Sebastian Tong

Articles

November 26, 11:37am EST
UPDATE 1-Saudi-backed GIB pulls bond sale on Dubai debt move 

LONDON, Nov 26 (Reuters) - A dollar bond sale by Saudi-backed Gulf International Bank (GIB) was pulled after Dubai's move to delay repayment on billions of dollars of debt owed by its two flagship firms, sources said on Thursday.  Full Article 

November 26, 11:03am EST
Saudi-backed GIB pulls bond sale on Dubai debt move-sources 

LONDON, Nov 26 (Reuters) - A dollar bond sale by Saudi-backed Gulf International Bank (GIB) was pulled after Dubai said it was seeking to delay repayment on billions of debt owed by its two flagship firms, sources said on Thursday.  Full Article 

November 19, 03:33pm EST
FACTBOX: Capital controls on the rise around the world 

LONDON (Reuters) - Authorities from Brasilia to Moscow to Jakarta are moving to curb what they say are 'hot money' speculative flows fuelling rapid currency appreciation and destabilizing their recovering economies.  Full Article 

November 19, 03:32pm EST
FACTBOX-Capital controls on the rise around the world 

LONDON, Nov 19 (Reuters) - Authorities from Brasilia to Moscow to Jakarta are moving to curb what they say are 'hot money' speculative flows fuelling rapid currency appreciation and destabilising their recovering economies.  Full Article 

November 05, 08:25pm EST
UPDATE 1-Brazil to use capital flows for FX reserves-cenbanker 

* G20 to discuss FX regimes, exit strategies (Adds details, background)  Full Article 

October 20, 11:26am EDT
EMERGING MARKETS-Shares hit new year high, currencies off peaks 

* Hungary's forint backs off after hitting nine-month highs  Full Article 

October 19, 11:40am EDT
EMERGING MARKETS-Up on commodities; Turkey recovers 

* Weaker dollar, stronger commodities spur emrg market gains  Full Article 

October 16, 09:45am EDT
UPDATE 1-Money market fund exodus hits 94 pct of '08 inflow-EPFR 

LONDON/NEW YORK, Oct 15 (Reuters) - About 94 percent of the cash that sought safety from the global financial crisis last year has returned to equity and bond markets in 2009, according to data compiled by fund tracker EPFR.  Full Article 

September 30, 04:25pm EDT
Rexiter sees gains in Hungary, Polish local debt 

LONDON (Reuters) - Hungarian and Polish local debt offers investors potential gains, a fixed income fund manager with emerging-markets specialist Rexiter said on Wednesday.  Full Article 

September 29, 04:51pm EDT
E.Europe bad debt underestimated -EBRD 

LONDON (Reuters) - Eastern Europe's banks have underestimated the value of bad loans they hold in the aftermath of the financial crisis and their impact will be felt across the region next year, the chief economist at the European Bank for Reconstruction ...  Full Article