* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Updates prices, adds background) AMSTERDAM, March 19 (Reuters) – Benchmark German bonds rose on Friday, tracking U.S. Treasuries, and were set to […]
Nike sales suffer after supply chain woes hit North America
NEW YORK (BLOOMBERG) – Nike’s rebound from a pandemic slump suffered a setback last quarter, when supply chain problems kept products from reaching North America, its biggest market. The athleticwear […]
Shell CEO takes large pay cut after bruising 2020
THE HAGUE (REUTERS) – Royal Dutch Shell’s chief executive Ben van Beurden pay package nearly halved in 2020, a year in which the oil major’s profit tumbled because of low […]
One-third of S'poreans made first online purchase amid Covid-19 pandemic: Poll
SINGAPORE (THE BUSINESS TIMES) – Nearly three in four (74 per cent) consumers in Singapore are shopping online more frequently as a result of the Covid-19 pandemic, a Visa study […]
UPDATE 2-Euro zone bonds calm ahead of ECB
* Euro zone yields slightly lower * German “real” yields below recent highs ahead of ECB meeting * U.S. inflation remains tepid (Recasts first paragraph, updates prices, adds background) AMSTERDAM, […]
OECD hikes world economic forecast on vaccines, US stimulus
PARIS (AFP) – The OECD sharply raised its 2021 global growth forecast on Tuesday (March 9) as the deployment of vaccines and a huge US stimulus programme have greatly improved […]
UPDATE 2-Euro zone bond yields drop on economic data, U.S. Treasury rally
* Euro zone Q4 data worse than initially estimated * Euro zone bond yields drop 4-5 bps * EU gets 61 billion euros of demand for debt sale * Euro […]
All eyes on rising Treasury yields amid inflation fears
SINGAPORE – Equity markets continued to be roiled last week by rising United States rates and fears that inflationary pressures are building up. With the 10-year Treasury yield briefly hitting […]
Lower-income S'poreans, middle-aged workers still struggling amid Covid-19 recovery: DBS
SINGAPORE – The nascent economic recovery that started in the later half of 2020 has improved the financial health of most Singapore residents, but some segments of the population are […]
Powell says US economy still needs Fed support, pushes back on inflation worries
WASHINGTON (REUTERS) – Federal Reserve chairman Jerome Powell, pushing back on suggestions that loose monetary policy risked unleashing inflation and financial risks in what may be an emerging economic boom, […]