


Fund Manager Setting Sights on Higher Rates in Australia
Joining the spew of global central banks that have, in the past week, hiked interest rates or put out statements that they will do so in the near future, the Reserve Bank of Australia is expected to start lifting rates in the second quarter of 2018 by Ellerston...
HNA Group Repurchases its Bonds as Prices Tumble on Bank Support Concerns
The US$300 million 8.875% bonds issued just last month by HNA Group International Co., a unit of HNA Group Co., fell to about 93 cents on the dollar earlier this week. Despite the company assuring markets that it would not default on borrowings in the near...
Philippines Wins a Fitch Upgrade as its Largest Lender Issues the Country’s First Green Bond
Fitch Ratings announced on Monday a one-notch rating upgrade for the Republic of Philippines to ‘BBB’ from ‘BBB-‘, with stable outlook. This came on the back of the country’s continued strong and consistent macroeconomic performance, underpinned by sound policies...
Fed Set to Raise Rates with Strong Jobs Report
Providing the latest snapshot of the American economy, the U.S. Labor Department released its monthly nonfarm payrolls (“NFP”) jobs report on Friday morning U.S. time. Data showed that employers hired workers at a healthy rate in November, with NFP rising a...