Page 73 - Bon News Today

(Bloomberg) -- Sri Lanka’s unprecedented interest-rate hike has helped restore the central bank’s credibility, although it’s not enough to remove the risk of a debt default as a political crisis delays an International Monetary Fund bailout, according to Citigroup Global Markets.

(Bloomberg Opinion) -- The war in Ukraine has left Europe facing both greater supply chain disruptions and higher prices for raw material, problems exacerbated by the region’s dependency on Russia energy.

(Bloomberg) -- European Central Bank officials may differ on how to respond to the war in Ukraine, but they’re increasingly aligned on the need to raise interest rates.

(Bloomberg) -- Treasury 10-year yields climbed to 2.75% for the first time since March 2019 as investors price in the impact of the Federal Reserve’s tightening plan and accelerating inflation.

(Bloomberg) -- The billionaire Benetton family and Blackstone Inc. are nearing a takeover offer for Italian infrastructure giant Atlantia SpA in what could become the year’s biggest deal, according to people familiar with the matter. The family’s Edizione Srl holding company, the U.S.

(Bloomberg) -- Illinois lawmakers passed a $46.5 billion budget for the year that starts July 1, a spending plan that includes tax relief on groceries, fuel and property while bolstering the state’s rainy-day fund.

(Bloomberg) -- South Korea’s President-elect Yoon Suk Yeol nominated Choo Kyung-ho to be the next finance minister, Yonhap News reported, as the leader assembles his economic team to battle accelerating inflation and shore up the economy.

(Bloomberg) -- Norway needs to rein in budget spending to prevent a sudden slowdown of an economy that is now booming, Finance Minister Trygve Slagsvold Vedum warned.

(Bloomberg) -- Russia continues press a land assault in the Donetsk region while attempting to complete its capture of Mariupol in the south, which has been under a brutal siege for a month.

(Bloomberg) -- Asia stock investors worried that the bond market’s signal of a U.S. recession may trigger another bout of underperformance have a cushion to fall back on.