Business assets

SAS will not use second tranche of $700 million Apollo loan
April 17, 2023 05:00 PM AEST | By ReutersCOPENHAGEN (Reuters) - SAS will not be using the second tranche of its $700 million debtor-in-possession (DIP) term loan in the second quarter of the...

Hong Kong's CK Hutchison aims to raise at least $1 billion in dollar...
April 17, 2023 02:29 PM AEST | By ReutersBy Scott Murdoch SYDNEY (Reuters) - Hong Kong's CK Hutchison Holdings is aiming to raise at least $1 billion in a two tranche dollar bond deal, accord...

Gold shines as bets for US rate hike pause gather pace
April 13, 2023 01:08 AM AEST | By ReutersBy Deep Kaushik Vakil and Seher Dareen (Reuters) - Gold jumped on Wednesday as signs of cooling inflation bolstered bets that a pause in U.S. rate inc...

Gold climbs as dollar pauses ahead of US inflation data
April 12, 2023 04:35 AM AEST | By ReutersBy Deep Kaushik Vakil (Reuters) - Gold climbed back up above the key $2,000 level on Tuesday as the dollar came off last session's peak, while traders...

Gold falls below $2,000 as U.S. jobs growth lifts dollar
April 11, 2023 03:00 AM AEST | By ReutersBy Deep Kaushik Vakil (Reuters) - Gold fell below the key $2,000 level on Monday as the dollar advanced on Friday's strong U.S. jobs numbers, while tr...

Analysis-IMF's lower bar for Argentina already looks too high
April 06, 2023 01:47 AM AEST | By ReutersBy Jorgelina do Rosario and Rodrigo Campos LONDON/NEW YORK (Reuters) - The International Monetary Fund (IMF) has given Argentina something of break by...

Gold extends rally as US data bolsters Fed slowdown bets
April 05, 2023 07:57 PM AEST | By ReutersBy Seher Dareen (Reuters) - Gold prices hit their highest since March 2022 on Wednesday, extending a rally after weaker U.S. economic readings bolster...

Oil steady as markets weigh OPEC+ surprise cuts amid demand woes
April 05, 2023 05:07 AM AEST | By ReutersBy Arathy Somasekhar HOUSTON (Reuters) - Oil prices were little changed in choppy trading on Tuesday as investors weighed OPEC+ plans to cut more prod...

South Korea March inflation slows to 4.2%, lower than expected
April 04, 2023 09:03 AM AEST | By ReutersSEOUL (Reuters) - South Korea's consumer inflation eased to a one-year low in March, coming in slightly below economists' expectations, official data...

Oil ticks up as US inflation cools, but set to end March lower
April 01, 2023 02:21 AM AEDT | By ReutersBy Shariq Khan BENGALURU (Reuters) - Oil prices nudged higher on Friday with U.S. inflation data showing some signs of slowing price rises, but for th...

Global derivatives industry defends CDS after banking blow-ups
March 30, 2023 10:19 PM AEDT | By ReutersBy Marc Jones LONDON (Reuters) - The derivatives industry body, the International Association of Swaps and Derivatives Association (ISDA), has backed...

Gold drops as higher equities, stronger dollar weigh
March 30, 2023 03:59 AM AEDT | By ReutersBy Deep Kaushik Vakil (Reuters) - Gold prices slipped on Wednesday as upbeat equities and a stronger dollar weighed, but declines in safe-haven bullio...

Gold drops as higher equities, Treasury yields weigh
March 30, 2023 02:05 AM AEDT | By ReutersBy Deep Kaushik Vakil (Reuters) - Gold prices slipped on Wednesday as upbeat equities and Treasury yields weighed, but declines in safe-haven bullion...

Russia may demand compensation over Nord Stream explosions -diplomat
March 27, 2023 04:53 PM AEDT | By ReutersMOSCOW (Reuters) - Moscow may seek compensation over damage from last year's explosions on the Nord Stream gas pipelines, news agency RIA Novosti repo...

Fitch downgrades Argentina's sovereign credit rating to 'C'
March 25, 2023 06:05 AM AEDT | By Reuters(Reuters) - Fitch Ratings on Friday downgraded Argentina's foreign currency rating to "C" from "CCC-" after the country ordered public sector bodies t...

Swiss franc grapples with safe-haven identity crisis after Credit Su...
March 24, 2023 05:06 PM AEDT | By ReutersBy Samuel Indyk LONDON (Reuters) - The Swiss franc hasn't lived up to its safe-haven reputation during the Credit Suisse collapse, as investors have s...

World Bank seeks more private cash as yearly needs balloon to $2.4 t...
March 24, 2023 08:26 AM AEDT | By Reuters(Reuters) - World Bank President David Malpass set out on Thursday a new road map for private sector participation in project financing across emergin...

European Sovereignty Fund could finance joint EU projects - Gentilon...
March 23, 2023 10:58 PM AEDT | By ReutersBRUSSELS (Reuters) - A future European Sovereignty Fund could finance joint European Union projects to keep the 27-nation bloc ahead of global competi...

Airports of Thailand to invest $1 billion to expand low-cost termina...
March 23, 2023 03:13 PM AEDT | By ReutersBANGKOK (Reuters) - Airports of Thailand Pcl (AOT) plans to invest 36.8 billion baht ($1.08 billion) to expand its low-cost terminal at Bangkok's Don...

UBS buys back bonds days after issue to buoy investor confidence
March 23, 2023 01:09 AM AEDT | By ReutersBy Yoruk Bahceli and Akriti Sharma (Reuters) - UBS Group said on Wednesday it would buy back 2.75 billion euros ($2.96 billion) worth of debt it sold...
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