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China’s corporate bond market reels from interbank borrowing costs

  Bloomberg China’s $3.2 trillion corporate bond market is already starting to reel from rising interbank borrowing costs, and the traditional year-end funding crunch hasn’t even started yet. The yield premium for five-year AA rated notes over the sovereign climbed 10 basis points in October as money market rates surged to an 18-month high. Worse may be yet to come ...

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OPEC deal turns more urgent after Trump win

  Bloomberg OPEC was already struggling to finalize a deal on production cuts this month. And then Donald Trump was elected President of the US. The Organization of Petroleum Exporting Countries faces increasing urgency to take measures that will support oil prices as Trump’s surprise victory threatens to deepen a market sell-off, said UBS Group AG. Yet the uncertainty arising ...

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Iran mulls new investment rules in push to boost clean energy

  Bloomberg Iran, which gets most of its electricity from natural gas, is considering new rules that may entice foreign investors to raise the amount of clean energy generated on its grid. The government is reviewing regulations to streamline and accelerate the process “for investors to bring funds inside the country and repatriate the profits,” presidential adviser Elham Aminzadeh said ...

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