Bloomberg Markets :press: - Nostr Hypermedia

Bloomberg Markets :press:

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Breaking news and analysis on global financial markets ( feed imported by https://press.coop )

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

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...

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

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...

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

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...

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

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

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

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...

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

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...

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

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...

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

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 ...

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

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...

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

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...

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

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...

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

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...

Bloomberg Markets :press: 2 years ago

<em>Pax Volckeriana</em> Is Done. Welcome to the New Order The secular trend that led to ever-lower bond yields starting in the 1980s has ended. How long this new regime will last isn’t yet written. #press

Pax Volckeriana Is Done. Welcome to the New Order

The secular trend that led to ever-lower bond yields starting in the 1980s has ended. How long this new regime will last isn’t yet written.

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

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...

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

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...

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

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...

Bloomberg Markets :press: 2 years ago

Lagarde Confident ECB’s Policy Will Bring Inflation Back to Goal #press

Lagarde Confident ECB’s Policy Will Bring Inflation Back to Goal

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

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 ...

Bloomberg Markets :press: 2 years ago

Bonds Backed by Subprime Auto Loans Shrug Off Soaring Delinquencies Spreads on the lowest rated bonds backed by subprime auto loans have fallen to the lowest in a year, part of a broader tightening of risk assets that until recently had pulled the corporate bond market tighter as well. #press

Bonds Backed by Subprime Auto Loans Shrug Off Soaring Delinquencies

Spreads on the lowest rated bonds backed by subprime auto loans have fallen to the lowest in a year, part of a broader tightening of risk assets th...

Bloomberg Markets :press: 2 years ago

Treasuries Tumble With US Payroll Growth Blowing Past Estimates #press

Harrowing Week for Bonds Brings Historic Yields, Little Clarity

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