Page 186 - Bon News Today

May 06 2021, 2:15 PM May 06 2021, 12:31 PM May 06 2021, 2:15 PM (Bloomberg) -- (Bloomberg) -- Malaysia kept its benchmark interest rate at a record low Thursday as a fresh surge in coronavirus infections threatens to further delay an economic recovery. Bank Negara Malaysia held the overnight policy rate at 1.75% for a fifth straight meeting, a decision expected by all 21 economists in a Bloomberg survey. “Latest indicators point to continued improvements in economic activity in the first...

Onex Makes Fresh Attempt to Sell $1 Billion Carestream May 06 2021, 5:35 AM May 05 2021, 9:44 PM May 06 2021, 5:35 AM (Bloomberg) -- Onex Corp. is exploring a new sale process for medical imaging equipment maker Carestream Health Inc., according to people with knowledge of the matter, after several previous attempts to divest the business. (Bloomberg) -- Onex Corp. is exploring a new sale process for medical imaging equipment maker Carestream Health Inc., according to people with knowledge of t...

RBI Cash, Yields Draw Investors to Dollar Bonds: India Credit May 06 2021, 9:52 AM May 06 2021, 7:02 AM May 06 2021, 9:52 AM (Bloomberg) -- Bargain-hunting investors are increasingly moving into Indian dollar bonds, and central bank support unveiled Wednesday may further that trend even as the nation grapples with a tragic surge in Covid cases. (Bloomberg) -- Bargain-hunting investors are increasingly moving into Indian dollar bonds, and central bank support unveiled Wednesday may further that ...

Analyst Hindenburg Research published a report on April 6, 2021, alleging the Chinese cryptocurrency company is directing proceeds from its IPO last year into a "series of opaque deals with insiders and questionable counterparties. "Ebang raised $21 million in November 2020, According to the report, stating that the proceeds would go "primarily for development," and that $21 million was allegedly directed to repay related-party loans to a relative of the companys Chairman/CEO Dong Hu. It was al...

(Bloomberg) -- Malta, Italy and the Netherlands rely most heavily on private citizens for government financing within the euro zone, according to new European Central Bank research that highlights the role of individuals in public debt.

(Bloomberg) -- Thailand’s central bank kept its benchmark interest rate unchanged for an eighth straight meeting, warning its forecast for an economic recovery was threatened by the country’s biggest virus wave since the pandemic began. The Bank of Thailand held the policy rate Wednesday at 0.

South Africa’s Main Budget Gap at 11.2% of GDP, Beating Forecast May 05 2021, 11:52 AM May 05 2021, 8:30 AM May 05 2021, 11:52 AM (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 South Africaâ�...

Uganda Asks IMF for $900 Million Three-Year Loan Package May 05 2021, 6:04 PM May 05 2021, 5:49 PM May 05 2021, 6:04 PM (Bloomberg) -- Uganda is seeking at least $900 million in a three-year International Monetary Fund program for its budget amid rising spending due to the Covid-19 pandemic. (Bloomberg) -- Uganda is seeking at least $900 million in a three-year International Monetary Fund program for its budget amid rising spending due to the Covid-19 pandemic. Negotiations are expected to conc...

May 05 2021, 5:00 PM May 05 2021, 2:38 AM May 05 2021, 5:00 PM (Bloomberg) -- Farmers in Argentina are pouncing on a trade feud between grain rival Australia and voracious crop buyer China. (Bloomberg) -- Farmers in Argentina are pouncing on a trade feud between grain rival Australia and voracious crop buyer China. Argentine growers are set to expand barley plantings by 28% this year after China slapped tariffs on Australian exports of the grain used in livestock feed, one of a slew of similar ...

(Bloomberg) -- New Zealand’s unemployment rate unexpectedly fell in the first quarter as the economy’s recovery boosted business confidence and hiring. The jobless rate fell to 4.7% from 4.9% in the fourth quarter, Statistics New Zealand said Wednesday in Wellington. Economists expected 4.9%.