Foreigners turn net sellers of Asian bonds in February on coronavirus fears

“Foreign holders were also concerned about Asia FX weakness, especially currencies most-reliant on exports and tourism. Expectations of lower tax receipts and announced stimulus packages suggest larger bond supply ahead and higher fiscal risks.” said Duncan Tan, a strategist at DBS Bank.

UPDATE 1-Foreigners turn net sellers of Asian bonds in February on coronavirus fears

“Foreign holders were also concerned about Asia FX weakness, especially currencies most-reliant on exports and tourism. Expectations of lower tax receipts and announced stimulus packages suggest larger bond supply ahead and higher fiscal risks.” said Duncan Tan, a strategist at DBS Bank.

Foreigners sell $9 bln worth of Asian equities so far in March

“With the outbreak only just starting to spread in Europe and the United States, further outflows can be expected even as infections appear to be under control in China,” said Khoon Goh, head of Asia research at ANZ.

TV News Roundup: Quibi Releases Chance the Rapper’s ‘Punk’d’ Revival Trailer

Netflix revealed the official trailer for new documentary “LA Originals,” which focuses on the partnership between photographer Estevan Oriol and tattoo artist Mister Cartoon and their impact on hip-hop and street art culture in Los Angeles. Working with big names such as Snoop Dogg, Eminem, Blink-182, No Doubt and The Beastie Boys, the film shows how […]

NHS is ‘bowled over’ after 750,000 people sign up for volunteer army to fight coronavirus in just FIVE days

In a video posted on the Crowdfunder page, the X-Men star said: ‘We have all heard stories about doctors and nurses having to buy their own personal protective equipment (PPE) from the internet or DIY stores and the products aren’t good enough and, frankly, nor is the situation.

Wu-Tang’s RZA Is With Hillary Clinton: ‘She’s the Smartest One in the Room, Yo!’

RZA’s touring a hybrid project that, in some ways, is the ultimate culmination of his hip-hop career and the cinematic influences that helped shape it. In RZA: Live From the 36th Chamber of Shaolin, he lovingly pairs a contemporary hip-hop soundtrack with Liu Chia-liang’s 1978 martial-arts classic about a monk, San Te (Gordon Liu), on […]

Tottenham chairman slammed for coronavirus staff shut down after million-dollar bonus

“Having already taken steps to reduce costs, we ourselves made the difficult decision, in order to protect jobs, to reduce the remuneration of all 550 non-playing directors and employees for April and May by 20 per cent,” Levy said in a statement on Spurs’ website.

What we loved, gasped at, and were disappointed by in the World Cup

Dobell: The finish. It feels untidy. It doesn’t feel fair to New Zealand, who were simply unlucky, or England, who deserve unstinting praise but may now not receive it because of the manner in which their victory was achieved. I’d have been happy to see the trophy shared. Might it not have set quite a […]

South Korean bonds lead foreign inflows into Asian bonds in January

Indian bonds faced the third straight month of net selling as inflation surprised further on the upside, breaching the upper limit of the RBI’s 2%-6% target band, Khoon Goh, head of Asia research at ANZ Banking Group, said in a report.

Babar Azam is beating himself up so he gets better

FacebookTwitterFacebook MessengerPinterestEmailprintSaw that Babar Azam innings in Taunton? Saw what it did to everyone? That epidemic of swooning and poetry-writing it produced in cricket’s many languages? About his serene stillness in the tumult of the pit, whether while cover-driving or backfoot-defending or just being Babar. Slight of frame, dark of brow beneath helmet, all clean […]