Edition:
United Kingdom

Abhinav Ramnarayan

RPT-ANALYSIS-Demand for junk bonds grows, and so do liquidity worries

12 Aug 2019

LONDON, Aug 12 Mutual funds are piling into riskier company debt as the European Central Bank considers further stimulus, raising concern among bankers and investors that some may be caught in a liquidity squeeze when the economic cycle turns.

Demand for junk bonds grows, and so do liquidity worries

12 Aug 2019

LONDON Mutual funds are piling into riskier company debt as the European Central Bank considers further stimulus, raising concern among bankers and investors that some may be caught in a liquidity squeeze when the economic cycle turns.

UPDATE 3-Irish bond spreads widest in nearly 2 months, price Brexit risk

30 Jul 2019

LONDON, July 30 Irish government bond yield spreads over Germany hit their widest in nearly two months on Tuesday, as chances rise of a no-deal Brexit that would cause particular damage to Ireland.

No-deal Brexit worries push Irish bond spreads to widest in over a month

30 Jul 2019

LONDON, July 30 Irish government bond yield spreads over Germany hit their widest levels in over a month on Tuesday, as worries grow over the potential impact of a no-deal Brexit on Ireland.

Mining mogul Agarwal made just 6% profit on Anglo investment: Reuters estimate

26 Jul 2019

LONDON Mining mogul Anil Agarwal pocketed just 6% profit from his 3.5 billion pound ($4.3 billion) investment in Anglo American , held since 2017, even though the underlying shares rose over 50% since then, according to Reuters estimates.

UPDATE 2-Everything but the cut: European bond yields slide on expectations of easing

26 Jul 2019

* Italian bonds underperform on Salvini posturing (Updates prices)

Worldline debt issue takes negative yields to new frontiers

26 Jul 2019

LONDON, July 26 French payments company Worldline broke new territory this week by issuing some of the most negative-yielding debt on record in Europe, showing the levels of market distortion caused by central bank stimulus.

Exclusive: China's SDIC hires banks for $1 billion London IPO - sources

24 Jul 2019

HONG KONG/LONDON China's state-backed energy firm SDIC Power Holdings has hired a pool of three banks to list in London via the newly-minted Stock Connect scheme, three sources told Reuters, a boost for Britain's status as a financial center ahead of Brexit.

EXCLUSIVE-China's SDIC hires banks for $1 billion London IPO - sources

24 Jul 2019

HONG KONG/LONDON, July 24 China's state-backed energy firm SDIC Power Holdings has hired banks to list in London via the newly-minted Stock Connect scheme, three sources told Reuters, a boost for Britain's status as a financial centre ahead of Brexit.

UPDATE 2-Euro zone bond yields inch lower in day of political news

23 Jul 2019

* Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr (Updates prices, adds quotes)

World News

EU rebuffs Johnson's opening Brexit bid

Prime Minister Boris Johnson's demand that the European Union reopen the Brexit divorce deal was rebuffed on Tuesday by the bloc, which said Britain had failed to propose any realistic alternative to an agreed insurance policy for the Irish border.