BEIJING/HONG KONG (Reuters) – The China Investment Corp (CIC) sovereign wealth fund booked a 14.27% net return on overseas investment in 2021 in U.S. dollar terms, it said on Friday.…
By Adam Jourdan BUENOS AIRES (Reuters) – Ratings agency Fitch on Wednesday downgraded Argentina’s long-term sovereign credit rating by a notch to ‘CCC-‘ from ‘CCC’, citing deep macroeconomic imbalances and…
By Hari Kishan BENGALURU (Reuters) – Turmoil in global sovereign bond markets is set to persist for another six months to a year as central banks carry on raising interest…
(Reuters) -Global ratings agency Fitch cut Pakistan’s sovereign credit rating on Friday by a notch to ‘CCC+’ from ‘B-‘, citing further deterioration in the country’s external liquidity and funding conditions…
By Anshuman Daga and Yantoultra Ngui SINGAPORE (Reuters) – Indonesia’s sovereign wealth fund has garnered more than $20 billion of co-investments from funds including Singapore’s GIC and Abu Dhabi Investment…
By Hari Kishan BENGALURU (Reuters) – The latest turmoil in major sovereign debt markets is far from over as bond strategists in a Reuters poll expected yields to stay elevated…
LONDON (Reuters) – A panel of investors on Friday determined Ukraine had triggered a restructuring event after a two-year sovereign debt freeze, and a default insurance known as Credit Default…
By Simon Jessop LONDON – Three quarters of the world’s sovereign wealth funds now have a formal policy on environmental, social and governance investing, yet just 30% have set a…
JAKARTA – China’s Silk Road Fund (SRF) has signed an agreement to invest up to 20 billion yuan ($2.99 billion) in Indonesia’s sovereign wealth fund, the funds said on Monday,…
BENGALURU – Reuters polled more than 100 fixed-income strategists covering major sovereign bond markets from around the world during the closing weeks of one of the worst first half of…
By Marc Jones LONDON – A senior official at the World Bank has ramped up its calls for changes in sovereign debt laws so governments have more control when crises…
DAVOS, Switzerland – While government debt levels are climbing around the world, with debt burdens in emerging markets rising rapidly, so far there is not evidence of a systemic debt…
By Karin Strohecker and Jorgelina do Rosario LONDON – The prospect of a Russia sovereign default is moving centre stage again with a deadline for a U.S. license allowing Moscow…
LONDON -A derivatives panel has ruled on Wednesday that Russia could be in default after it failed to make a payment due on April 4 in U.S. dollars on two…
LONDON – Global government debt is set to rise 9.5% this year to a record $71.6 trillion, driven by the United States, Japan and China, asset management firm Janus Henderson…
LONDON – The United States has blocked the Russian government from paying owners of its sovereign debt from reserves held at U.S. banks, raising the spectre of default unless Russia…
MEXICO CITY – Mexico’s financial stability council said on Wednesday that there is risk of credit rating action on the ratings for the sovereign and state oil firm Petroleos Mexicanos…
NEW YORK – Credit ratings agency Fitch said on Tuesday that if Russia were to make two U.S. dollar bond coupon payments due Wednesday in roubles, it would constitute a…
– Credit rating agency Scope cut Russia’s sovereign debt ratings to BB+ on Tuesday and placed them under review for further downgrade, citing “severe strengthening” of the sanctions imposed on…
LONDON – Tough Western sanctions on Russia and rhetoric from Moscow have raised doubts about whether the Russian government and the country’s companies will continue to make payments on their…
By Marc Jones LONDON – The risk of material credit rating pressures from the current tensions between Russia and Ukraine is low, Moody’s said on Wednesday, unless the situation continues…