Page 159 - Bon News Today

(Bloomberg) -- China’s financial markets are set to open for the first time in a week on Friday, with investors bracing for volatility from a surprise default in the property sector coupled with the global energy shortage.

(Bloomberg) -- Nigeria’s government finalized plans to ramp up spending and borrowing as it grapples with reviving an economy that shrank by the most in a quarter century last year due to the coronavirus pandemic.  Expenditure is projected at 16.4 trillion naira ($39.

(Bloomberg) -- Romanian officials are concerned that scenes of overflowing Italian hospitals during the initial weeks of the pandemic are becoming the reality in their country.

(Bloomberg) -- A consortium led by private equity firms Centerbridge Partners and TowerBrook is exploring a takeover of Aareal Bank AG valuing the German real estate lender at about 1.7 billion euros ($2 billion).

(Bloomberg) -- China’s Xi Jinping has plenty of pressing reasons to arrange a meeting with U.S. President Joe Biden and dial back tensions between the world’s two largest economies.

(Bloomberg) -- As finance milestones go, what happened Tuesday in the U.S. leveraged-loan market isn’t going to catch fire in the public consciousness. This is not the Dow Jones Industrial Average hitting some five-digit number for the first time.

(Bloomberg) -- Online luxury-watch retailer Chronext AG is postponing its initial public offering, joining dozens of listings that have been pulled worldwide over the past month.

(Bloomberg) -- Higher oil prices and coal shortages risk fanning inflation and slowing economic growth in India ahead of a central bank meeting, while punishing the nation’s currency and bonds.

(Bloomberg) -- New Zealand’s central bank raised interest rates for the first time in seven years and signaled further increases will likely be needed to tame inflation, saying it expects the economy to recover from a coronavirus outbreak that is keeping largest city Auckland in lockdown.

(Bloomberg) -- The outlook on India’s credit rating was raised to stable from negative by Moody’s Investors Service, ending the threat of a downgrade for Asia’s third-largest economy. The credit score was kept at Baa3, still at the lowest investment grade. That’s on par with Russia and Romania.