Page 91 - Bon News Today

(Bloomberg) -- Sri Lanka has begun initial discussions to explore a loan from the International Monetary Fund, according to people with knowledge of the matter, as debt payments loom and requests for bilateral aid are put on the backburner due to the war in Ukraine.

(Bloomberg) -- Standard Chartered Plc’s Kenyan unit said it plans to increase its focus on the East African nation’s retail market, a segment that’s being targeted by fintech startups and digital banks.

The governor of the Bank of Namibia (BoN), Johannes !Gawaxab, says the central bank is looking at possibilities of working with various ministries and agencies in a bid to...

The governor of the Bank of Namibia (BoN), Johannes !Gawaxab, says the central bank is looking at possibilities of working with various ministries and agencies in a bid to...

(Bloomberg) -- Russian air strikes have shifted further west, close to the city of Lviv and Ukraine’s border with Poland, as Moscow warned that convoys of military aid from the West are “legitimate targets.

(Bloomberg) -- Emerging-market dollar bonds are starting to look like a bargain. The extra yield offered by developing-nation sovereign debt over U.S. Treasuries has risen above 500 basis points, crossing a threshold breached only two other times in more than a decade.

(Bloomberg) -- Australia’s federal budget, due later this month, will focus on households under strain from soaring prices of everything from bread to gasoline, Assistant Treasurer Michael Sukkar told Sky News in an interview. “Cost of living is a significant issue,” the minister said.

(Bloomberg) -- Philippine investors are lukewarm to the prospect of a Ferdinand “Bongbong” Marcos presidency, with Vice President Leni Robredo emerging as their top pick to oversee an economic rebound, according to a Bloomberg poll.

(Bloomberg) -- Emerging-market dollar bonds are starting to look like a bargain. The extra yield offered by developing-nation sovereign debt over U.S. Treasuries has risen above 500 basis points, crossing a threshold breached only two other times in more than a decade.

(Bloomberg) -- Goldman Sachs Group Inc. strategists lowered their target for the S&P 500 index for the second time in a month, implying negative returns for the year, after a global commodity crunch triggered by Russia’s invasion of Ukraine deepened the slump in U.S stocks.