Page 134 - Bon News Today

(Bloomberg) -- What will it take to halt the Turkish lira’s slide? That’s the question investors are asking as they go into 2022 pondering the worst-performing currency in emerging markets this year.

(Bloomberg Opinion) -- I recently had the good fortune to take a five-week work trip to meet colleagues, friends and contacts in London and New York. But the price I had to pay, upon my return to Hong Kong, was the city’s mandatory three-week hotel quarantine.   I was lucky.

(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. The European Central Bank will adjust its monetary policy if upside risks to inflation materialize, said Governing Council member Robert Holzmann.

(Bloomberg) -- The European Central Bank risks underestimating the threat posed by inflation and falling too far behind global peers in confronting soaring prices, Governing Council member Pierre Wunsch said. The Belgian central bank chief said new projections showing euro-area inflation at 1.

(Bloomberg) -- One of the world’s largest aircraft leasing company filed for Chapter 11 as it seeks to restructure its finances for the second time since the beginning of the pandemic.

(Bloomberg) -- As Brazil launches a new round of fiscal stimulus, its central bank forecast it will need even higher interest rates to fulfill its pledge to fight inflation with a “significantly restrictive” monetary policy. Policy makers on Thursday increased to 3.

(Bloomberg) -- Mexico’s central bank unexpectedly accelerated the pace of interest rate increases, a hawkish move that seeks to contain quickly-deteriorating inflation expectations.

(Bloomberg) -- Pakistan’s central bank will pause interest-rate increases to preserve economic recovery after delivering Asia’s boldest hikes since September, Governor Reza Baqir said.

(Bloomberg) -- Singapore’s $744 billion sovereign wealth fund sees potential opportunities to do deals and buy debt in China’s battered real estate sector, confident Beijing won’t let things “spiral out of control” following several defaults.

Looking for some warm and fuzzy feelings during the holiday season? Check out this story, centered on candy and chocolate, of how one Colorado couple running a confectionery is working to make our corner of the state just a bit sweeter.