路透新闻部
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Feb 26 (Reuters) - Britain’s Card Factory said on Friday it has secured further waivers from its lenders to ward off expected covenant breaches until March-end and it is engaged in a plan to refinance the company.
The greeting card retailer, which last month secured waivers until the end of February, said it expects to reopen most of its stores in April.
Card Factory’s combined credit score, which measures how likely a company is to default in the next year on a scale of 100 (very unlikely) to 1 (highly likely), was “1” as of Friday, Refinitiv Eikon data showed.
The Nasdaq recovered as the bond rout retreated on Friday, but most other equity markets swooned around the world as data showing a strong rebound in U.S. consumer spending kept fears of rising inflation alive.
The Turkish lira slid for a fifth straight day on Friday, hit by surging U.S. bond yields that helped erase all the year's gains and set the stage for a potentially tougher battle against double-digit inflation.
The International Monetary Fund on Friday said it would propose ways to improve the transparency and accountability of how its Special Drawing Rights are used, a key U.S. demand for its support of a new issuance of the IMF's own currency.
Euro zone, U.S. 10-yr yields ease Australia’s central bank tries to stem bond bleeding Emerging market stocks in biggest daily drop since May Dollar lifted by rise in yields Bitcoin set for worst week since March
LONDON, Feb 26 (Reuters) - Global stocks fell on Friday, with emerging market and Asia shares hardest hit, as a recent rout in global bond markets spooked investors amid fears the heavy losses suffered could trigger distressed selling in other assets.
MSCI’s Emerging Markets equity index suffered its biggest daily drop in nearly 10 months and was 3.1% lower, while European shares were deep in the red, with the STOXX 600 down 1.1%.