Page 2 - Ruth Carson News Today

(Bloomberg) -- There’s a subtext to this year’s blistering rally in US risk assets: When it comes to the dollar, there is no alternative.Most Read from BloombergA Spike in Heart Disease Deaths Since Covid Is Puzzling ScientistsBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniNigeria Delivers Jumbo Rate Hike to Aid Its Battered NairaOffice Tower Deal for $1 Reveals Anxiety Among Longtime BuyersThe greenback is just shy of the record it reached during the pandemic a...

(Bloomberg) -- Thailand’s Prime Minister Srettha Thavisin asked the central bank to urgently hold an unscheduled meeting of its Monetary Policy Committee to cut interest rate, saying the latest data indicated that the nation’s economy was in a crisis. Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover Financial in $35 Billion Stock DealWall Street’s Moelis Bet Big on the Middle East. Now He’s Cashing InS...

(Bloomberg) -- Thailand’s Prime Minister Srettha Thavisin asked the central bank to urgently hold an unscheduled meeting of its Monetary Policy Committee to cut interest rate, saying the latest data indicated that the nation’s economy was in a crisis. Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover Financial in $35 Billion Stock DealAmazon Deserves to Be Called Out for Swindling UsersWall Street’s Moelis Bet...

(Bloomberg) -- India and Indonesia were once famously lumped together as part of Morgan Stanley’s “Fragile Five.” A decade later they are investor favorites.Most Read from BloombergGermany’s Days as an Industrial Superpower Are Coming to an EndTop Nigerian Banker Killed in California Helicopter CrashWhite House Calls Trump’s Remarks About NATO ‘Appalling’Trump Says War in Ukraine Must End Even as US Aid AdvancesThe outlook for the bonds and curren...

Carman Lee is back in Ipoh, her hometown in northwestern Malaysia, after a seven-and-half hour bus ride from Singapore for the upcoming Lunar New Year. The Westin Singapore employee has another reason to celebrate this festive season: an all-time high local dollar that makes everything that much cheaper against the ringgit.

(Bloomberg) -- Indonesian President Joko Widodo’s behind-the-scenes backing of a presidential candidate is fracturing his government, with several ministers weighing resignation.Most Read from BloombergUpbeat Musk Can’t Soothe Tesla Investors’ Fears About GrowthRussia Says Ukraine Downed Plane Carrying Prisoners for SwapBoeing Halted From Further Max Production Increases by FAAHow Yemen’s Houthi Attacks Are Hurting the Global Supply ChainAmong them is Finance Minister...

Indonesian President Joko Widodo’s behind-the-scenes backing of a presidential candidate is fracturing his government, with several ministers weighing resignation. Among them is Finance Minister Sri Mulyani Indrawati, who has been integral in steadying Southeast Asia’s largest economy, according to people who asked not to be named discussing sensitive information. Others…

Skepticism over Chinese assets is spreading beyond stocks, with investors expecting the yuan and government bonds to underperform in a year when the Federal Reserve’s dovish pivot is set to buoy emerging markets. Bearish sentiment toward China has intensified as the latest data confirmed the world’s second largest economy remains…

(Bloomberg) -- Japan, Asia’s most-popular market, also has its detractors. Most Read from BloombergBlinken’s Return From Davos Was Delayed After Plane Broke DownPakistan’s Army Strikes Back at Iran as Both Sides Urge CalmApple to Sell Watches Without Oxygen Feature After Legal SetbackAirstrikes on Yemen Bring New Level of Chaos to Shipping in the Southern Red SeaNasdaq 100 Hits Record High in Tech-Fueled Rebound: Markets WrapInvestor enthusiasm for Japanese equities dominate...

A slew of trades around the world, from bank bonds to cryptocurrencies, either blew up or rocketed higher against expectations in 2023.