Today: July 04, 2024
Today: July 04, 2024

Latest From Marc Jones

Economy|Environment

Development banks get ratings boost on climate clauses and hybrid bonds

The World Bank and other top development banks got a double boost on Tuesday as Fitch said debt payment freezes for climate-disaster hit countries would not hit the

Development banks get ratings boost on climate clauses and hybrid bonds
Business|Economy

World Bank Group kicks off $20 billion annual guarantee push

The World Bank Group said on Monday it had started operating a new one-stop-shop loan and investment guarantee platform which it hopes will triple the provision of

World Bank Group kicks off $20 billion annual guarantee push
Economy|News

BIS sends government debt warning before important elections

The Bank for International Settlements warned on Sunday that rising government debt levels amid a number of major elections this year could roil global financial

BIS sends government debt warning before important elections
Economy

Vulnerable countries need debt relief 'now or never', new report warns

A new report has called for a radical global effort this year to help vulnerable countries fend off financial meltdown and climate change, including widespread debt

Business|Economy|Technology

Central banks must prepare for profound impact of AI, BIS says

Central banks should embrace the benefits of artificial intelligence (AI) the Bank for International Settlements (BIS)has said, but stressed the technology should not

Central banks must prepare for profound impact of AI, BIS says
Health|News|World

Ukraine's bionic limb center expands as war grinds on

A Ukrainian center that provides free bionic and prosthetic limbs to soldiers maimed by Russian shells has expanded its main hospital and intends to open others in the

Ukraine's bionic limb center expands as war grinds on
Economy|News|Political

What happens next in Ukraine's debt restructuring?

Talks between Ukraine and its international bondholders designed to cut its debt to help finance its war effort ground to a halt on Monday after the two sides failed to

What happens next in Ukraine's debt restructuring?
Business

Countries closing in on digital currencies but US lagging, study shows

A total of 134 countries representing 98% of the global economy are now exploring digital versions of their currencies, with over half in advanced development, pilot

Countries closing in on digital currencies but US lagging, study shows
Business

Citi sees 5% dollar jump if Trump clean sweeps U.S. election

Analysts at investment bank Citi have predicted a 5% jump in the dollar and a selloff in bond markets if a Donald Trump-led Republican Party clean sweeps the U.S.

Citi sees 5% dollar jump if Trump clean sweeps U.S. election
Business

US inflation data stalls stocks, bitcoin in neutral after ETF green light

World stock markets tapped the brakes on Thursday as traders digested the latest U.S. inflation data and amid widespread excitement in the crypto world after the

US inflation data stalls stocks, bitcoin in neutral after ETF green light
Business

IMF chief urges more proactive push for central bank digital currencies

The head of the International Monetary Fund has urged countries to make a more proactive push to develop central bank digital currencies (CBDC).

IMF chief urges more proactive push for central bank digital currencies
Business

Shares push higher as bulls cheer lower borrowing costs

The bulls remained in charge on Thursday as bets that major central banks are now done with rate hikes and the recent slide in oil prices kept global borrowing costs

Shares push higher as bulls cheer lower borrowing costs
Economy

Central banks on brink of victory in inflation fight - BIS

Central banks are on the brink of victory in the fight to bring the global surge in inflation back under control, the Bank for International Settlements said on Monday

Central banks on brink of victory in inflation fight - BIS
Economy

Europe shakes off the New Year blues

Gains in Europe and data from China helped equity markets shake off their New Year blues on Thursday as the latest signals from the U.S.

Europe shakes off the New Year blues
Economy

Markets in 2023: Soaring stocks and roaring bonds defy the doubters

This year might go down as one of the most unusual ever in financial markets - mainly because everything seems to have come good despite a lot of turbulence and many

Markets in 2023: Soaring stocks and roaring bonds defy the doubters
Economy

Shares struggle after Wall Street wobble, bonds roar on

Share markets had an end of year wobble on Thursday, while bonds completed a remarkable round trip for the year on the consensus view that large parts of the world

Shares struggle after Wall Street wobble, bonds roar on
Economy

Analysis-US and China remain top credit ratings to watch in 2024

The U.S. and China on downgrade warnings, Turkey hoping for its first upgrade in a decade and Israel facing its first cut - plus more than 50 elections to navigate -

Analysis-US and China remain top credit ratings to watch in 2024
Economy

Top development banks, funds set up 'debt-for-nature' task force

A consortium of top multilateral development banks (MDB) and climate funds launched a global "task force" on Monday to scale up the number and size of 'debt-for-nature

Top development banks, funds set up 'debt-for-nature' task force
Economy

Exclusive-World's top MDBs to forge debt-for-nature swap 'task force' - sources

The world's top multilateral development banks are set to launch a global "task force" at the COP28 climate summit in the coming days to scale-up the number and size

Exclusive-World's top MDBs to forge debt-for-nature swap 'task force' - sources
Economy

New ECB rating agency Scope puts greater weight on euro zone protection mechanisms

Scope, Europe's first ECB-approved credit ratings agency, promises to put more weight on the euro zone's improved ability to navigate crises although it has concerns

New ECB rating agency Scope puts greater weight on euro zone protection mechanisms
Economy

Stocks maintain November reign, oil nagged by OPEC doubts

World equity markets added to their best month since the COVID vaccine breakthroughs of late 2020 on Thursday as Europe digested another far-right election shock and

Stocks maintain November reign, oil nagged by OPEC doubts
Economy

Risk rally stalls as bullish investors take breather

World stocks fell for the first time in five sessions, oil slipped and the dollar saw a slight lift on Thursday, as markets continued to assess the prospect of falling

Risk rally stalls as bullish investors take breather
Economy

Red October rumbles on as U.S. bond yields touch 5%

Red October rumbled on in world markets on Friday as the sight of U.S. government bond yields hitting 5% for the first time since 2007 amid an increasingly threatening

Red October rumbles on as U.S. bond yields touch 5%
Economy

Markets in Q3: Gains, pains and oil reigns

The equation for financial markets over the last few months has been simple and painful: A near 30% surge in oil prices + a steep rise in borrowing costs = a

Markets in Q3: Gains, pains and oil reigns
Economy|News|Political

Mexico, South Africa and India deliver political punch to markets

A clobbering for South Africa's, Mexico's and even India's heavyweight markets in recent days has proved without doubt that politics can still deliver an unexpected

Mexico, South Africa and India deliver political punch to markets

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