The Hong Kong government has issued around HKD27.6 billion (USD3.52 billion) equivalent in multi‑currency green and infrastructure bonds, denominated in Hong Kong dollars, renminbi, US dollars and euros. Clifford Chance advised on the issuance. Paul Chan, Hong Kong’s financial secretary, said in a press release: “The issuance of infrastructure bonds by the HKSAR government raises…
British Prime Minister Keir Starmer speaks at the start of a Cabinet meeting to mark the fourth anniversary of Russia’s full-scale invasion of Ukraine, at Downing Street in London, Feb. 24, 2026. Wpa Pool | Getty Images News | Getty Images LONDON — The cost of long-term borrowing for the British government is at its…
Hong Kong Baptist University is “actively considering” issuing bonds to finance its future development, including campus redevelopment and its new Chinese medicine hospital, according to its president. But Professor Alexander Wai Ping-kong also told the South China Morning Post on Thursday that the public institution would be cautious with bond issuance to avoid creating pressure…
Hong Kong’s finance chief has assured the public that the city can manage its debt after proposing the issuance of more bonds to accelerate the development of the Northern Metropolis, expressing confidence in the long-term investment returns from the megaproject. Financial Secretary Paul Chan Mo-po sought to reassure the public during a radio programme on…
Bitcoin is crashing into dangerous territory — and options-fueled selling is adding to the volatility. The largest cryptocurrency dropped as much as 7.6% on Friday to $80,553, deepening a selloff that’s erased nearly 25% of its value this month. November is now shaping up to be Bitcoin’s worst month since the 2022 collapse of Terra…
U.S. Treasury yields were lower on Wednesday as investors welcomed progress on bringing an end to the government shutdown. At 6:00 a.m. ET, the 10-year Treasury yield was down over 2 basis points to 4.085%, while the 2-year note yield fell over 3 basis points to 3.556%. The 30-year bond yield was down 1 basis point to 4.688%. One basis…
The U.S. bond market was closed Tuesday for the Veteran’s day holiday. Yields rose in the previous session as investors grew optimistic about the U.S. government shutdown ending. The Senate passed legislation Monday evening that would fund the government through January. The bill will now be sent to the House of Representatives, and if it…
Wall Street closed out October on a high. AI optimism, solid earnings, and easier financial conditions lifted stocks to their sixth consecutive month of gains while credit just notched its third straight advance. But as risk assets surged afresh, the Federal Reserve sent a quieter, more complicated signal. Source link
U.S. Treasury yields inched higher on Thursday as investors digested the Federal Reserve’s latest interest rate cuts and uncertainty regarding future monetary policy. At 6:22 a.m. ET, the benchmark 10-year Treasury yield was up less than 1 basis point to 4.066%. The 2-year Treasury note yield was also up less than a basis point to 3.59%. Meanwhile, the 30-year bond yield added…
Gold and silver continued to rally this week, despite a Friday tumble, amid renewed trade tensions between the world’s top economies. In China, credit growth slowed, dragged by government bond sales and sluggish loan demand among households and companies. In the US, private-sector gauges of inflation showed signs of tariffs boosting the prices of some…