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April 3, 2021
Mar 31 2021, 2:32 PM March 30 2021, 10:30 AM March 31 2021, 2:32 PM (Bloomberg Opinion) -- Italy is in line to receive the biggest handout from the European Unionâs pandemic recovery funds. Anyone whoâs followed the countryâs fortunes in recent years will be forgiven for shrugging: The euro zoneâs third-largest economy has a history of failing to spend far smaller disbursements because of its hopeless state bureaucracy. (Bloomberg Opinion) -- Italy is in line to receiv...
April 3, 2021
Pragmatism May Allow Turkey and Egypt to Mend Fences Mar 11 2021, 11:13 AM March 10 2021, 10:30 AM March 11 2021, 11:13 AM (Bloomberg Opinion) -- Turkeyâs government is seeking a thaw in relations with the Arab world after a long cold spell. Ankara seems especially keen on improving ties with Cairo. Ibrahim Kalin, the spokesman for President Recep Tayyip Erdogan, told Bloomberg: âA new chapter can be opened, a new page can be turned in our relationship with Egypt as well as othe...
April 3, 2021
Mar 25 2021, 2:51 PM March 24 2021, 4:29 PM March 25 2021, 2:51 PM (Bloomberg) -- Global warming may force central banks to keep interest rates low. (Bloomberg) -- Global warming may force central banks to keep interest rates low. Swedenâs Riksbank, the worldâs oldest central bank, warned on Wednesday that rising temperatures mean monetary policy canât ignore the fallout of carbon emissions. âIf climate change increases the risk of catastrophe, makes economic developments mo...
April 2, 2021
Apr 02 2021, 3:20 PM April 02 2021, 3:34 AM April 02 2021, 3:20 PM (Bloomberg) -- U.S. equity futures rose ahead of data expected to show the biggest increase in jobs in five months. Most other markets were closed for Good Friday. (Bloomberg) -- U.S. equity futures rose ahead of data expected to show the biggest increase in jobs in five months. Most other markets were closed for Good Friday. The labor report for March has the potential to roil the bond market when trading will be thin during a ...
April 2, 2021
Apr 06 2021, 4:20 AM April 02 2021, 5:34 AM April 06 2021, 4:20 AM (Bloomberg) -- Chinaâs government bonds outpaced their competitors in the first quarter as their haven status helped them stand out as a bulwark amid the global slump. Japanâs securities led developed nations, though still handing investors a narrow loss. (Bloomberg) -- Chinaâs government bonds outpaced their competitors in the first quarter as their haven status helped them stand out as a bulwark amid the global ...
April 1, 2021
Japan Startup That Turns Stone Into Grocery Bags Gets Green Loan Apr 01 2021, 5:47 PM April 01 2021, 2:09 PM April 01 2021, 5:47 PM (Bloomberg) -- A Japanese startup that makes plastic and paper alternatives from limestone has got a green loan as it pushes to expand production. (Bloomberg) -- A Japanese startup that makes plastic and paper alternatives from limestone has got a green loan as it pushes to expand production. TBM Co., based in Tokyoâs Ginza shopping district, has secured 3.62 ...
April 1, 2021
New Zealand Says Deal Is Close for Australia Travel Corridor Mar 18 2021, 11:09 AM March 18 2021, 2:24 AM March 18 2021, 11:09 AM (Bloomberg) -- (Bloomberg) -- New Zealand and Australia are close to agreeing terms for a quarantine-free travel corridor, New Zealand Deputy Prime Minister Grant Robertson said. âThereâs a few issues still to talk through, including what we do in the event that there is an outbreak, how we manage people who arenât in their home country at that time,...
April 1, 2021
Mar 18 2021, 5:55 PM March 18 2021, 3:20 PM March 18 2021, 5:55 PM (Bloomberg) -- Moodyâs Investors Service raised its outlook for Vietnam to positive from negative and affirmed the countryâs long-term credit rating at Ba3, citing fiscal consolidation and an improving economy. (Bloomberg) -- Moodyâs Investors Service raised its outlook for Vietnam to positive from negative and affirmed the countryâs long-term credit rating at Ba3, citing fiscal consolidation and an improving...
April 1, 2021
Archegos Carries a Warning For Europes Financial Ambitions Apr 01 2021, 9:04 PM April 01 2021, 4:05 PM April 01 2021, 9:04 PM (Bloomberg Opinion) -- You can almost hear the relief in Brussels that the latest financial crisis, the blowup of Bill Hwangâs family office Archegos, has passed it by. That doesnât mean the next one will. (Bloomberg Opinion) -- You can almost hear the relief in Brussels that the latest financial crisis, the blowup of Bill Hwangâs family office Archegos,...
March 17, 2021
Mar 18 2021, 9:43 AM March 17 2021, 2:08 PM March 18 2021, 9:43 AM (Bloomberg) -- Indiaâs government is likely to leave the inflation targeting band for its central bank unchanged, according to people familiar with the matter, while policy makers remain focused on rising prices amid the rebound from the pandemic. (Bloomberg) -- Indiaâs government is likely to leave the inflation targeting band for its central bank unchanged, according to people familiar with the matter, while policy m...