Page 112 - Bon News Today

(Bloomberg) -- South Korea’s export growth slowed in January as a renewed outbreak of Covid-19 weighed on demand for manufactured goods and as gains stabilized from the large increases of the previous year. Exports rose 15.

India doubled down on its spending commitment, relying on an already swamped debt market to borrow and spend big to spur growth. Bonds tumbled and stocks rose.

European markets are awash with hawkish enthusiasm, as traders bet on the fastest pace of policy tightening in more than a decade from the Bank of England and the European Central Bank ahead of their rate decisions on Thursday.

(Bloomberg) -- The Bank of Japan shouldn’t view the issuing of a digital currency as a monetary policy option as doing so could severely damage the economy, according to a former BOJ official who led research into digital money.

(Bloomberg) -- Turkey President Recep Tayyip Erdogan promised the country would continuing cutting interest rates, suggesting that lower inflation will follow.

(Bloomberg) -- Australia’s central bank will jettison its 15 month-old quantitative easing program and revise up its inflation forecasts, setting the stage for an interest-rate hike in the third quarter, economists say. The Reserve Bank will keep its cash rate at 0.

(Bloomberg) -- Walgreens Boots Alliance Inc. has kicked off the sales process for its Boots international drugstore unit as fresh buyout firms, including Sycamore Partners, consider bids, said people with knowledge of the matter.  The U.S.

(Bloomberg) -- Portugal is holding early parliamentary elections on Sunday and will pick a prime minister to oversee the economy’s recovery from the pandemic.

(Bloomberg) -- Sergio Mattarella was re-elected as Italy’s president, offering relief to investors by setting up former European Central Bank head Mario Draghi to remain prime minister.

(Bloomberg) -- Canada’s stock market rallied 22% in 2021, but investors are betting on more gains as they shift from volatile growth stocks.