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Breaking news and analysis on global financial markets ( feed imported by https://press.coop )
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Bloomberg Markets :press: 2 years ago
Malaysian Glovemakers Jump as Covid Cases Rise in Southeast Asia Top Glove Corp., the world’s biggest glovemaker, led a rally of peers in Malaysia as Covid-19 cases surged in Southeast Asia to raise expectations of increased demand for medical gear. #press
Bloomberg.com
Malaysian Glovemakers Jump as Covid Cases Rise in Southeast Asia
Top Glove Corp., the world’s biggest glovemaker, led a rally of peers in Malaysia as Covid-19 cases surged in Southeast Asia to raise expectation...
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Bloomberg Markets :press: 2 years ago
India Allots $142 Billion for Free Grains to 800 Million People India’s cabinet on Wednesday approved a proposal to spend 11.8 trillion rupees ($142 billion) to extend a free food program for about 800 million beneficiaries for five years. #press
Bloomberg.com
India Allots $142 Billion for Free Grains to 800 Million People
India’s cabinet on Wednesday approved a proposal to spend 11.8 trillion rupees ($142 billion) to extend a free food program for about 800 million...
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Bloomberg Markets :press: 2 years ago
China’s Belt and Road Eyes Smaller Projects, More Use of Yuan China said it would prioritize small projects and push for greater use of the Chinese currency through its Belt and Road Initiative, as President Xi Jinping looks to inject new life into his flagship investment program amid a slowing domestic economy and global skepticism over the project’s... #press
Bloomberg.com
China’s Belt and Road Eyes Smaller Projects, More Use of Yuan
China said it would prioritize small projects and push for greater use of the Chinese currency through its Belt and Road Initiative, as President X...
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Bloomberg Markets :press: 2 years ago
South Korea to Ban Stock Short-Selling Until June 2024 South Korea is banning short-selling of stocks from Monday until June 2024. The country's regulators said it discovered "massive illegal naked short-selling by global investment banks and circumstances of additional illegal activities.” Youkyung Lee reports on Bloomberg Television. (Source: Bloomberg) #press
Bloomberg
Watch South Korea to Ban Stock Short-Selling Until June 2024 - Bloomberg
South Korea is banning short-selling of stocks from Monday until June 2024. The country's regulators said it discovered "massive illegal naked sho...
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Bloomberg Markets :press: 2 years ago
AI Will Not Be a Job Killer, Emanuel Says Julian Emanuel of Evercore ISI says generative artificial intelligence will not be a job killer, instead he says it will help companies become more productive and connect with their clients. He's on "Bloomberg Surveillance." (Source: Bloomberg) #press
Bloomberg
Watch AI Will Not Be a Job Killer, Emanuel Says - Bloomberg
Julian Emanuel of Evercore ISI says generative artificial intelligence will not be a job killer, instead he says it will help companies become more...
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Bloomberg Markets :press: 2 years ago
Bitcoin Has More Than Doubled This Year In Unforeseen Resurgence Bitcoin has now more doubled in value this year in a surprising resurgence from a tumultuous 2022 that had some skeptics predicting the demise of digital assets. #press
Bloomberg.com
Bitcoin Has More Than Doubled This Year In Unforeseen Resurgence
Bitcoin has now more doubled in value this year in a surprising resurgence from a tumultuous 2022 that had some skeptics predicting the demise of d...
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Bloomberg Markets :press: 2 years ago
RBI Approves Ashok Vaswani as Kotak Mahindra Bank’s CEO Kotak Mahindra Bank Ltd. said India’s central bank has approved the appointment of Ashok Vaswani as its next chief executive officer and managing director, succeeding interim CEO Dipak Gupta. #press
Bloomberg.com
RBI Approves Ashok Vaswani as Kotak Mahindra Bank’s CEO
India’s central bank approved the appointment of veteran banker Ashok Vaswani as the new chief executive officer of Kotak Mahindra Bank, ending o...
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Bloomberg Markets :press: 2 years ago
Economists Urge BOE to Rejig Bond Sales After Market Rates Spike UK economists are urging the Bank of England to halt sales of long-dated government bonds under so-called quantitative tightening after a collapse in bond prices threatened to lock in billions of pounds of losses for taxpayers. #press
Bloomberg.com
Economists Urge BOE to Rejig Bond Sales After Market Rates Spike
UK economists are urging the Bank of England to halt sales of long-dated government bonds under so-called quantitative tightening after a collapse ...
