Article content (Bloomberg Markets) — Hi. My name is Divya Balji. I’m 40 years old, and I’ve never exercised my democratic right to vote. A big part of that has to do with my leaving Singapore as a teenager. It seemed irresponsible to vote for the next government without having lived and worked in the […]
Breadcrumb Trail Links PMN Business Taylor Swift: The Eras Tour is poised to shatter records for a concert film this weekend — and has a shot at being the biggest US debut of 2023 — extending a box office resurgence driven by female icons. Author of the article: Bloomberg News Jessica Nix and Thomas Buckley […]
Article content (Bloomberg) — Argentina has no time to make gradual economic adjustments as it faces soaring consumer prices and its sixth recession in a decade, according to a top International Monetary Fund official. With just a week to go before a key presidential election, annual inflation has spiked to 138%. The central bank was […]
Article content (Bloomberg) — Chinese commodities imports remained buoyant in September as the economy showed some signs of recovery and traders pinned their hopes on further stimulus from Beijing. Construction and factory activity typically revives in the autumn after the summer lull, helping to narrow the decline in China’s total imports and supporting demand for […]
Breadcrumb Trail Links PMN Business China’s consumer inflation rate unexpectedly flatlined in September while factory-gate deflation persisted, suggesting the economy’s path to growth is still fragile and in need of additional support. Author of the article: Bloomberg News Bloomberg News Published Oct 12, 2023 • 3 minute read Join the conversation Motorists wait at a […]
Article content (Bloomberg) — Macquarie Asset Management is in talks with investors to raise as much as $11.5 billion in total for a trio of funds dedicated to Asia Pacific infrastructure, global renewables and energy transition, according to the people familiar with the matter. The Macquarie Group Ltd. unit is in discussions with prospective limited […]
Article content (Bloomberg) — Tata Consultancy Services Ltd.’s second-quarter profit narrowly missed street estimates, underscoring how worries about an economic slowdown continue to curtail tech spending. Net income rose 8.7% to 113.4 billion rupees ($1.4 billion) in the quarter through September. Analysts, on average, had projected a profit of 114.09 billion rupees. Sales climbed 7.9% […]
Breadcrumb Trail Links PMN Business Shares in Asia advanced before a report that’s expected to show a slowing in US inflation, which will help shape the outlook for the Federal Reserve’s next steps. A move by China’s sovereign wealth fund to buy shares of the country’s largest banks fueled further optimism. Author of the article: […]
Article content (Bloomberg) — An Australian court backed the government’s decision to approve expansions of two coal mines in a case that’s challenged the climate credentials of Prime Minister Anthony Albanese’s administration. Justice Shaun McElwaine upheld a decision by Environment Minister Tanya Plibersek to authorize the Whitehaven Coal Ltd. and MACH Energy Australia Pty. projects, […]
Article content (Bloomberg) — China’s new-energy passenger car exports more than doubled last month, as the nation’s growing clout in the global auto market comes under pressure from Europe and the US. China-based automakers shipped 91,000 clean vehicles abroad in September, including pure-electric and plug-in hybrids, an increase of 107% from a year earlier, data […]