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Thursday, 21 June 2018

Markets

A 1Malaysia Development Berhad (1MDB) billboard

Malaysia seeks multiple charges against Najib over 1MDB

20 June 2018

(Reuters) Embezzlement and bribery with government money are among the charges that Malaysia is looking to bring against former prime minister Najib Razak, Prime Minister Mahathir Mohamad said.

ECB Exit

ECB to end bond buys but signals rate hike is distant

14 June 2018

(Reuters) The European Central Bank announced on Thursday it would wrap up its unprecedented bond purchase scheme by the close of the year, its biggest step in dismantling crisis-era stimulus a decade after the start of the eurozone’s economic downturn.

Euro bills

AllianceBernstein launches global financials fund

13 June 2018

AllianceBernstein has launched a global financial credit fund to focus on subordinated debt, including Additional Tier 1.

Investors get overweight on equities: survey

12 June 2018

Decoupling is back in vogue in the US, with equity investors overweight the US for first time in 15 months, a Bank of America Merrill Lynch survey of fund managers said on Tuesday.

US dollar bills

Tax reform helps push share buybacks to record: BAML

05 June 2018

Share buybacks reached the highest level on record in the first quarter, buoyed by tax reform as US companies funded the purchases with repatriated cash from overseas, according to BAML.

European Central Bank (ECB) headquarters

COMMENT: ECB-Political sensitivity favours QE taper/end scenario

05 June 2018

A breakdown of government bond purchases for May received a lot of attention late yesterday after its release, although the information was open to various interpretations..

Two juvenile kangaroos dance around each other as they fight in Namagi National Park near Australia's capital city Canberra.

Australia charges bankers with cartel offences

05 June 2018

Australia’s competition watchdog has hit several current and former Citigroup and Deutsche Bank executives with criminal cartel charges as part of its action over Australia and New Zealand Banking Group’s share placement in 2015.