Page 65 - Bon News Today

(Bloomberg) -- Pakistan requested that the International Monetary Fund extend its loan program for a year and enhance the $6 billion funding to ease financing difficulties for the south Asian country as a new government stepped in this month.

(Bloomberg) -- Russia’s neighbor Finland will focus on defense as its no. 1 priority, whether the Nordic nation joins the NATO defense alliance or not, according to Finance Minister Annika Saarikko.

Sri Lanka’s central bank raised borrowing costs by 700 basis points amid economic and political turmoil that has engulfed the nation and left President Gotabaya Rajapaksa with a minority in parliament.

(Bloomberg) -- China’s central bank Governor Yi Gang said monetary policy is helping support the economy as it faces growth pressures.

Global bonds added to this year’s epic rout as traders brace for the most aggressive Federal Reserve interest-rate hikes in 40 years and the likelihood most global central banks will also tighten.

Jimmy Choo's creative director since 1996, Sandra Choi writes a new chapter for the London-based brand by adding jewellery to its portfolio of luxury accessories.

(Bloomberg) -- The European Central Bank’s net asset purchases are likely to end in July or August with interest rates then rising later in the year, President Christine Lagarde said.

(Bloomberg) -- Russia’s race to avoid default just escalated. The country has been inching closer after JPMorgan Chase & Co., under orders from the U.S. Department of the Treasury, halted interest payments the country owed on two dollar-denominated bonds in recent weeks.

(Bloomberg) -- The suffering for Southeast Asian bonds isn’t over yet, according to a Bloomberg analysis that shows how their central banks’ last stand against tighter policy risks fueling inflation.

(Bloomberg) -- Vietnam is stepping up scrutiny of its financial markets as it seeks to burnish its credentials as a destination for international investment.