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Category: Economy

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Latest News (21755 articles)

Economy Bloomberg
67d ago
Singapore Banks Draw $61 Billion in New Wealth From Asia’s Rich

Singapore’s three biggest banks pulled in a combined S$77 billion ($61 billion) in net new wealth money last year as …

Singapore's three major banks attracted $61 billion in new wealth from Asia's rich in 2023, … High (80%)
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Bloomberg Neutral
Economy Bloomberg
67d ago
Arla Foods Makes Record Investment With $350 Million Cheese Bet

Arla Foods Amba, Northern Europe’s largest dairy company, will make its biggest investment ever, spending about €300 million ($350 million) …

Arla Foods Amba is making its largest investment ever, spending $350 million to expand cheese … High (90%)
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Bloomberg Neutral
Economy Bloomberg
67d ago
Thai Baht Gains Among Drivers of Surprise Rate Cut, Analysts Say

The Thai Baht’s strength is likely among factors underpinning the Bank of Thailand’s unexpected decision to lower interest rates, according …

The Thai Baht's strength is being considered as a factor behind the Bank of Thailand's … High (80%)
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Bloomberg Neutral
Economy Bloomberg
67d ago
Incredibly Bullish Macro Environment: 3-Minutes MLIV

Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: …

The article highlights a positive macro environment, suggesting a bullish outlook for investors and analysts. … High (90%)
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Bloomberg Neutral
Economy Bloomberg
67d ago
Russia and Iran Slashing Prices to China as Oil Piles Up at Sea

Russian and Iranian oil producers are offering deepening discounts as they compete for the same limited group of Chinese buyers …

Russia and Iran are slashing oil prices to China due to increased competition and reduced … High (80%)
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$OIL
Bloomberg Neutral
Economy Bloomberg
67d ago
Tycoon Richard Li’s Bolttech Is Said in Talks to Buy MoneyHero

Bolttech Holdings Ltd. is in talks to buy Nasdaq-listed MoneyHero Ltd., people familiar with the matter said, a move that …

Bolttech Holdings, backed by billionaire Richard Li, is in talks to acquire MoneyHero Ltd, a … High (80%)
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$NASDAQ
Bloomberg Neutral
Economy Bloomberg
67d ago
Hong Kong to Tap Peg Defense Fund for First Time in 40 Years

Hong Kong is planning for the first time in 40 years to tap the fund that ensures the stability of …

Hong Kong plans to tap its Peg Defense Fund for the first time in 40 … High (70%)
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Bloomberg Neutral
Economy Bloomberg
67d ago
Korea Passes Another Reform Bill in Push for Shareholder Value

South Korea’s parliament approved a long-debated legal revision requiring companies to cancel treasury shares, a key step in the government’s …

South Korea's parliament has passed a reform bill aimed at improving corporate governance and boosting … High (90%)
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Bloomberg Neutral
Economy Bloomberg
67d ago
Nippon Steel’s $3.9 Billion Deal Jumpstarts Japan’s Convertible Bond Market

Nippon Steel Corp.’s record-breaking convertible bond offering is highlighting the quest of Japanese companies for cheaper funding than increasingly expensive …

Nippon Steel's $3.9 billion convertible bond offering is expected to boost Japan's convertible bond market, … High (90%)
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Bloomberg Neutral
Economy Bloomberg
67d ago
Hong Kong Seeks to Attract More Borrowers in Offshore Yuan Push

Hong Kong is seeking to attract more yuan borrowers and expand trading products in the Chinese currency, as officials capitalize …

Hong Kong is actively promoting the use of the yuan in international transactions, aiming to … High (90%)
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Bloomberg Neutral
Economy Bloomberg
67d ago
India’s Bond Bankers Push Regulator for More Funding Flexibility

Indian bankers that specialize in selling corporate debt securities are asking the financial regulator for permission to borrow funds against …

Indian bond bankers are seeking more funding flexibility from the financial regulator, requesting permission to … High (80%)
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Bloomberg Neutral
Economy Bloomberg
67d ago
GSK Secures High Blood Pressure Drug in $950 Million Deal

GSK Plc agreed to buy 35Pharma Inc., a biotech with an early-stage high blood pressure drug, as the UK pharmaceutical …

GSK Plc has agreed to acquire 35Pharma Inc. in a $950 million deal, expanding its … High (90%)
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Bloomberg Neutral

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