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Jun 19, 2015

Ukraine says value recovery instrument could help debt deal: finance minister

NEW YORK (Reuters) – Ukraine’s Finance Minister Natalia Yaresko voiced optimism on Friday that introducing an economic growth-related instrument to the debt negotiations with private creditors will help them reach a collaborative agreement.

“I think that the introduction of the value recovery element is something that can help us reach a consensus agreement,” Yaresko told New York-based investors via video conference call arranged by Ukrainian investment bank Concorde Capital.

Jun 19, 2015

Ukraine says value recovery instrument could help debt deal -FinMin

NEW YORK, June 19 (Reuters) – Ukraine’s Finance Minister
Natalia Yaresko voiced optimism on Friday that introducing an
economic growth-related instrument to the debt negotiations with
private creditors will help them reach a collaborative
agreement.

“I think that the introduction of the value recovery element
is something that can help us reach a consensus agreement,”
Yaresko told New York-based investors via video conference call
arranged by Ukrainian investment bank Concorde Capital.

Jun 18, 2015

India’s economic growth potential higher than 7-7.5 percent – finance minister

NEW YORK (Reuters) – Finance Minister Arun Jaitley said on Thursday that economic reforms in the legislative pipeline can push India’s economic growth rate above the 7 to 7.5 percent range.

India’s economy, Asia’s third largest, is expected to grow 7.5 percent this year, according to the latest World Bank forecast, which would make it the world’s fastest growing economy in 2015. The government has a growth forecast of 8.1-8.5 percent while the central bank has a 7.6 percent gross domestic product growth target.

Jun 18, 2015

Indian economic growth potential higher than 7-7.5 pct -finance minister

NEW YORK, June 18 (Reuters) – Indian Finance Minister Arun
Jaitley said on Thursday that economic reforms in the
legislative pipeline can push India’s economic growth rate above
the 7 to 7.5 percent range.

India’s economy, Asia’s third largest, is expected to grow
7.5 percent this year, according to the latest World Bank
forecast, which would make it the world’s fastest growing
economy in 2015. The government has a growth forecast of 8.1-8.5
percent while the central bank has a 7.6 percent gross domestic
product growth target.

Jun 15, 2015

Euro erases early losses; Greece knocks down report

NEW YORK, June 15 (Reuters) – The euro erased losses on
Monday as the shock of a failed negotiation on Sunday between
Greece and its creditors faded and investors turned their focus
toward a U.S. rate decision later in the week.

The euro zone finance minister’s meeting on Thursday now
takes on a greater role for potentially solving the impasse,
which if not rectified could lead to a default by Greece on its
debt obligations.

Jun 15, 2015

Euro loses ground after Greek debt talk failure

NEW YORK (Reuters) – The euro weakened on Monday, undermined by failed efforts over the weekend to break a deadlock in debt negotiations between Greece and its creditors that puts a bigger onus on an upcoming meeting of euro zone finance ministers later this week.

Sunday’s talks between Greece and its international creditors broke up after less than an hour, suggesting still significant differences between the two sides.

Jun 12, 2015

Corporate debt issuers defaulting at fastest pace since 2009 -S&P

NEW YORK, June 12 (Reuters) – Global corporate bond defaults
are running at their fastest pace, year-to-date, since 2009,
Standard & Poor’s said in a study published on Friday.

Fifty companies have defaulted on their bonds, nearly double
the rate of defaults during the same period a year ago. In 2014
there were 60 corporate defaults in total.

Jun 11, 2015

Emerging market debt trading volume at $1.226 trln in Q1 – EMTA

NEW YORK, June 11 (Reuters) – The trading volume of emerging
market debt shrank by 23 percent in the first quarter of 2015
versus the same period a year ago, with weak global trade,
falling commodity prices and erratic capital flows cited for
some of the drop, a new survey shows.

First quarter trading volume of $1.226 trillion also
reflected a decline in the number of firms reporting their data,
EMTA, the association for the emerging markets debt trading
industry said in a statement.

Jun 10, 2015

MSCI puts decision to include China ‘A’ shares’ in index on hold

NEW YORK/SHANGHAI (Reuters) – U.S. index provider MSCI Inc said on Tuesday it will hold off including China-listed shares in one of its key benchmark indexes but expects them to be incorporated once outstanding market accessibility issues are resolved.

The news was seen as a setback for China’s attempts to promote its yuan currency globally and attract foreign capital through a raft of financial reforms.

Jun 3, 2015

U.S. 10-year yield at 7-month peak, in line with Bunds

NEW YORK, June 3 (Reuters) – U.S. Treasury debt yields hit
seven-month highs on Wednesday, bolstered by a solid U.S.
private sector employment report for May and gains in German
bond yields after the European Central Bank raised its inflation
forecast for this year.

Yields on ten-year German Bunds jumped to 0.89 percent
, the highest since late October last year.

    • About Daniel

      "Senior Correspondent covering global financial markets, investing and foreign policy. I'm New York-based with 20+ years of experience in text, TV and radio. My current post lets me roam across all asset classes and geography, from the developed to the emerging markets. I've reported and taught journalism in Asia, Europe, Latin America and the United States."
      Joined Reuters:
      1997
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