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OPEC secretary general said the organization still sees strong oil demand growth and will not change its estimates.

2026-06-04

OPEC secretary general said the organization still sees strong oil demand growth and will not change its estimates.

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2026-06-04

Tier-2 perpetual bond issuance by Chinese commercial banks accelerated into June. As of June 3, banks issued 22 Tier-2 perpetual bonds year-to-date totaling 646 bln yuan; April issuance alone was 315 bln yuan, a multi-year high for the month. Market

Tier-2 perpetual bond issuance by Chinese commercial banks accelerated into June. As of June 3, banks issued 22 Tier-2 perpetual bonds year-to-date totaling 646 bln yuan; April issuance alone was 315 bln yuan, a multi-year high for the month. Market participants attribute the pickup to faster regulatory approvals, a low-rate window that lowers funding costs, and special government bond injections supporting bank capital. YTD issuance yields have declined sharply versus the same period in 2025, with a minimum of 1.9% and an average of 2.03% through June 3. Tianfeng Securities’ fixed-income chief analyst Tan Yiming said funds were the main buyers in May, drawn by relatively wider credit and product spreads.
2026-06-03

Israeli Prime Minister NETANYAHU said he and Trump have reached agreement on key issues concerning Iran.

Israeli Prime Minister NETANYAHU said he and Trump have reached agreement on key issues concerning Iran.
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