(Reuters) – Belize has received tender orders on its Sept. 13 purchase offer equal to around 84.38% of the aggregate principal amount of its outstanding dollar bonds due 2034, and it will give bondholders more time to submit orders, the government said on Friday. “The government of Belize is delighted that the vast majority of…
© Reuters. FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York, U.S., February 16, 2021. REUTERS/Brendan McDermid/File Photo By Caroline Valetkevitch NEW YORK (Reuters) – The Dow and S&P 500 edged higher on Friday and ended a turbulent week with slight increases, helped by gains in Tesla…
© Reuters. Ecuador’s President Guillermo Lasso speaks during the annual gathering in New York City for the 76th session of the United Nations General Assembly (UNGA) in New York, U.S., September 21, 2021. Spencer Platt/Pool via REUTERS By Alexandra Valencia BOGOTA (Reuters) – Ecuadorean president Guillermo Lasso on Friday proposed new labor regulations and a…
© Reuters. FILE PHOTO: International Monetary Fund (IMF) Managing Director Kristalina Georgieva makes remarks during a closing news conference for the International Monetary Finance Committee, during the IMF and World Bank’s 2019 Annual Meetings of finance ministers By Andrea Shalal WASHINGTON (Reuters) – IMF chief Kristalina Georgieva criticized as “false and spurious” the findings of…
© Reuters. FILE PHOTO: A worker walks inside the construction site of a project developed by China Evergrande Group in Beijing, China September 22, 2021. REUTERS/Carlos Garcia Rawlins By Scott Murdoch and Tom Westbrook HONG KONG (Reuters) – As uncertainty looms over cash-strapped China Evergrande Group, seizing up China’s junk bond market, pressure is building…
© Reuters. FILE PHOTO: The headquarters of the European Central Bank (ECB) in Frankfurt, Germany, March 12, 2016. REUTERS/Kai Pfaffenbach/File Photo By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – European Central Bank policymakers are bracing for inflation to exceed the bank’s already raised estimates, paving the way for it to end its emergency bond…
© Reuters. FILE PHOTO: A bird flies past the logo of Life Insurance Corporation of India (LIC) at one of its offices in New Delhi, India September 14, 2021. REUTERS/Anushree Fadnavis By Aftab Ahmed, Manoj Kumar and Nupur Anand NEW DELHI (Reuters) -New Delhi wants to block Chinese investors from buying shares in Indian insurance…
© Reuters DUBAI (Reuters) – Lebanon bond investors could see their holdings slashed by 75%, Goldman Sachs (NYSE:GS) said, should the newly formed government solve losses in the financial system, embark on credible reforms and unlock funding from the International Monetary Fund. Lebanon defaulted on its international debt in March 2020, after years of political…
© Reuters. By Geoffrey Smith Investing.com — Global markets extend their gains on relief at the lack of immediate tightening by the Federal Reserve and a stay of execution for China Evergrande. Norway becomes the first major advanced economy central bank to hike rates post-pandemic, and Brazil hikes by a full percentage point, but the…
2/2 © Reuters. FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium May 5, 2021. REUTERS/Yves Herman 2/2 By Huw Jones LONDON (Reuters) -The European Union proposed changing the bloc’s capital rules for insurers on Wednesday to release 120 billion euros ($141 billion) for repairing an economy hit by COVID…
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