Long-dated JGBs rise after solid 20-year debt auction - Reuters
TOKYO, Aug 25 (Reuters) - Longer-dated Japanese government bond prices rose on Tuesday due to strong investor demand seen during the 20-year debt auction.
Benchmark 10-year JGB futures fell 0.11 point to 151.86, with a trading volume of 16,526 lots, while the 10-year JGB yield edged up half a basis point to 0.025%.
At the shorter end of the yield curve, the
Pandemic may fire up Japan's inflation, doing what cenbank could not, economist says - Reuters
TOKYO (Reuters) - The coronavirus shock is boosting the amount of money flowing into Japan’s economy and may fire up inflation, achieving what years of ultra-loose monetary policy failed to do, the central bank’s former top economist, Hideo Hayakawa, said on Tuesday.
Portland police make multiple arrests, declaring riot as protesters light fires - Reuters India
(Reuters) - Police in Portland declared a riot late on Monday and made multiple arrests of protesters, ordering them to disperse after fires were lit at the offices of the police association.
"Failure to leave now will subject you to arrest and/or the use of crowd control munitions including but not limited to tear gas and impact weapons", the police said on Twitter bit.ly/34BbyTv, adding that personnel were responding to the fire near the city's North Lombard Street and North Campbell Avenue
Gas and nuclear industries fight to the end for 'green' EU investment label - Reuters
BRUSSELS/LONDON (Reuters) - The gas and nuclear industries have ramped up lobbying to secure last-ditch changes to European rules defining which investments are sustainable, fearing that exclusion from a new “green” list could deprive them of billions of dollars of funding.
The climate section of the EU’s Sustainable Finance Taxonomy
Manchester City's Zinchenko interrupts wedding day to clarify Guardiola comments - Reuters India
(Reuters) - Manchester City left back Oleksandr Zinchenko set aside some time on his wedding day to clarify comments he and his new bride Vlada Sedan made
Abu Dhabi comes back to bond market with three-part dollar issue - Reuters
DUBAI, Aug 25 (Reuters) - Abu Dhabi started marketing on Tuesday a U.S. dollar-denominated bond offering split into three tranches of three, 10 and a half and 50 years, a document showed.
Each bond tranche is of benchmark size, which generally means at least $500 million each, according to the document issued by one of the banks leading the deal and seen by Reuters.
The paper due in 2023 offers investors an initial price of around 9
Australia court rejects request to delay epic cartel case against Citi, Deutsche - Reuters
SYDNEY (Reuters) - An Australian court overseeing a criminal cartel case against Citigroup Inc ( C.N ) and Deutsche Bank AG ( DBKGn.DE ) on Tuesday declined a prosecution request to delay proceedings, raising the chances the long-running matter will proceed to trial this year.
In the country’s biggest white
Bringing Bali home: South Koreans indulge in extreme staycationing - Reuters
SEOUL (Reuters) - This time last year Yoon Seok-min, his wife Kim Hyo-jung and their two children were holidaying in the Philippines, Vietnam and Guam. A trip to Hawaii was on the cards for this summer.
Instead, as the global coronavirus pandemic has stymied overseas travel, the family, like other South Koreans, has turned to a new and extreme form of staycation: transforming their home into their favourite vacation spots.
Now, Kim and Yoon’s five-bedroom apartment in Yongin city
Facebook says plans to challenge Thai government demand to block group critical of monarchy - Reuters
BANGKOK (Reuters) - Facebook ( FB.O ) said on Tuesday it was planning to legally challenge the Thai government after being “compelled” to block access within Thailand to a group with 1 million members that discusses the country’s king.
The social media giant late on Monday blocked access to the “Royalist Marketplace” group after the Thai government
PRECIOUS-Gold holds steady as investors look to Powell's speech - Reuters
* Asian stocks near two-year high
* Gold may test support at $1,911/oz - technicals
* Interactive graphic tracking global spread of coronavirus: open tmsnrt.rs/3aIRuz7 in an external browser (Updates prices)
By Brijesh Patel
Aug 25 (Reuters) - Gold held steady on Tuesday as a softer dollar offset pressure from an equity rally while investors stayed away from taking big positions ahead of U.S. Federal Reserve Chair Jerome Powell’s speech later this week.