INTEREST rates on the latest issuance of Singapore Savings Bonds (SSBs), which opened on Wednesday (Mar 1), have risen again, following a series of declines in recent months.
PAN-EUROPEAN bourse Euronext has withdrawn an indicative 5.5 billion euro (S$7.9 billion) offer for investment platform Allfunds Group, after both sides were unable to agree on the terms of a takeover.
GOLDMAN Sachs raised its estimate for a peak interest-rate hike by the European Central Bank (ECB) for the second time in as many weeks; it now expects rates to go up by 50 basis points (bps) at the central bank’s May meeting.
GOLDMAN Sachs raised its estimate for a peak interest-rate hike by the European Central Bank (ECB) for the second time in as many weeks; it now expects rates to go up by 50 basis points (bps) at the central bank’s May meeting.
BANK of Japan (BOJ) board member Junko Nakagawa said on Wednesday (Mar 1) that the central bank must maintain ultra-loose monetary policy for the time being, as the economy has yet to sustainably achieve its 2 per cent inflation target.
EUROPEAN Union (EU) negotiators reached a deal to establish a green bond standard, giving investors long-awaited clarity that their money is aligned with the region’s climate ambitions.
HSBC Holdings said on Wednesday (Mar 1) it raised US$2 billion from a convertible security issue, beating its own target on strong demand for the perpetual additional Tier 1 bond.
ABRDN suffered more outflows in the second half of 2022 as torrid market conditions took a toll on the asset manager, shrinking its assets to a record low.
