Edition:
India

Tom Arnold

Turkey's tumbling lira tests Erdogan's rate resolve

06 Aug 2020

ISTANBUL/LONDON Turkish central bank head Murat Uysal has stuck to the rate-cutting script since President Tayyip Erdogan hired him to lift Turkey out of a recession and currency crisis.

Argentina strikes $65 billion debt deal to avert hard default

05 Aug 2020

LONDON/BUENOS AIRES Argentina has reached an agreement with creditors to restructure around $65 billion in sovereign debt, breaking a deadlock in talks that will help the country climb out of default and banish fears of a damaging and protracted legal standoff.

Weak dollar no boon for emerging markets this time

04 Aug 2020

LONDON/NEW YORK Typically a boon for emerging markets, this year's plunge in the U.S. dollar may fail to boost the developing world's prospects as the raging pandemic hits economic activity, increases poverty and exposes weak policymaking.

Argentina creditors seek global support for bond clause changes

02 Aug 2020

NEW YORK/LONDON A group of Argentina's creditors has contacted the Institute of International Finance and other global bodies for support to amend legal clauses in its sovereign bond restructuring, a spokesman for the organisation said.

Argentina creditors seek global support for bond clause changes

02 Aug 2020

NEW YORK/LONDON A group of Argentina's creditors has contacted the Institute of International Finance and other global bodies for support to amend legal clauses in its sovereign bond restructuring, a spokesman for the organisation said.

Argentina creditors seek global support for bond clause changes

02 Aug 2020

NEW YORK/LONDON, Aug 2 A group of Argentina's creditors has contacted the Institute of International Finance and other global bodies for support to amend legal clauses in its sovereign bond restructuring, a spokesman for the organisation said.

JPMorgan's development finance arm structures first deal

01 Aug 2020

LONDON JPMorgan's 's development finance institution has structured its first deal, a $250 million five-year green bond for a power firm in Georgia, as it targets $100 billion for development projects annually, executives say.

RPT-GRAPHIC-Fresh lira slide rekindles crisis fears for Turkey

30 Jul 2020

LONDON, July 30 Turkey's lira is back in the spotlight. After two months of stability, the currency is testing the 7-per-dollar threshold and tumbling to record lows versus the euro, rekindling memories of the August 2018 lira meltdown.

GLOBAL MARKETS-Stocks fall as Fed's pledge relief rally fades

30 Jul 2020

LONDON, July 30 Global shares fell on Thursday as the Federal Reserve's pledge to use all its tools to support the U.S. economy failed to reassure investors uneasy about a stalemate on fiscal support and rising coronavirus cases.

GLOBAL MARKETS-Stocks fall as Fed's pledge relief rally fades

30 Jul 2020

LONDON/SYDNEY, July 30 Global shares fell on Thursday as the Federal Reserve's pledge to use all its tools to support the U.S. economy failed to reassure investors uneasy about a stalemate on fiscal support and rising coronavirus cases.

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