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Thailand, a low-yielding spot for bond investors

Bloomberg Its sovereign bonds don’t yield much more than US Treasuries, they cost less to insure than Spanish notes and its currency is more stable than China’s managed yuan. In a sign of how the flood of money into emerging markets is upending conventional wisdom, military-run Thailand with a credit rating just three levels above junk at Moody’s Investors Service ...

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May’s Brexit law passes hurdle but rebels demand re-writes

­­­­­­­­­­­Bloomberg Theresa May’s plans for taking Britain out of the European Union remain on track after members of Parliament cleared the way for her Brexit law to advance — but threatened to re-write it later. In a vote after midnight, lawmakers agreed to allow the EU withdrawal bill to continue its progress through Parliament, by 326 votes to 290. The ...

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Firms in US see more trade, investing in Asean despite TPP exit

Bloomberg American business enthusiasm in Southeast Asia is bent but far from broken even as the region grapples with a new trade framework and less US government involvement, according to a survey by the American Chamber of Commerce in Singapore. Eighty percent of executives see their firms’ level of trade and investment in the Association of Southeast Asian Nations, or ...

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