The head of Blackstone has spoken out for the first time since the investment group restricted withdrawals from a $69bn property fund, tying a spate of redemptions to investors facing stress in Asia....
Russia is considering setting a price floor for its international oil sales as a response to a cap that the G-7 nations set out last week.Source: Bloomberg
07/12/2022
Economists are bringing forward their projections for China’s exit from Covid Zero as the government begins relaxing controls in many cities.Source: Bloomberg
06/12/2022
Global credit extended its longest rally since before the pandemic on Monday as investors cheered further reopening moves from Covid restrictions in China and stuck with bets for the Federal Reserve...
05/12/2022
Shipping costs for Russian crude are skyrocketing as more tanker owners shun the trade days before stricter European Union sanctions take effect.Source: Bloomberg
02/12/2022
Chair Jerome Powell signaled the Federal Reserve will slow the pace of interest-rate increases next month, while stressing borrowing costs will need to keep rising and remain restrictive for some...
01/12/2022
Rate hikes by the US Federal Reserve are significantly increasing the cost of capital for South Korea’s startups, elevating the chance many may face bankruptcy in coming months, according to the...
30/11/2022
Oil surged on expectations that the Organization of Petroleum Exporting Countries and allies will deepen supply cuts and speculation China could relax Covid-Zero curbs after protests flared in the...
29/11/2022
China's central bank will offer cheap loans to financial firms for buying bonds issued by property developers, four people with direct knowledge of the matter said, the strongest policy support yet...
28/11/2022
A closely-watched gauge of Asian oil demand has slumped to a seven-month low as surging virus cases in China trigger lockdown-like restrictions in the biggest crude importer.Source: Bloomberg
25/11/2022