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China Evergrande Group wired funds to a trustee account on Thursday for a bond interest payment due Sept. 23, a source told Reuters on Friday, days before a deadline that would have plunged the embattled developer into formal default.
Euro zone bond yields rose on Monday as a global repricing of interest rate expectations pushed borrowing costs in the common currency bloc back towards recent multi-month highs. Recent comments from European Central Bank officials including ECB chief Christine Lagarde have...
German bond yields were set for their biggest two-day falling streak in months as bond markets continued to reverse a recent spike in borrowing costs.
France's farm ministry on Thursday raised its estimate of the country's wine output this year, citing increased estimates for the Champagne, Bordeaux and Charentes regions, but it would still be down 27% on 2020 after frost and disease damaged crops.
Euro zone bond yields fell on Thursday as energy prices continued to dip, recovering from a sharp sell-off a day earlier that had been driven by inflationary concerns.