Page 58 - Bon News Today

(Bloomberg) -- Zimbabwe will likely again miss a payment of $1.75 billion it pledged to make to White farmers evicted from their land two decades ago. Under the so-called Global Compensation Deed, signed in 2020, the farmers would receive a total $3.

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(Bloomberg) -- Thai bonds, the biggest loser among Southeast Asian peers, are set to extend their slump as rising inflationary pressures and the risk of a hawkish pivot by the so far accommodative local central bank weigh on the debt.

(Bloomberg) -- India’s central bank raised its key policy rate in a surprise move Wednesday, sending bond yields higher, as it intensified the battle against inflation that’s outpaced its expectations for much of the year.

(Bloomberg) -- Pakistan’s finance minister Miftah Ismail announced in a Twitter post Tuesday that State Bank of Pakistan Governor Reza Baqir’s three-year term will expire on May 4. The government did not announce a replacement or say when Baqir’s successor will be announced.

(Bloomberg) -- Pakistan central bank deputy governor Murtaza Syed will act as interim chief of State Bank of Pakistan until a new governor is announced.

(Bloomberg) -- Australian retail sales jumped for a third consecutive month to hit a record, driven by a spending revival on the nation’s flood-ravaged east coast and highlighting the economy’s strong underlying momentum. Sales surged 1.6% in March to A$33.6 billion ($23.

(Bloomberg) -- The German government is split over whether it should impose a tax on the windfall profits from energy firms as a way to mitigate rising costs for consumers and companies.

(Bloomberg) -- The European Union is set Wednesday to propose a gradual ban on Russian oil by the end of the year in its sixth round of sanctions as Russia continue to press on in Ukraine.