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Chinese Firm's Bond Lapse Exposes Rift With Singapore Parent

(Bloomberg) -- The Chinese real estate company acquired by Singapore’s richest property family is accusing its buyer of holding up decisions following a missed debt payment, underscoring the challenges for foreign companies making acquisitions in the world’s second-largest economy.

Riverboats return to the Mississippi River

Riverboats return to the Mississippi River Cape River cruise port coming next month By Jeremy Ford | March 9, 2021 at 3:40 PM CST - Updated March 9 at 6:20 PM CAPE GIRARDEAU, Mo. (KFVS) - Riverboats are returning to the Heartland in April. They will be docking in both Cape Girardeau and Paducah. With five boats docking in downtown Cape Girardeau from April through mid-December, local merchants hope to see a boost in area tourism. “The best thing about our location is we are the first bus...
United States Brenda Newbern Stephanie Gardiner Tourism Bureau Cape Convention Cape Girardeau
Source: kfvs12.com

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IMF Sees Upside in Delaying a Deal With Argentina After October

(Bloomberg) -- Officials at the International Monetary Fund see some benefit in delaying a $45 billion agreement with Argentina after the nation’s midterm election in October, with talks yielding little progress six months after they began, according to people familiar with the situation.
Buenos Aires Distrito Federal United States Alberto Fernandez Kristalina Georgieva International Monetary Fund

Rate-Hike Bets in India Escalate in Presage of Global Tightening

Mar 12 2021, 7:13 AM March 10 2021, 6:30 AM March 12 2021, 7:13 AM (Bloomberg) -- The global economic recovery is fueling speculation central banks will soon be shifting into tightening mode -- nowhere more so than India. (Bloomberg) -- The global economic recovery is fueling speculation central banks will soon be shifting into tightening mode -- nowhere more so than India. Five-year interest-rate swaps jumped 63 basis points in February, the biggest advance since the 2013 taper tantrum, reflec...
Nagaraj Kulkarni Suyash Choudhary Shaktikanta Das Standard Chartered Plc Securities Primary Dealership Ltd Asset Management Ltd

South Africa Business Confidence Drops as Recovery Still Fragile

(Bloomberg) -- South African business confidence unexpectedly fell in the first quarter as company executives remain concerned about the fragile nature of the economy’s recovery. A quarterly gauge measuring the business mood dropped to 35 from 40 in the previous three months, FirstRand Ltd.
South Africa Western Cape Stellenbosch University Bureau For Economic Research Firstrand Ltd Rand Merchant Bank Stellenbosch University

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