Corporate Debt

Betting on Asia’s debt, Europe’s hunt for yield heads east

Betting on Asia’s debt, Europe’s hunt for yield heads east

Published 01/09/2020

SINGAPORE/AMSTERDAM (Reuters) - Low yields at home are sending some previously shy European investors into Asia’s credit markets, money managers say, lured by the promise [more…]

Payment holiday parachute might COVID-proof government bonds, top fund says

Payment holiday parachute might COVID-proof government bonds, top fund says

Published 26/08/2020

LONDON (Reuters) - The option of a one-time payment holiday during times of intense crisis might enable countries to pandemic-proof their bonds, a prominent debt [more…]

U.S. equity funds post $5.6 billion weekly inflow: Lipper

U.S. equity funds post $5.6 billion weekly inflow: Lipper

Published 13/08/2020

(Reuters) - U.S. equity, municipal and taxable bond funds posted inflows in the week ended on Wednesday, while money market fund saw outflows, according to [more…]

U.S. stock funds shed $1.05 billion in week: Lipper

U.S. stock funds shed $1.05 billion in week: Lipper

Published 30/07/2020

(Reuters) - U.S.-based equity funds in the week ended Wednesday posted $1.05 billion in outflows, according to Lipper. Taxable bond funds attracted $9.37 billion, the [more…]

U.S. stock funds draw $3.3 billion in latest week: Lipper

U.S. stock funds draw $3.3 billion in latest week: Lipper

Published 23/07/2020

(Reuters) - U.S.-based stock funds in the week ended Wednesday saw $3.3 billion of inflows, according to Lipper. Taxable bond funds attracted $11.1 billion, the [more…]

India’s IL&FS says aims to resolve nearly 60% of debt despite pandemic delays

India’s IL&FS says aims to resolve nearly 60% of debt despite pandemic delays

Published 20/07/2020

MUMBAI/BENGALURU (Reuters) - India’s Infrastructure Leasing & Financial Services (IL&FS) said on Monday it expected to resolve about 57% of its near trillion rupee ($13.35 [more…]

Australia faces avalanche of business failures in September ‘fiscal cliff’

Australia faces avalanche of business failures in September ‘fiscal cliff’

Published 20/07/2020

SYDNEY (Reuters) - Australia faces an avalanche of business failures in its transport and hospitality sectors after government subsidies end in September, insolvency lawyers and [more…]

German parliamentary committee to discuss Wirecard scandal next week: lawmaker

German parliamentary committee to discuss Wirecard scandal next week: lawmaker

Published 20/07/2020

BERLIN (Reuters) - The German parliament’s financial committee will hold an extraordinary meeting on the Wirecard (WDIG.DE) scandal on Wednesday next week and Finance Minister [more…]

Intesa ups bid for UBI by 18% with cash sweetener

Intesa ups bid for UBI by 18% with cash sweetener

Published 17/07/2020

MILAN (Reuters) - Italy’s Intesa Sanpaolo (ISP.MI) on Friday raised its bid for rival UBI Banca (UBI.MI) by 18%, adding a cash sweetener to secure [more…]

Investors chase risky assets as stimulus measures offset virus worries: BofA

Investors chase risky assets as stimulus measures offset virus worries: BofA

Published 17/07/2020

LONDON (Reuters) - Investors pumped money into riskier bonds and equity funds, BofA’s weekly fund flow statistics showed on Friday, as unprecedented stimulus measures helped [more…]