JPMorgan extends Venezuela’s ‘watch period’ in benchmark bond index
NEW YORK/LONDON (Reuters) – JPMorgan has delayed a key decision on whether to lift the weighting of Venezuela’s bonds in its widely-followed EMBI index series by a month, with the next update…
Most financial institutions in Asia need until 2023 to scrap Libor benchmark
HONG KONG – Most financial institutions operating in Asia will take until next year to remove references to the Libor benchmark in loan agreements, an industry survey found, though most iterations of…
China likely to lower benchmark lending rates after RRR cut – Reuters poll
SHANGHAI – Benchmark lending rates for China’s commercial banks are likely to be lowered at a monthly fixing on Wednesday, a Reuters survey showed, as Beijing cautiously eases monetary conditions to aid…
Russia’s Urals oil at biggest discount to benchmark for 2 years, traders say
MOSCOW – Russia’s flagship Urals oil grade is trading at the biggest discount to global benchmark Brent since spring 2020, hit by rising tensions between Russia and the West over Ukraine, four…
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