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The yield on ten-year Treasury bonds - the world's benchmark financial asset - soared from 4.97% to more than 5.13%, the highest since 2007.
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The naira recorded a depreciation against the dollar at the official foreign exchange market on Wednesday. The naira weakened on Wednesday to N1,328.50 per dollar from N1,327.78 exchanged on Tuesday.
The dollar's surge, propelled by strong US economic data, a hawkish Federal Reserve, and surging bond yields, is gathering momentum. An increasingly interventionist US Treasury will not welcome t...
India's largest stock exchange operator recorded a modest trading debut on Thursday, closing 1.9% higher than its issue price after raising $2.35bn in the country's second-biggest initial pu...
Baltic Exchange is pleased to announce that both SGX and European Energy Exchange (EEX) are now offering new Baltic Handysize futures contracts, providing market participants with dedicated tools to…
UK-listed Ashtead Technology said it had received a £500m offer from US private equity firm Ember Infrastructure Management.
After last weeks fixing frenzy with rates jumping into the WS 800’s for Fujairah-GOO eastbound cargoes things have calmed down this week. Source: Fearnleys A.S
