© Reuters. Africa’s Back in Vogue as Eurobond Investors Lap Up High Yields (Bloomberg) — Africa is the place to be for emerging-market bond investors. The continent’s dollar securities are outperforming those of all other regions this year as the U.S. Federal Reserve’s dovish tilt entices traders to buy up riskier, high-yielding assets. African names
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© Reuters. Investing.com — The dollar edged upwards to a new high for 2019 in early trading in Europe Monday, as the slowdown in the euro zone showed signs of raising more political instability. At 03:10 AM ET (0810 GMT), the euro had fallen to $1.1317, as fears for the economy drive yields on safe
© Reuters. Investing.com — The dollar hit a new high for 2019 against most major currencies Friday as discouraging comments on trade from President Donald Trump spooked the stock market. Trump said Friday it was “probably too soon” to meet with Chinese counterpart Xi Jinping, damping hopes that a deal can be reached to stop
MSCI’s gauge of stocks across the globe gained 0.33 percent, reaching a fresh two-month high. On Wall Street, the Dow Jones Industrial Average rose 175.48 points, or 0.7 percent, to 25,239.37, the S&P 500 gained 18.34 points, or 0.68 percent, to 2,724.87 and the Nasdaq Composite added 83.67 points, or 1.15 percent, to 7,347.54. The
© Reuters. Illustration photo of U.S. dollar note By Shinichi Saoshiro TOKYO (Reuters) – The dollar hovered near a two-week high against a basket of currencies on Monday, supported by a sustained recovery in investor risk appetite which nudged U.S. bond yields higher. The , which measures its strength against a group of six major
© Reuters. FILE PHOTO: The logo of Citibank is pictured at an exhibition hall in Bangkok LONDON (Reuters) – U.S. investment bank Citi (N:) said on Tuesday there is now a “very high” chance that Brexit will be delayed past March 29, after lawmakers defeated Prime Minister Theresa May’s Brexit divorce deal by a crushing
PETALING JAYA: Thirty years of persistence finally paid off for a storekeeper when he was rewarded with a RM21.5mil windfall, thanks to the serial number on his newly purchased hi-fi system. The 55-year-old audiophile hit the 4875/18 Toto 4D Jackpot 1 draw on Dec 9. According to Sports Toto Malaysia, he collected his winnings a
BENGALURU: Gold climbed to a more than six-month high on Friday, as concerns about slowing global economic growth and a partial government shutdown in the United States stoked safe-haven demand, although gains in equities capped the upside. Spot gold had risen by 0.5 percent to $1,281.08 per ounce as of 0713 GMT, and was set for
It was a busy Thursday and I had just finished my classes. Before heading home, I sat in the office to check my emails. Suddenly, one of the staff came in a hurry, panic evident across her face. “Dr Wana, please come! Come and see Prof A!” “What happened?” I ask her. “He is feeling dizzy.
Despite Bitcoin’s intense price drop in recent months, some still believe it is going to turn it around next year. And there’s nothing to say it definitely won’t; in the last three days, Bitcoin has packed on 18% in gains. Sudden Gains The world’s largest cryptocurrency by market cap jumped from $3,181 to $3,776 in under
© Reuters. Investing.com – The U.S. dollar pulled back from an 18-month high on Monday after disappointing economic data. The , which measures the greenback’s strength against a basket of six major currencies, fell 0.2% to 96.69 as of 10:10 AM ET (15:10 GMT), after an overnight high of 97.69. The Empire State manufacturing index
© Reuters. FILE PHOTO: Illustration photo of a U.S. five dollar note By Vatsal Srivastava SINGAPORE (Reuters) – The dollar held near a 19-month high on Monday, bolstered by safe-haven buying as heightened concerns of a global economic slowdown reduced appetite for riskier assets such as stocks and Asian currencies. Weaker-than-expected economic data out of