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Bloomberg Markets :press: 2 years ago
Gas Deals Beyond 2050 Show Reality Gap on Europe Climate Goals Two days after the European Union declared it will push for a global phase-out of most fossil fuels well before 2050, Shell Plc signed a 27-year agreement to buy Qatari liquefied natural gas for the Netherlands. #press
Bloomberg.com
Gas Deals Beyond 2050 Show Reality Gap on Europe Climate Goals
Two days after the European Union declared it will push for a global phase-out of most fossil fuels well before 2050, Shell Plc signed a 27-year ag...
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Bloomberg Markets :press: 2 years ago
First Woman to Lead Germany’s Biggest Union Takes Aim at Tesla The incoming first female head of Germany’s most powerful labor union IG Metall is warning Elon Musk about efforts to avoid unionization at his Tesla Inc. factory near Berlin. #press
Bloomberg.com
First Woman to Lead Germany’s Biggest Union Takes Aim at Tesla
The incoming first female head of Germany’s most powerful labor union IG Metall is warning Elon Musk about efforts to avoid unionization at his T...
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Bloomberg Markets :press: 2 years ago
Italy Stock Bulls Are Set for Reality Check From Sovereign Risk Italian stocks have been on a roll this year. But with bond yields rising, recession risks looming and new economic forecasts raising some eyebrows, that may not be able to continue for much longer. #press
Bloomberg.com
Italy Stock Bulls Are Set for Reality Check From Sovereign Risk
Italian stocks have been on a roll this year. But with bond yields rising, recession risks looming and new economic forecasts raising some eyebrows...
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Bloomberg Markets :press: 2 years ago
Israel Ups the Ante, Vows to Wipe Hamas ‘Off Face of the Earth’ Prime Minister Benjamin Netanyahu, hours after forming an emergency government and wartime cabinet, foreshadowed a major ground attack on Gaza by promising to destroy Hamas. #press
Bloomberg.com
Israel Ups Ante, Vows to Wipe Hamas ‘Off Face of the Earth’
Prime Minister Benjamin Netanyahu, hours after forming an emergency government and wartime cabinet, foreshadowed a major ground attack on Gaza by p...
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Bloomberg Markets :press: 2 years ago
Italy’s Cipollone Wins EU Lawmakers’ Backing for ECB Board Job Piero Cipollone, who’s nominated to join the European Central Bank’s Executive Board, cleared a key hurdle in the process by winning the backing of lawmakers in the European Parliament. #press
Bloomberg.com
Italy’s Cipollone Wins EU Lawmakers’ Backing for ECB Board Job
Piero Cipollone, who’s nominated to join the European Central Bank’s Executive Board, cleared a key hurdle in the process by winning the backin...
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Bloomberg Markets :press: 2 years ago
Yield Surge to Hit US Growth But Still No Recession, Goldman Says Goldman Sachs Group Inc. economists said the surge in US Treasury yields to historically high levels over the last several weeks will crimp economic growth and sow financial risks, though the bank is still not calling for a recession. #press
Bloomberg.com
Yield Surge to Hit US Growth But Still No Recession, Goldman Says
Goldman Sachs Group Inc. economists said the surge in US Treasury yields to historically high levels over the last several weeks will crimp economi...
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Bloomberg Markets :press: 2 years ago
Celebrity Hotspot Cipriani Seeks €500 Million for Global Push Cipriani, the operator of celebrity-packed restaurants and members’ clubs, is seeking to raise as much as €500 million ($526 million) for its global expansion, people with knowledge of the matter said. #press
Bloomberg.com
Celebrity Hotspot Cipriani Seeks €500 Million for Global Push
Cipriani, the operator of celebrity-packed restaurants and members’ clubs, is seeking to raise as much as €500 million ($526 million) for its g...
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Bloomberg Markets :press: 2 years ago
Wall Street Stock Traders Refuse to Break in Week of Treasury Turmoil Wall Street stock traders have absorbed every blow this week, from ever-surging Treasury yields, relentless Federal Reserve hawkishness, dramas in commodities, and more. For all that, it’s a wonder just how well the equity-investing landscape is holding up. #press
Bloomberg.com
Wall Street Stock Traders Refuse to Break in Week of Treasury Turmoil
Wall Street stock traders have absorbed every blow this week, from ever-surging Treasury yields, relentless Federal Reserve hawkishness, dramas in ...
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