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HONG KONG: Three months ago, Arjun Vij couldn’t wait to sell all his junk bonds. Now he can’t get enough of them.
EMERGING markets have breathed a sigh of relief at the easing of the dollar-funding shock that accompanied Covid-19, but the respite may be temporary as the post-pandemic landscape looks more unfriendly than ever before for developing economies.
LONDON: Andrew Bailey is wagering that the Bank of England (BoE) can eventually achieve a stimulus withdrawal that neither his predecessors nor his counterparts ever really dreamed was possible.
Hypothetical risks that investors brush aside are becoming a reality
BENGALURU: The Federal Reserve struck the right tone in its first pandemic-era economic outlook, suggesting years of extraordinary policy support for an economy facing a slow and long slog back, according to a majority of economists in a Reuters poll
Some say zoos merely exploit animals to earn money but others contend they do valueable conservation work. Who's right?
MANY of the world’s leading investors are concerned that the recent gains in the U.S. stock market are overdone, given the uncertain economic outlook and the risks of a second wave of the Covid-19 virus. But American equities are in very good company.
COPENHAGEN: Major central banks in Europe and Asia are scaling back their offers of dollars to lenders in a sign of confidence that the pandemic’s grip on markets is loosening, even if the economic pain persists.
WASHINGTON DC: The US economic recovery from the novel coronavirus epidemic is set to be challenging and there will be no quick fix, Federal Reserve chair Jerome Powell(pic) said on Friday in comments that reinforced his recent cautionary stance.