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Indonesia, Philippines Set to Hold Rates With Outlook Dim: Guide

Indonesia, Philippines Set to Hold Rates With Outlook Dim: Guide Dec 17 2020, 5:37 AM December 17 2020, 2:30 AM December 17 2020, 5:37 AM (Bloomberg) -- Central banks in Indonesia and the Philippines are expected to keep their key interest rates steady Thursday, letting recent reductions filter through economies facing difficult recoveries. (Bloomberg) -- Central banks in Indonesia and the Philippines are expected to keep their key interest rates steady Thursday, letting recent reductions filte...
Jakarta Raya The Philippines Bahana Sekuritas David Sumual Bangko Sentral Benjamin Diokno

Treasuries Inflation Gauge Exceeds 2% for First Time Since 2018

(Bloomberg) -- Traders see U.S. inflation averaging at least 2% per year over the coming decade, the first time that expectations have climbed that high since 2018. The 10-year breakeven rate -- a measure that draws on pricing for inflation-linked Treasuries -- rose as high as 2.
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Investors Have a New Default Worry in China's Debt Market

Investors Have a New Default Worry in China’s Debt Market Jan 12 2021, 5:00 PM January 12 2021, 6:00 AM January 12 2021, 5:00 PM (Bloomberg) -- Investor confidence in China Fortune Land Development Co. Ltd. is tumbling as concerns grow about its debt repayment abilities just as Beijing steps up efforts to cut risk in the real estate sector. (Bloomberg) -- Investor confidence in China Fortune Land Development Co. Ltd. is tumbling as concerns grow about its debt repayment abilities just a...
Ping An New Zealand Zhi Wei Feng Owen Gallimore Australia New Zealand Banking Group Ltd China Fortune Land Development Co

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Won's Strength Puts Spotlight on Bank of Korea Policy Meeting

(Bloomberg) -- South Korea’s won has the potential to test resistance at its 2018 high after the currency posted the strongest gain in Asia last quarter. How soon it may get there depends in part on what the central bank says about the rally at its policy meeting in Seoul this week.
Soult Ukpyolsi South Korea New Zealand Mayank Mishra Lee Ju Yeol Standard Chartered Plc

Global Infrastructure to Buy Signature Aviation for $4.6 Billion

(Bloomberg) -- Signature Aviation Plc agreed to a $4.63 billion buyout by Global Infrastructure Partners, which raised its bid for the world’s largest private jet-base operator. Signature Aviation investors will receive 405 pence ($5.50) per share held, according to a statement Monday.
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Egypt Inflation Eases to Lowest Since October on Food Prices

(Bloomberg) -- Monthly inflation in urban parts of Egypt decelerated to its lowest level in 18 months in December, pulled down by an easing in food prices, according to the state-run statistics agency, CAPMAS. Monthly inflation decelerated 0.4% compared to a 0.8% expansion in November.
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