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Thailand central bank holds key interest rate

Bloomberg The Bank of Thailand kept its benchmark interest rate unchanged for a fifth straight meeting to preserve its limited policy space, while reiterating concerns about a currency rally and lowering its economic growth forecast for next year. The central bank held the policy rate at 0.5% in a unanimous decision, after cutting by a total of 75 basis points ...

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Citi’s fixed-income traders may see 10% bump in bonuses

Bloomberg Citigroup Inc. is planning to increase the bonus pool for its fixed-income traders, who are set to post their best performance in more than a decade. The overall bonus pool for traders who deal in fixed income, currencies and commodities is likely to increase at least 10 percent, while the pool for equities traders will probably be left unchanged, ...

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Investors rethink role of bonds, tech and ESG after chaotic year

Bloomberg This has been a year like no other. Hammered by an unprecedented health crisis, global stocks tumbled into a bear market at record speed, and then rallied to new highs thanks to a flood of central bank money. Bond yields tanked to uncharted lows and the world’s reserve currency surged to all-time highs, only to then retreat to its ...

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