European debt market pressures force some governments to rewrite trading rules

Oct 31 (Reuters) – Some euro zone countries have relaxed rules for banks that handle the circulation of their government debt to help them weather some of the toughest market conditions in years, officials told Reuters. Of the 11 major eurozone debt agencies contacted by Reuters, officials in the Netherlands and Belgium told Reuters they … Read more

Saudi energy minister says Saudi Arabia is ‘mature young people’ at loggerheads with US

OPEC+ oil production cut led to US-Saudi spat Saudi Arabia and the United States are “steadfast allies” – Minister Big Wall Street’s turnout for the leading Saudi investment summit RIYADH (Reuters) – Saudi Energy Minister Prince Abdulaziz bin Salman said on Tuesday that Saudi Arabia had decided to be the “mature man” in a row … Read more

Analysis: Indonesia’s defenses begin to crumble against the relentless dollar

SINGAPORE (Reuters) – The Indonesian currency is falling and foreign money in bond markets is heading out, raising fears that Southeast Asia’s largest economy is finally beginning to collapse after months of perceived resilience in the face of global headwinds. Despite its history of ruthless market beatings during times of global economic stress, Indonesia was … Read more

Analysis: Credit Markets See Less Recession Risk, Earnings May Challenge That

The New York Stock Exchange (NYSE) is seen in the financial district of New York, US, January 13, 2021. REUTERS/Shannon Stapleton Register now to get free unlimited access to Register (Reuters) – High-yield US corporate bond markets may be undervalued to counter recession risks even as Treasuries and macroeconomic indicators reflect rising growth concerns, … Read more

India’s retail inflation accelerated in August to 7% year-on-year as food prices soared

A worker carries a sack of onions at a wholesale market in Kolkata, India, December 14, 2021. REUTERS/Rupak de Choudhury Register now to get free unlimited access to Register BENGALURU (Reuters) – India’s retail inflation accelerated to 7 percent year-on-year in August, driven by higher food prices, increasing pressure on the central bank to … Read more