Page 157 - Bon News Today

(Bloomberg) -- Malaysia’s Finance Minister presented to parliament a bill to raise the limit on government debt for the second time in a little over a year, as the Southeast Asian nation seeks to fund additional pandemic support measures and bolster its economic recovery.

(Bloomberg) -- The Bank of England’s arch-hawk may be willing to kick off a series of interest rate hikes with a bigger-move than markets were assuming.

(Bloomberg) -- Brazil analysts raised their forecasts for inflation and the key interest rate for 2022 as rising fuel costs and resurgent demand for services and products stoke prices in the aftermath of the pandemic.  Policy makers led by Roberto Campos Neto will raise the Selic to 8.

(Bloomberg) -- Three academics at U.S. institutions won the 2021 Nobel Prize for economics for their work analyzing labor markets and natural experiments.  David Card, Joshua D. Angrist and Guido W.

(Bloomberg) -- Some holders of two China Evergrande Group U.S. dollar bonds with coupons due Monday said they had yet to receive payment, the latest sign of the property developer’s escalating debt crisis.  The investors said they hadn’t received the coupons on the indebted firm’s 9.

(Bloomberg) -- A handful of fixed-income investors, including veterans Shamaila Khan and Shawn Keegan, have left AllianceBernstein Holdings LP as part of a restructuring of the firm’s global debt team.

(Bloomberg) -- Surging energy prices are kindling bullish bets on developing-nation exporters, with Russia emerging as traders’ favorite investment destination.

(Bloomberg) -- Talks to form a three-way coalition government in Germany risk getting bogged down over finance and budget matters, based on divergent policy objectives outlined by leaders of the two junior parties over the weekend.

(Bloomberg) -- Hong Kong gym chain Pure Group is seeking to raise about $100 million to help fund its expansion in mainland China, people with knowledge of the matter said.

(Bloomberg) -- Austria’s political class is scrambling to find a way forward after Chancellor Sebastian Kurz was named as a suspect in a corruption probe leaving his government on the ropes.