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March 30, 2022
(Bloomberg Businessweek) -- Wall Street doesn’t usually let moral dilemmas get in the way of making money. There’s almost always a bidder for whatever security is on offer, no matter how dodgy the issuer, how funky the structure, or how unpleasant the circumstances.
March 30, 2022
(Bloomberg) -- Climate-related losses to life and property in the Middle East and Central Asia are set to worsen if the region fails to adapt to higher temperatures and extreme weather events, the International Monetary Fund said in a report.
March 29, 2022
(Bloomberg) -- Vietnam’s economic growth slowed in the first quarter as coronavirus outbreaks and rising oil prices hindered the recovery of industries and businesses. Gross domestic product rose 5.03% in the three months to March compared to a year earlier, down from 5.
March 29, 2022
(Bloomberg) -- Qatar plans to invest $5 billion in Egypt in the coming period, Egypt said, in the latest sign of support from the energy-rich Gulf as the North African nation’s economy is buffeted by the war in Ukraine.
March 29, 2022
(Bloomberg) -- Russia has made a $102 million interest payment as the world’s biggest energy exporter continues to service its foreign bonds despite financial isolation after the invasion of Ukraine.
March 28, 2022
(Bloomberg) -- Australia is set to begin winding back its massive pandemic-era stimulus, even as its central bank remains an outlier among peers in sticking with near-zero interest rates.
March 28, 2022
As Morgan Stanley was elbowing its way to the top spot in Wall Street’s ruthlessly competitive business of helping investors sell blocks of stock several years ago, rivals at Credit Suisse Group AG added a slide to their pitch deck.
March 28, 2022
(Bloomberg) -- Gold was steady after capping a weekly advance, as investors weighed the latest developments in Russia’s war in Ukraine against the impact of tighter monetary policy to curb inflation. Bullion climbed 1.
March 28, 2022
(Bloomberg) -- Sri Lanka will have to undergo debt restructuring as strongly suggested by the International Monetary Fund in order to secure financing from creditors, according to Citigroup Global Markets.
March 28, 2022
(Bloomberg Opinion) -- Signs are emerging that the resilience of American consumers is rapidly waning, potentially undermining one of the few remaining pillars supporting the bull market in equities. U.S.