China asked banks to rein in credit on bubble fears, FT reports


BEIJING (BLOOMBERG) – China’s central bank asked lenders to rein in credit supply on concern the surge in loans is fueling asset bubbles, the Financial Times reported. The People’s Bank of China in February told banks to keep new loans in the first quarter roughly […]

China's economic activity surges a year after Covid-19 lockdown


BEIJING (BLOOMBERG) – China’s economic activity surged in the first two months of the year, underscoring the strength of its V-shaped recovery a year after the world’s first coronavirus lockdown. The official figures released on Monday (March 15) are distorted by comparisons from a year […]

German, most other euro zone bond yields hit multi-month highs


* Euro zone periphery govt bond yields LONDON, Feb 15 (Reuters) – Most euro zone bond yields rose to multi-month highs on Monday with investors betting on a brighter economic outlook and a pick-up in inflation as oil prices rose to their highest level […]