot as rate fever strikes bonds

Stocks weak, dollar hot as rate fever strikes bonds

A man wearing a face mask, following the coronavirus disease (COVID-19) outbreak, stands on an overpass with an electronic board showing Shanghai and Shenzhen stock indexes, at the Lujiazui financial district in Shanghai, China January 6, 2021. REUTERS/Aly song Register now for FREE unlimited access to Reuters.com Register https://tmsnrt.rs/2zpUAr4 S&P 500 futures skid 0.9%, Nikkei … Read more

EXCLUSIVE Chinese defense firm has taken over lifting Venezuelan oil for debt offset -sources

EXCLUSIVE Chinese defense firm has taken over lifting Venezuelan oil for debt offset -sources

SINGAPORE/HOUSTON, Aug 26 (Reuters) – China has entrusted a defence-focussed state firm to ship millions of barrels of Venezuelan oil despite US sanctions, part of a deal to offset Caracas’ billions of dollars of debt to Beijing, according to three sources and tanker tracking data. China National Petroleum Corp (CNPC) stopped carrying Venezuelan oil in … Read more

EXCLUSIVE Tencent seeks bigger stake in ‘Assassin’s Creed’ maker Ubisoft -sources

EXCLUSIVE Tencent seeks bigger stake in ‘Assassin’s Creed’ maker Ubisoft -sources

HONG KONG, Aug 4 (Reuters) – Tencent Holdings Ltd (0700.HK) plans to raise its stake in French video game group Ubisoft Entertainment SA (UBIP.PA) as the Chinese gaming giant pivots to the global gaming market, four sources with direct knowledge of the matter told Reuters. China’s largest social network and gaming firm, which bought a … Read more

Evergrande offers sweetener for debt revamp as China property crisis worsens

Evergrande offers sweetener for debt revamp as China property crisis worsens

A partially removed company logo of China Evergrande Group is seen on the facade of its headquarters, near a traffic light in Shenzhen, Guangdong province, China January 10, 2022. REUTERS/David Kirton Register now for FREE unlimited access to Reuters.com Register HONG KONG, July 29 (Reuters) – China Evergrande Group will offer its offshore creditors asset … Read more

China agrees to more EU cooperation but silent on frozen pact

China agrees to more EU cooperation but silent on frozen pact

An attendant walks past EU and China flags ahead of the EU-China High-level Economic Dialogue at Diaoyutai State Guesthouse in Beijing, China June 25, 2018. REUTERS/Jason Lee/ Register now for FREE unlimited access to Reuters.com Register BEIJING, July 19 (Reuters) – China agreed to coordinate economic policies with the European Union, liberalize trade and investment, … Read more

EXCLUSIVE How an Indian cement maker bought Russian coal using yuan

EXCLUSIVE How an Indian cement maker bought Russian coal using yuan

NEW DELHI, July 8 (Reuters) – An Indian cement maker’s recent purchase of Russian coal using yuan involved India’s biggest private lender, HDFC Bank, according to an invoice seen by Reuters and a source, as more details emerge of the kind of trade that could blunt Western sanctions against Moscow. There is no suggestion that … Read more

World stocks near fresh 2022 lows on inflation fears

World stocks near fresh 2022 lows on inflation fears

LONDON, June 13 (Reuters) – World stocks fell towards fresh 2022 lows and the Japanese yen slid to levels not seen in nearly a quarter of a century on Monday as red-hot US inflation fueled worries about even more aggressive policy tightening in a big week for central banks. The substantially higher-than-expected US CPI print … Read more

Stocks rally fizzles, bond markets ponder risks for US economy

Stocks rally fizzles, bond markets ponder risks for US economy

Euro STOXX 600 drops 0.6% US bond market signals economic pain ahead Treasury 10-year yields lower Ukraine-Russia negotiations earlier buoyed stocks wall street down NEW YORK, March 30 (Reuters) – The US and European equities rally wavered on Wednesday as investors reviewed economic and geopolitical risks, while oil prices jumped more than $2 on the … Read more