Page 60 - Bon News Today

(Bloomberg) -- A widespread selloff in China is rippling through emerging markets, threatening to snuff out growth and drag down everything from stocks to currencies and bonds.

(Bloomberg) -- Mauritius inflation accelerated for a sixth month to 10.7% in March as the island economy grapples with rising costs to ship goods from distant suppliers.

(Bloomberg) -- Kenya’s Deputy President William Ruto lashed out at his boss in a public spat, showing how deep the discord in Uhuru Kenyatta’s administration has gone ahead of elections in August.

(Bloomberg Opinion) -- In the world according to Gina Raimondo, corporate America is most successful when every household has health insurance, day care, early child education, broadband, job training and access to a growing supply of semiconductors made in the U.S.

(Bloomberg Opinion) -- The Fed messed up. Big time. After almost 40 years of low, predictable price growth, inflation is back: 8.5% at last count and it may go higher still. Some of the inflation is related to pandemic re-opening, but some of it came from serious policy errors.

(Bloomberg) -- Brazil analysts raised their inflation forecasts for this year and next for the fourth straight week as investors mull whether Wednesday’s expected interest rate hike will be the last in the central bank’s cycle. Consumer price increases will hit 7.89% in December and 4.

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(Bloomberg) -- Investors plagued by fear and shunning stocks are rediscovering a time-honored antidote: U.S. government bonds. That may seem surprising, given that the Treasury market has been battered by its worst losses on record this year.

(Bloomberg) -- Jerome Powell doesn’t like to bless bets in financial markets, but he could shift the needle this week on how high investors expect the Federal Reserve to raise interest rates to cool overheated prices.

(Bloomberg) -- South Korea’s exports to China dropped in April, highlighting the impact that Covid-related lockdowns in Chinese cities are having on supply chains around the region. Shipments to China fell 3.4% from a year earlier, compared with a 16.