Hyundai, Bangkok Bank, AVIC Launch $ Bonds; UBS Mulls Merger with Credit Suisse; Delta to Raise $6.5bn via Mileage Prog Backed Debt

Hyundai, Bangkok Bank, AVIC Launch $ Bonds; UBS Mulls Merger with Credit Suisse; Delta to Raise $6.5bn via Mileage Prog Backed Debt

Wall Street gained overnight after more than a week of losses on news that drugmakers are making progress on coronavirus vaccines. AstraZeneca announced the resumption of its advanced clinical trials while Pfizer and BioNTech proposed expanding their joint Phase 3...
OCBC US, China Merchants Bank, BOSC Launch $ Bonds; Chinese Government Bonds Likely To Be Included In WGBI Later This Month, Triggering Huge Inflows

OCBC US, China Merchants Bank, BOSC Launch $ Bonds; Chinese Government Bonds Likely To Be Included In WGBI Later This Month, Triggering Huge Inflows

WallStreet continues the rally with encouraging economic data and progress in the US fiscal stimulus talks making major indices hit new records. The US ISM manufacturing index for August rose to 56 from 54.2 which was larger than expected. Nasdaq continues to...
Tata Motors Downgraded; BoE Ramps Up Purchases by £100bn; ECB Offers Loans to Banks at -1%

Tata Motors Downgraded; BoE Ramps Up Purchases by £100bn; ECB Offers Loans to Banks at -1%

Market sentiment is mixed at the end of the week after the US jobless claims report stayed above one million and reduced the hope for a V-shaped recovery. Investors see economic damage as an unavoidable consequence of rising coronavirus cases despite the Trump...
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