Page 130 - Bon News Today

(Bloomberg) -- The European Central Bank will be ready for an interest rate hike in early 2023 after ending the remaining bond purchases by the end of next year, Governing Council member Klaas Knot said.

Corporate America’s well-oiled earnings machine has been the backbone of virtually every bullish equity argument this year. It’s helped stocks power past the Federal Reserve’s hawkish pivot and each new variant of the coronavirus.

(Bloomberg) -- Zambia’s currency is on track for a world-beating year as investors bet on the new government’s chances of securing a bailout deal with the International Monetary Fund and negotiating a debt restructuring.

(Bloomberg) -- Gulf Arab energy firms borrowed $30.5 billion in 2021, the highest level in at least 25 years, as the region’s national oil companies sought to inject foreign investment into their balance sheets. Qatar Energy led the region in issuing debt, according to Bloomberg calculations.

(Bloomberg Opinion) -- What to Expect in 2022: Democratic rights in Asia have been under threat this past year, as leaders from India to Myanmar and Indonesia cracked down on protests, jailed activists and journalists, and took advantage of pandemic restrictions to stifle dissent.

(Bloomberg) -- India’s central bank will likely go slow on normalizing its monetary policy settings, breaking step with hawkish global peers to ensure a durable recovery in Asia’s third-largest economy, according to economists.

(Bloomberg Opinion) -- Australian foreign policy was dramatically recast 80 years ago in ways that still reverberate today. It went hand-in-hand with a far-reaching overhaul of economic life, the contours of which lasted long enough to help drive a recovery from the pandemic recession.

Gavin and Staceys Melanie Walters, 59, looked almost unrecognisable as she underwent a very glamorous transformation for her new panto role.

(Bloomberg) -- James Cayne, the cigar-puffing college dropout who parlayed a stint as a professional bridge player into a job as a bond broker on Wall Street, where he led Bear Stearns Cos. to record profits, then to the brink of collapse, has died. He was 87.

(Bloomberg) -- Colombia’s biggest minimum-wage increase in 50 years is adding pressure on the central bank to raise rates faster and further before an inflation spiral takes hold.  The 10% pay hike goes into effect Jan.