Korea Beats China With Record Corporate Dollar Bond Offerings
Korean borrowers are selling an unprecedented amount of dollar bonds, overtaking Chinese peers to lead Asia’s primary market issuance for such debt.
Korean borrowers are selling an unprecedented amount of dollar bonds, overtaking Chinese peers to lead Asia’s primary market issuance for such debt.
Indian equities have soared to become among the world’s most expensive, yet its bonds appear relatively cheap despite being Asia’s best performers this year.
Thailand’s biggest commercial banks agreed to temporarily lower borrowing costs for vulnerable groups and small businesses, following an appeal by Prime Minister Srettha Thavisin earlier this week.
Oil held a modest decline, with a risk-off tone in broader markets countering a drawdown in US stockpiles.
The Swiss National Bank returned to a quarterly profit because of the weakness of the franc, potentially helping officials to rebuild the central bank’s depleted capital base.
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