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China warns US it will retaliate on moves over Hong Kong; asks state firms to halt purchases of US soybeans and pork
BEIJING (Reuters): China said on Monday (June 1) US attempts to harm Chinese interests will be met with firm countermeasures, criticising a US decision to begin ending special treatment for Hong Kong as well as actions against Chinese students and companies.
India quarterly growth worst in two decades as lockdown bites - Covid-19 cases surpass 170,000, death toll at 4,971
NEW DELHI: The total number of Covid-19 (coronavirus) cases in India surpassed 170,000-mark, reaching 173,763 on Saturday (May 30) and the death toll stood at 4,971, said the data issued by the federal health ministry.
Coffee maker JDE Peet's valued at US$17.3b in virtual IPO, shares surge
AMSTERDAM,: Shares in coffee maker JDE Peet's surged almost 13% in their stock market debut on Friday as investors jumped on one of the few big IPOs launched during the coronavirus crisis.
China isn’t using its currency as a Cold War weapon
THE deterioration of U.S.-China relations is fast and furious, with Washington throwing out accusations of unfair trade practices, unlawful technology transfer and an early cover-up of the coronavirus outbreak, which has claimed over 100,000 American lives.
Tencent plans to sell billions of dollars in bonds globally
HONG KONG: Chinese social media and gaming giant Tencent Holdings is testing the market's appetite for a U.S. dollar bond deal it plans to offer, according to a term sheet reviewed by Reuters.
Case management of Goldman Sachs' 1MDB bond sale on June 18
KUALA LUMPUR (Bernama): The case involving UK-based Goldman Sachs International Ltd and its Asian entities, Goldman Sachs (Asia) LLC and Goldman Sachs (Singapore), which are facing charges relating to the sale of 1Malaysia Development Berhad (1MDB) bonds amounting to RM27.2bil (US$6.5bil) has been fixed on June 18.
No, India doesn’t need a bigger stimulus
WHEN Prime Minister Narendra Modi recently announced a stimulus package for India, he said it was worth 20 trillion rupees – US$265bil, equivalent to about 10% of the country’s gross domestic product (GDP).
Debt limits India’s plan for bigger fiscal boost
Country faces looming threat of credit rating downgrade
Goldman reopens Europe offices with checks
LONDON: Goldman Sachs Group Inc is reopening offices, including Frankfurt, Madrid and Milan, as its European operations begin to re-emerge from shutdowns prompted by the coronavirus.
Why Indonesia’s QE programme is terrifying
NOW that the world’s largest central banks are buying trillions of dollars of bonds, emerging markets reckon they can experiment, too.