Author: Ritu
Indian bond yields surge as government borrowing balloons
By Ritu, Capital Sands India’s benchmark 10-year bond yield surged on Monday following the government’s decision to sharply increase market borrowing amid a major hit to the economy and public fin... Read More
Pound Climbs After BOE Maintains Size of Bond-Buying Program
By Ritu, Capital Sands The pound rallied after the Bank of England refrained from boosting its bond-buying program and held its benchmark interest rate steady. Sterling recovered from a two-week low a... Read More
Euro zone set for record recession, inflation to vanish
By Ritu, Capital Sands The euro zone economy will contract by a record 7.7% this year because of the COVID-19 pandemic and inflation will almost disappear while public debt and budget deficits will ba... Read More
Sensex, Nifty track global surge as lockdowns eased
By Ritu, Capital Sands Indian shares, led by Reliance Industries and HDFC Bank, tracked world markets higher on Tuesday, as the easing of coronavirus lockdowns in some countries spurred hopes of a res... Read More
Nifty, Sensex soar on COVID-19 drug hopes, set for best month since 2009
By Ritu, Capital Sands Indian shares jumped more than 3% on Thursday and were set for their best month in nearly 11 years, as sentiment improved on promising early results from a COVID-19 drug trial, ... Read More
Euro zone lending surges to decade-high amid pandemic lockdown
By Ritu, Capital Sands Lending to euro zone companies surged in March as firms rushed for emergency funding amid the continent’s coronavirus-related lockdown, data from the European Central Bank... Read More
UK PM Johnson under fire over handling of coronavirus crisis
By Ritu, Capital Sands British Prime Minister Boris Johnson on Wednesday faced a call for an inquiry into his government’s handling of the coronavirus crisis after failing to fully explai... Read More
Tokyo seeks shop shutdowns, Kyoto warns tourists away as coronavirus threatens Japan economy
By Ritu, Capital Sands Metropolitan Tokyo asked some businesses to close and the ancient capital of Kyoto warned tourists to stay away as Japan battles a fast-spreading outbreak of the new coronavirus... Read More