State Grid, Sunac, Ronshine Launch $ Bonds; Tesla & Netflix Upgraded; Vedanta’s Outlook Lowered
Sentiment soured overnight on Wall Street as democrats and republicans argue over the stimulus plan, raising doubts about whether an agreement can be reached by Friday when millions of Americans stand to lose unemployment benefits. US consumer confidence slipped to...
Adani Ports, CCB, Country Garden Launch $ Bonds; Greenland’s State Backers Planning Stake Sale
Wall Street rallied on expectations of a congressional approval of further stimulus and a dovish Fed this week. The new package of $1tn, which is in the works still has some opposition from fiscal conservatives as well as the Democrats who passed a $3tn plan back in...
Tesla Upgraded; Asian Investors Pile Up on Long Tenor Bonds; Deep Dive on Sovereign Ratings
Sentiment has soured overnight in Wall Street as an unexpected increase in the US initial jobless claims number by 109K to 1.416mn, raised concerns that the recent lockdowns are stalling the economic recovery. Spiking coronavirus cases and rising US China tensions...
Globe Telecom & Redsun Launch $ Bonds; Carnival Issues Bonds at Over 10%; Modern Land China & Yango Launch Tender Offers
Another good session overnight on Wall Street as hopes for the Covid-19 vaccine along with Goldman Sachs’ strong quarterly results outweighed any concerns over surging coronavirus cases or US-China tensions over Hong Kong. European shares fared better with the...
