Category: BLOOM

Sep 23

Canada Gave Details Linking India Government to Sikh’s Murder

Article content (Bloomberg) — Canadian officials shared evidence with India’s government, including communications and phone numbers that they believe link Indian agents with the murder of a Sikh activist, before Prime Minister Justin Trudeau went public with the allegation, said people familiar with the matter. The information was exchanged via security officials of the two […]
Sep 22

Global Funds Double Sales of Japanese Stocks to Most Since 2019

Article content (Bloomberg) — Foreign investors sold the most Japanese equities since March 2019 last week as the Topix index reached a fresh multi-decade high.  They offloaded a net ¥1.58 trillion ($10.7 billion) of stocks, almost double the amount the previous week, data from the Ministry of Finance showed. Article content “Investors who bought Japanese […]
Sep 21

China Turns to Australian and Russian Coal to Improve Quality of Its Own Fuel

Article content (Bloomberg) — China’s booming coal imports include more high-grade cargoes from Australia and Russia, as users offset the worsening quality of coal mined at home with fuel from abroad. Australia’s exports of thermal coal for power plants and coking coal for steelmaking rose to 6.69 million tons last month, the highest since July […]
Sep 20

Ford Avoids Strike at Canada Plants With Late-Night Union Deal

Article content (Bloomberg) — Workers at Ford Motor Co.’s Canadian unit avoided a strike, reaching a tentative agreement late Tuesday after extending negotiations by 24 hours from a previous deadline. Unifor, the Canadian autoworkers’ union, pushed for improved pension benefits, higher wages and support for workers during the electric-vehicle transition.  Article content “When faced with […]