By Samuel Shen, Tom Westbrook and Rodrigo Campos SHANGHAI/SINGAPORE/NEW YORK (Reuters) – The crash in U.S. crude prices has turned a reliable commodity less than worthless and given fresh urgency to bearish voices, who say it sounds alarm bells for global growth and are bracing for a catastrophic collapse in asset prices. Markets are already […]
TORONTO (BLOOMBERG) – Singapore’s first-ever sale of bonds to finance infrastructure projects is ideally timed as signs the global recovery is stuttering revs up demand for top-rated debt. The new 30-year securities should appeal to investors due to escalating concerns about Chinese bonds amid the Evergrande crisis and fears for global growth given a surge […]
U.S. President Donald Trump promised to end the “American carnage” and to “Make America Great Again” at his inauguration in 2017, but many of the things he promised in his speech remain unfulfilled as he fights for a second term in office. The coronavirus pandemic has given new meaning to the idea of “American carnage,” […]
