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KPMG: global mergers and acquisitions may reach a record $6 trillion this year
KPMG said on Monday that global mergers and acquisitions were expected to reach a record $6tn by the end of the year as companies continue to use cheap financing and the economy recovers from the epidemic. Global M & A deals have exceeded $4.3 trillion so far this year, close to the full-year record of $4.8 trillion set in 2015, according to Refinitiv. This figure is up sharply from $3.6 trillion in 2020. Stephen Bates, partner of KPMG and head of trading in Singapore, said that given the pre-epidemic fund-raising activities "
"Southeast Asia Little Tencent" Singapore Donghai Group sells shares and convertible bonds to raise US $6 billion
Singapore online games and e-commerce giant Sea Ltd., known as "Southeast Asia Little Tencent", raised about $6 billion by selling American depositary shares and convertible bonds, the largest ever share sale by a Southeast Asian company. The company sold 11 million American depositary shares (ADS) at $318 per share, raising about $3.5 billion. The price represents a discount of about 1.4 per cent to Thursday's closing price of $322.60. The offering includes a possible over-allotment, which, if executed, will increase to about $4 billion. This is going to be a family.
New housing starts in the United States fell in July, exceeding expectations for an increase in building permits.
New housing starts in the US fell more than expected in July and building permits increased, highlighting how persistent shortages of materials and workers continue to dampen construction activity. Housing starts fell 7% last month to a three-month low of 1.53 million units on an annual basis, according to government data released on Wednesday. However, building permits increased by 2.6% in July. Based on the median forecast from a previous survey of economists, economists expect housing starts to fall slightly to 1.6 million units in July, while building permits are expected to rise. Builders are trying to overcome raw material and labor constraints to build houses and reduce backlogs
JPMorgan Chase & Co lowered his year-end forecast for 10-year and 30-year Treasury yields
JPMorgan Chase & Co, a strategist, lowered his forecast for Treasury yields at the end of the year because the upside for yields has narrowed in the coming months. JPMorgan Chase & Co lowered his 10-year and 30-year Treasury yield forecasts by 20 basis points to 1.75% and 2.40%, respectively. "gradually, we have learned that FOMC's tolerance for inflation overshoot is not as large or lasting as we previously understood," strategists such as Jay Barry wrote in a report on Aug. 6 that the Fed's latest economic forecasts mean that there is a "significant risk" of tightening monetary policy in 2022. So the rate of inflation
The ECB's policy stance puts pressure on the euro and the depressed trend is likely to continue.
The euro has struggled so far this year. This dilemma is likely to continue. Eurozone policymakers rarely showed a unified fiscal policy stance in 2020, boosting the euro, which has been depressed against the dollar so far this year in the absence of positive news. The ECB is in a model where interest rates have been low for a longer time, and its monetary policy stance is particularly dovish in the Gmur10 countries, putting pressure on the euro. European Central Bank President Christine Lagarde has officially said that if she withdraws from the epidemic-resistant bond purchase operation (PEPP), she will switch to a new model, and it is conceivable that a longer-running asset purchase program may
Us Oil fell nearly 4% to step back on 65%, and the rebound of the epidemic overshadowed the prospect of demand recovery.
The original title: us oil fell nearly 4%, want to step back 65%, the rebound of the epidemic clouded the prospect of demand recovery on Monday (August 9), US oil continued the sharp decline last week, falling nearly 4%, due to the rising US dollar. And the market is worried that the introduction of new epidemic control measures in Asia may hinder the recovery of global fuel demand. As of press time, the futures price of US crude oil was down 3.79% at US $65.25 per barrel, while the futures price of Brent crude oil was at US $67.75 per barrel, down 4.17%. Last week, US oil fell nearly 7%, the biggest weekly decline in nine months, and Brent crude oil futures fell 6% to 4%.
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