Page 76 - Bon News Today

Pakistan’s Supreme Court rejected a parliamentary ruling that canceled voting on a no-confidence motion on Prime Minister Imran Khan, in a major blow to the former cricket star’s plans to hold fresh national elections.

(Bloomberg) -- ASL Capital Markets Inc. took the U.S. bond market by surprise this week when it joined the elite club of dealers authorized to do business directly with the Federal Reserve Bank of New York.

(Bloomberg) -- Sri Lanka faces $8.6 billion worth of debt payments due this year as the implosion of its economy and worsening political turmoil cast doubt on its ability to pay any of it. Among them, the South Asian country needs to honor a combined $2.

(Bloomberg) -- Peru is forecast to raise interest rates Thursday to curb soaring inflation that led to mass protests, riots and a state of emergency in recent days.   The central bank will lift its policy rate by half a percentage point to 4.5% according all seven analysts surveyed by Bloomberg.

(Bloomberg) -- Zambia’s reorganization of as much as $17.3 billion of external debt is being delayed by a single foreign creditor, according to U.K. Minister for Africa Vicky Ford.

(Bloomberg Businessweek) -- Last month, Apple published a promotional video titled Escape From the Office.

(Bloomberg) -- New York City’s new subway and bus chief will focus on how to improve service as the biggest public transportation system in the nation works to bring more riders back to its mass transit network.

(Bloomberg) -- Global asset managers including Fidelity Investments and T. Rowe Price Group are staring down the risk of default in Sri Lanka in the face of a deepening economic crisis. Fidelity Investments’ parent FMR LLC, Lord Abbett & Co. and T.

(Bloomberg) -- The Swedish economy unexpectedly shrank for a second straight month in February, raising doubts about whether the largest Nordic economy can brush off the effect of rising energy costs and Russia’s invasion of Ukraine. Gross domestic product contracted by 0.

(Bloomberg) -- South African policymakers, legislators and regulators need more engagement with the fintech industry before distributed-ledger technology can be incorporated into the nation’s financial markets, according to a new report by the central bank and the Intergovernmental Fintech Working G