Page 59 - Bon News Today

(Bloomberg) -- Norway’s central bank is poised this week to cement its plan for another interest-rate increase in June as part of a probable timetable of quarterly hikes lasting until 2024.  All economists in a Bloomberg survey expect the Norges Bank to keep its key deposit rate at 0.

(Bloomberg) -- Europe’s jobs market has stalled since Russia invaded Ukraine, a survey showed, adding to evidence that the war is weighing on the region’s economic recovery.

(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) -- Good morning Australia, it’s Ainsley here and this is what you need to know to kick off your day.

(Bloomberg) -- Andrey Kosogov was never meant to assume this much power in the world of Russia’s billionaires. He’s long served as a trusted partner to the more well-known — and wealthier — oligarchs Mikhail Fridman and Petr Aven at Alfa-Bank and LetterOne.

(Bloomberg) -- Australia’s central bank increased interest-rates by more than economists had anticipated and signaled further hikes to come, reflecting a greater urgency to rein in surging inflation. The Reserve Bank raised its cash rate by 25 basis points to 0.

Read all the latest updates and developments from the Ukraine crisis here.

(Bloomberg) -- Ghana’s main opposition leader and former president warned that West Africa’s second-largest economy is at risk of defaulting on its debt unless “something drastic is done.” Total public debt increased to 351.8 billion cedis ($46.7 billion), or 76.

(Bloomberg) -- The South Korean won’s worst month since 2016 may be followed by a calmer spell as all signs point to a reprieve for now. The currency is likely to rebound to a range of 1,220 to 1,230 per dollar after sliding to a two-year low of 1,273.

(Bloomberg) -- Brazil’s central bank is spending billions of dollars to curb the real’s recent losses, but for traders nothing would be more effective than a hawkish nod from the monetary authority.