ECONOMY

MSCI’s benchmark for global equity markets rose 1% this week. However, it reversed track on Friday due to pressure from a surge in U.S. bond yields. In the week of

The euro-zone economy is lagging behind the United States due to the slow vaccine rollout. This got worse due to the suspension of AstraZeneca Plc’s shot in several member states.

New York held on to the top with 764 points. This was based on 65,507 financial centers assessments provided by 10,774 respondents to the Global Financial Centres Index online questionnaire.

Excessive falls in super-long interest rates would affect returns for insurers and pension funds, said Bank of Japan Governor Haruhiko Kuroda. On the other hand, it’s important to keep the