China‘s credit expansion was the weakest in more than a year last month, dragged down by slower government bond sales and sluggish borrowing demand across the economy. Aggregate financing, a broad measure of credit, increased $115 billion in October, according to Bloomberg calculations based on data released by the People’s Bank of China on Thursday….
By Kevin Buckland TOKYO (Reuters) -Japan’s bond market faces stern tests this week, from domestic political ructions and a possible hawkish shift at the central bank to global risks stemming from the Federal Reserve. Japan’s long-dated government bond (JGB) yields remain near record peaks after the ruling coalition lost its majority in upper house elections….
BANGKOK – Shares were mixed Wednesday in Europe and Asia after an update on U.S. inflation pulled most Wall Street stocks lower, though gains for Nvidia pushed the Nasdaq to another record. The report showed inflation in the United States accelerated to 2.7% last month from 2.4% in May. Economists said higher prices for clothes,…