Bloomberg Germany increased planned bond sales in the second quarter by 2.5 billion euros ($2.9 billion), as the government ramps up borrowing to help offset the impact of the coronavirus pandemic. The federal government will issue 59.5 billion euros of bonds and bills in the April-June period, up from 57 billion euros planned at the end of last year, the ...
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April, 2021
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5 April
Facebook data on 533m users reemerges online for free
Bloomberg The personal data of more than half a billion Facebook Inc users reemerged online for free, a reminder of the company’s ability to collect mountains of information and its struggles to protect these sensitive assets. The leak includes personal information on 533 million Facebook users, such as phone numbers, Facebook IDs, full names, locations, birth dates, bios and in ...
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5 April
US stock futures advance; pound at two-week high
Bloomberg US futures edged higher while most Asian stocks climbed as investors digested the unexpectedly strong jobs report. Bonds steadied from earlier losses. S&P 500 futures rise 0.1%, adding to last week’s gains when payrolls data showed US employers added the most jobs in seven months. Treasuries pulled back from a selloff last week, with the benchmark 10-year yield steadying ...
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5 April
A century of data show markets far from impervious to tax hikes
Bloomberg The prospect of tax hikes may not have derailed gains in US stocks yet, but 100 years of data say the market is far from impervious to them. Stocks can take a hit when rates rise on corporations and individuals, according to Julian Emanuel, chief equity and derivatives strategist at BTIG LLC. He sees 13 such instances, most recently ...
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5 April
New head of GPIF board says fund isn’t distorting Japan’s stocks
Bloomberg Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension pot, considers the impact of its investments on markets and isn’t distorting the country’s stocks, said Hirohide Yamaguchi, the newly appointed chairman of the fund’s board of governors. Yamaguchi, a former deputy governor of the Bank of Japan (BOJ), said also that it was important to look at the ...
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5 April
UAE affirms full solidarity with Jordan, supports King Abdullah
ABU DHABI / WAM The United Arab Emirates has affirmed its full solidarity with the Hashemite Kingdom of Jordan, and expressed its full support for any measures taken by King of Jordan, King Abdullah II, and Jordanian Crown Prince Hussein bin Abdullah to preserve the security and stability of Jordan and defuse any attempt that seeks to jeopardise either. The ...
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5 April
Saudi hikes oil prices for Asia market in sign of confidence
Bloomberg Saudi Arabia raised prices for oil shipments to customers in its main market of Asia, signaling the kingdom’s confidence in the region’s economic recovery. The decision comes after the Opec+ cartel, led by the Saudis and Russia, agreed to boost daily crude production by more than 2 million barrels between May and July. Aramco, the Saudi state energy firm, ...
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5 April
UAE, Cuba keen to boost parliamentary relations
DUBAI / WAM Dr Tariq Humaid Al Tayer, Head of the Emirati-Latin American and North American Parliaments Friendship Committee of the Federal National Council (FNC), has met with Roberto Blanco Dominguez, Ambassador of Cuba to the UAE, at FNC headquarters in Dubai. Afra Al-Basti, Assistant Secretary-General for Parliamentary Liaison in the Council, attended the meeting. During the session, both sides ...
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5 April
Abu Dhabi committed to clean forms of energy: DoE
ABU DHABI / WAM Abu Dhabi’s energy sector is committed to supporting the global climate change agenda and the transformation to clean and renewable energy systems, said Awaidha Murshed Al Marar, Chairman of Abu Dhabi’s Department of Energy (DoE). Al Marar was speaking ahead of the first Regional Summit on Climate, which is being held in Abu Dhabi on April ...
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5 April
RAK Chamber, Kosovo discuss economic ties
RAS AL KHAIMAH / WAM The Ras Al Khaimah Chamber of Commerce and Industry discussed, with the Republic of Kosovo, ways of strengthening their economic cooperation, encouraging mutual investments and taking advantage of available opportunities in various economic sectors in both countries. The discussion took place during a meeting between Mohamed Ali Musabbeh Al Nuaimi, Chairman of the Chamber, and ...
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