Page 185 - Bon News Today

Anxious Canadians Are Open to Rate Hikes to Cool Red-Hot Housing Market May 13 2021, 1:30 AM May 12 2021, 6:44 PM May 13 2021, 1:30 AM (Bloomberg) -- Canadians are so alarmed by the red-hot housing market that many say they’d like to see the central bank raise the cost of borrowing to dampen demand for real estate and stabilize prices. (Bloomberg) -- Canadians are so alarmed by the red-hot housing market that many say they’d like to see the central bank raise the cost of borrowing to ...

Draghi Says EU Must Ease Fiscal Rules to Allow More Investment May 12 2021, 10:39 PM May 12 2021, 8:18 PM May 12 2021, 10:39 PM (Bloomberg) -- Discover what’s driving the global economy and what it means for policy makers, businesses, investors and you with The New Economy Daily. Sign up here. (Bloomberg) -- Discover what’s driving the global economy and what it means for policy makers, businesses, investors and you with The New Economy Daily. Sign up here. The European Unionâ...

(Bloomberg) -- Governments should embrace digital currencies or risk private companies taking control of the money people use, a Bank of England official said. Jon Cunliffe, deputy governor of the U.K.

Parts of Taiwan Go Dark After Plant Failure Triggers Outage May 13 2021, 8:54 PM May 13 2021, 2:35 PM May 13 2021, 8:54 PM (Bloomberg) -- Major cities across Taiwan, home to some of the world’s biggest chip industry players, were hit by a widespread power outage Thursday after a power station in the southern city of Kaohsiung suddenly went offline. (Bloomberg) -- Major cities across Taiwan, home to some of the world’s biggest chip industry players, were hit by a widespread power outag...

China Property Stock’s Sudden Plunge on Spinoff Plan Spooks Bondholders May 13 2021, 4:00 PM May 13 2021, 1:42 PM May 13 2021, 4:00 PM (Bloomberg) -- Anything freaks out China’s dollar bond market these days, especially when it comes to property firms. (Bloomberg) -- Anything freaks out China’s dollar bond market these days, especially when it comes to property firms. When Central China Real Estate Ltd. shares resumed trading in the afternoon in Hong Kong, they sank as much as...

(Bloomberg) -- Brazil’s consumer prices rose more than forecast in April, as central bank signals plans to lift its benchmark interest rate for the third straight time next month. Prices rose 0.31% from March, above the 0.29% median estimate from analysts surveyed by Bloomberg.

May 12 2021, 1:17 PM May 12 2021, 11:44 AM May 12 2021, 1:17 PM (Bloomberg) -- TUI AG said it’s more optimistic about a summer tourism rebound as the U.K.’s travel restart spurs bookings, even as it signaled potential turbulence in the months ahead. (Bloomberg) -- TUI AG said it’s more optimistic about a summer tourism rebound as the U.K.’s travel restart spurs bookings, even as it signaled potential turbulence in the months ahead. The world’s biggest tour operator said...

ECB’s Knot Signals Upward Revision to 2021 Growth Forecast May 12 2021, 11:39 AM May 11 2021, 10:07 PM May 12 2021, 11:39 AM (Bloomberg) -- (Bloomberg) -- The euro-area economy may expand by more than the 4% currently projected by the European Central Bank this year as savings are unleashed and consumption rebounds, according to Governing Council member Klaas Knot. The Dutch policy maker argued that service-sector activity is reviving in line with the experiences of other countries that ...

Butterfly Equity Explores Options for Protein Powder Maker Orgain May 12 2021, 3:43 PM May 12 2021, 4:10 AM May 12 2021, 3:43 PM (Bloomberg) -- Food-focused buyout firm Butterfly Equity is exploring options for its protein powder maker Orgain, according to people with knowledge of the matter. (Bloomberg) -- Food-focused buyout firm Butterfly Equity is exploring options for its protein powder maker Orgain, according to people with knowledge of the matter. The Los Angeles-based private equity fir...

(Bloomberg) -- Sovereign bond defaults have piled up at a dizzying clip in Latin America since the pandemic began. First, it was Ecuador’s turn, then came Argentina, followed by Suriname, then Belize, then Suriname again and Suriname one more time.