Business Blog

Hong Kong SAR has set final price guidance at US Treasuries plus 25bp area (plus or minus 2bp) for a US dollar five-year sukuk, according to a lead manager.

Hong Kong SAR has set final price guidance at US Treasuries plus 25bp area (plus or minus 2bp) for a US dollar five-year sukuk, according to a lead manager.

* U.S. stock prices slide on bets on faster Fed rate hikes* Looming Scottish independence vote unnerves markets* Dollar climbs to six-year peak vs yen* Short-dated U.S. yields approach highest in over 3 years(Updates market action, changes dateline, previous LONDON)By Richard LeongNEW YORK, Sept 10 (Reuters) - U.S. stock prices fell on Wednesday on growing bets the Federal Reserve may raise intere

* GDP grew 2.1 pct on year in Q2 (Reuters poll 2.65 pct)* Finance minister sees threat to 4 pct 2014 target* Lira at weakest since late March* Slower growth will heighten pressure for rate cuts(Adds Economy Minister Nihat Zeybekci)By Ayla Jean Yackley and Behiye Selin TanerISTANBUL, Sept 10 (Reuters) - Turkey&aposs economy grew less than expected in the second quarter, increasing political pressur

ISTANBUL, Sept 10 (Reuters) - Turkey's central bank sold $10 million in a forex auction on Wednesday after receiving bids of $13 million, bank data showed CBTQ . The average price was 2.1972 lira and the lowest price was 2.1964, it said. ...

By Anirban Nag and Sujata Rao LONDON, Sept 10 (Reuters) - The cost of hedging against sharp fluctuations in many emerging-market currencies jumped to multi-month highs on Wednesday, and derivatives markets indicate that bets against them are on the rise...