05062016Fri
Last update: Fri, 06 May 2016 09pm

Asia

Markets - Fixed Income - Asia

China November investment growth unchanged at 10.2pc BEIJING: China's fixed-asset investment growth was flat at 10.2 percent year-on-year in the January-November period, slightly beating market expectations.Analysts polled by Reuters predicted investment growth would come in at 10.1 percent, compared with 10.2 percent posted the prior month. Industrial output growth quickened to 6.2 percent in November, the National Bureau of Statistics said on Saturday, surprising analysts who expected a rise of 5.6 percent on an annual basis, from the same level of growth the prior month.Retail sales quickened to 11.2 percent.Analysts had predicted a rise of 11.1 percent on an annual basis after an 11 percent increase the prior month.Copyright Reuters, 2015 ...

Markets - Fixed Income - Asia

China Nov property investment slows further, sales improve BEIJING: Annual growth in real estate investment in China slowed further in November even though sales improved slightly, official data showed on Saturday, suggesting persistent weakness in the property market could undermine a fragile economic recovery.Property investment, a crucial driver of the economy, grew 1.3 percent in the first 11 months of 2015 from a year earlier, slowing from an increase of 2.0 percent in January-October, data from the National Bureau of Statistics(NBS) showed. That ...

Markets - Fixed Income - Asia

Indonesia to sell euro bonds in 1H 2016 JAKARTA: Indonesia plans to issue euro bonds in the first half of 2016, a senior finance ministry official said on Monday.Robert Pakpahan, director general of budget financing and risk management, did not disclose the value of the planned euro bond. Earlier this month, Indonesia raised $3.5 billion in its second global bond issuance in 2015.It said it will use the money as pre-funding for the 2016 state budget for Southeast Asia's largest economy.Copyright Reuters, 2015 ...

Markets - Fixed Income - Asia

India bonds rally on central bank's debt-purchase plan MUMBAI: The Indian central bank's unexpected $1.50 billion debt-purchase announcement sent bonds rallying on Thursday, with traders saying it will relieve tight cash conditions in the banking system and signals an effort to push down yields.The Reserve Bank of India (RBI) late on Wednesday said it would buy bonds worth up to 100 billion rupees ($1.50 billion) via open market operations (OMO).On Thursday, the benchmark 10-year bond yield fell as much as 6 basis points ...

Markets - Fixed Income - Asia

JGBs flat, fail to sustain early gains on soft US data TOKYO: Japanese government bond prices were mostly flat on Wednesday as initial buying following soft US manufacturing data lost steam, with many investors unwilling to chase the market higher near record levels.Ten-year JGB futures ended flat at 148.56. They had risen earlier to 148.66, near a record high of 148.67 touched in January. A closely-watched gauge of US manufacturing showed the sector contracted for the first time in three years.The yield on the cash 10-year ...

Markets - Fixed Income - Asia

China completes offshore yuan bond sale to institutional investors HONG KONG: China completed its sale of 12 billion yuan ($1.57 billion) in dim sum bonds in Hong Kong to institutional investors and central banks on Thursday, the seventh year the Ministry of Finance (MOF) has tapped the market to bolster its development.Four tenors were available, including a 5 billion yuan three-year tranche, a 3 billion yuan five-year tranche and 1 billion yuan each of a 10-year and 20-year tranche.The bonds were priced at 3.29 ...

Markets - Fixed Income - Asia

JGBs firm after solid demand at 20-year sale TOKYO: Japanese government bonds firmed on Wednesday, bolstered by solid demand at a 20-year auction.The yield on the benchmark 10-year cash JGB edged down 1 basis point to 0.305 percent, while the 10-year JGB futures price added 0.16 point to end at 148.53 The yield on 20-year JGBs fell two basis points to 1.065 percent.Japan's Ministry of Finance offered 1.1 trillion yen ($9 billion) of 20-year JGBs, reopening the current issue with a coupon of ...