Recent Posts

Bonds resume selloff on China factory pickup, gasoline rises

  Bloomberg Bonds resumed their selloff after an unexpected jump in Chinese manufacturing fueled optimism about the economy worldwide. Gold rallied as the dollar fell. Treasury yields climbed toward the highest since May on speculation the Federal Reserve will raise interest rates this year. The MSCI All Country World Index posted its first back-to-back gain in two weeks, while the ...

Read More »

Saudi ends nine-day winning streak, rest of region mixed

  Reuters Saudi Arabia’s stock market ended a nine-day rising streak on Tuesday as banking shares were hit by profit taking, while bourses in the rest of the region were mixed. The Saudi stock index had surged 10.1 percent over the nine trading days through Monday, led by banks, after Riyadh’s huge international bond issue reduced jitters about the economy’s ...

Read More »

China’s COMAC lands new plane orders

  Bloomberg China Eastern Airlines Corp. will be the first customer to take delivery of the home made C919 single-aisle passenger jet as a state-owned planemaker markets the aircraft whose maiden test flight has been delayed at least twice since 2014. Commercial Aircraft Corp. of China Ltd. said it signed an agreement with the Shanghai-based carrier to start negotiations to ...

Read More »
Send this to a friend