Page 183 - Bon News Today

Markets Fret the Fed Is Making a Big Mistake May 20 2021, 8:46 AM May 19 2021, 10:43 PM May 20 2021, 8:46 AM (Bloomberg Opinion) -- A once-unthinkable notion is becoming possible: The European Central Bank may start talking about ratcheting back easy-money policies before the Federal Reserve does. Even more curious is that this would not be the result of the usual policy drivers relating to inflation, growth, financial stability and fiscal policy. Rather, it would reflect a Fed-specific duality...

Swedish House Prices Soar at Their Fastest Pace Ever May 20 2021, 2:35 PM May 20 2021, 11:39 AM May 20 2021, 2:35 PM (Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. (Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Sweden’s housing market just set another record as ultra-low interest rates and a spike in demand fueled by the pandemic driv...

Ardern Targets Inequality as N.Z. Budget Shows Stronger Recovery May 20 2021, 6:12 PM May 20 2021, 7:31 AM May 20 2021, 6:12 PM (Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. (Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. New Zealand projected faster economic growth and smaller deficits in its annual budget, allowing Prime Minister Jacinda Ar...

Bond Investors Love Greece. Really. May 20 2021, 8:25 PM May 20 2021, 10:30 AM May 20 2021, 8:25 PM (Bloomberg Opinion) -- This southeastern European home of 10.7 million people has the lowest risk and highest returns wherever major government bonds are traded. Economists expect the second-fastest growth among 34 developed countries. Its also an emblem of unanticipated economic rejuvenation and the power of 19 nations sharing a currency, the euro. (Bloomberg Opinion) -- This southeastern Europe...

May 21 2021, 12:22 AM May 20 2021, 8:07 PM May 21 2021, 12:22 AM (Bloomberg) -- Glencore Plc and its syndicate of lenders should renegotiate their more than $1 billion oil-for-cash loan to Chad to make the nation’s debt sustainable, World Bank President David Malpass said. (Bloomberg) -- Glencore Plc and its syndicate of lenders should renegotiate their more than $1 billion oil-for-cash loan to Chad to make the nation’s debt sustainable, World Bank President David Malpass said. The wo...

China Huarong Wires Funds for $300 Million Bond Due Thursday May 19 2021, 8:30 AM May 18 2021, 6:27 PM May 19 2021, 8:30 AM (Bloomberg) -- China Huarong Asset Management Co. has transferred funds to repay a $300 million bond maturing Thursday, according to a person familiar with the matter. (Bloomberg) -- China Huarong Asset Management Co. has transferred funds to repay a $300 million bond maturing Thursday, according to a person familiar with the matter. The state-owned distressed debt manager...

(Bloomberg) -- Banks in Europe’s vulnerable south are about to find out the true scale of the damage to their loan books from the pandemic’s economic turmoil.

May 19 2021, 12:18 PM May 19 2021, 7:26 AM May 19 2021, 12:18 PM (Bloomberg) -- SoftBank Group Corp. is planning its second yen-denominated bond offering of 2021 after recently posting the biggest-ever quarterly profit by a Japanese company. (Bloomberg) -- SoftBank Group Corp. is planning its second yen-denominated bond offering of 2021 after recently posting the biggest-ever quarterly profit by a Japanese company. The technology conglomerate plans to issue 405 billion yen ($3.7 billion) of bon...

Pakistan Prime Minister Imran Khan’s ruling party has split and a senior member has formed a breakaway group, putting the government and its thin parliamentary majority at risk.

(Bloomberg) -- Key South African data suggest a marginal increase in output in the first quarter after the economy contracted the most in a century in 2020 because of the coronavirus pandemic.