NEW YORK, March 27 (Reuters) – Trading volumes of emerging
market debt edged just slightly higher in 2013 versus the prior
year, reflecting investor concerns over changing monetary
policies and global economic growth prospects, a new survey
showed on Thursday.
The volume of emerging market debt rose to $5.571 trillion
last year, an increase of just 0.22 percent versus the $5.559
trillion that changed hands in 2012, according to EMTA, the
trade association for the emerging markets debt trading
NEW YORK (Reuters) – Mergers and acquisitions activity among developed and emerging markets fell to a record low in 2013, dropping 17.3 percent versus the prior year due to still fragile economic growth and rising political unrest, a new survey showed on Tuesday.
U.S. companies, while still chalking up the most purchases of emerging market assets, saw their M&A activity shrink last year with 220 deals completed versus 226 in 2012, according to audit, tax and business advisory services firm KPMG.
UNITED NATIONS (Reuters) – Russian and Ukrainian defense officials have made contact in an effort to reduce potential armed confrontation in Crimea, the United Nations said on Thursday, indicating some movement toward defusing the worst East-West conflict since the end of the Cold War.
“The secretary general was encouraged that we see, like we saw today, a working level, if I can call it that, between senior defense officials to de-escalate some of the flashpoints that we saw in Crimea,” the spokesman for U.N. Secretary-General Ban Ki-moon said in a teleconference briefing with reporters from Moscow.
NEW YORK, March 18 (Reuters) – A modest easing of
geopolitical tension in Ukraine and a slight increase in U.S.
Treasury yields took some premium away from the euro on Tuesday,
sending it down against the U.S. dollar and the yen.
The Chinese yuan deepened its month of losses against the
greenback on more signs of problems with a slowing economy and a
heavily indebted corporate sector. The yuan’s weakness was seen
as a benefit for the yen, helping lift it against the greenback.