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United Kingdom

Marc Jones

GLOBAL MARKETS-Stocks set for best month ever, dollar and gold pay the price

30 Nov 2020

LONDON/SYDNEY, Nov 30 World shares paused on Monday to assess a record-breaking month as the prospect of a vaccine-driven economic recovery next year and yet more free money from central banks eclipsed immediate concerns about the coronavirus pandemic.

GLOBAL MARKETS-Stocks set for best month ever, dollar and gold pay the price

30 Nov 2020

LONDON/SYDNEY, Nov 30 World shares paused on Monday to assess a record-breaking month as the prospect of a vaccine-driven economic recovery next year and yet more free money from central banks eclipsed immediate concerns about the coronavirus pandemic.

GLOBAL MARKETS-Equity investors take stock of best month ever

30 Nov 2020

LONDON/SYDNEY, Nov 30 World shares paused on Monday to assess a record-breaking month as the prospect of a vaccine-driven economic recovery next year and yet more free money from central banks eclipsed immediate concerns about the coronavirus pandemic.

Fitch downgrades Sri Lanka on rising default risk

28 Nov 2020

LONDON Fitch downgraded Sri Lanka's sovereign credit rating to "CCC" on Friday, warning the country's debt levels were set to soar past 100% of GDP and that it was increasingly at risk of default.

UPDATE 2-Fitch downgrades Sri Lanka on rising default risk

27 Nov 2020

LONDON, Nov 27 Fitch downgraded Sri Lanka's sovereign credit rating to "CCC" on Friday, warning the country's debt levels were set to soar past 100% of GDP and that it was increasingly at risk of default.

GLOBAL MARKETS-Stocks reach records; dollar settles lower

27 Nov 2020

LONDON, Nov 27 World stocks remained on course for their best month ever on Friday as recent vaccine progress, Joe Biden's U.S. presidential election win, hopes for further stimulus, a commodity surge and descending dollar all lifted the spirits.

GLOBAL MARKETS-Stocks rack up the records, dollar sings the blues

27 Nov 2020

LONDON, Nov 27 World stocks remained on course for their best month ever on Friday as recent vaccine progress, Joe Biden's U.S. presidential election win, hopes for further stimulus, a commodity surge and a weak dollar all lifted the spirits.

UPDATE 1-Thai central bank concerned about baht leap, but no pressing need for QE

24 Nov 2020

LONDON, Nov 24 Thailand's central bank governor said on Tuesday the speedy rise of the country's baht currency was causing concern, but played down the chance of launching unconventional measures such as mass bond purchases any time soon.

Global dividends forecast to inch back from coronavirus cliff edge

23 Nov 2020

LONDON Dividend payouts by the world's biggest firms in 2020 will fall by 17.5%-20%, equivalent to some $263 billion, as a result of the coronavirus crisis, a report on Monday forecast, but could rebound strongly next year.

Turning the tide? The Turkish lira's traumatic year

19 Nov 2020

LONDON/ISTANBUL The battered lira was threatening to propel Turkey into full-blown crisis earlier this month, but a change of finance minister and central bank governor and the currency has just enjoyed its best week in nearly two decades.

World News