Breadcrumb Trail Links PMN Business Canada is on the verge of an agreement with Honda Motor Co. that would see the Japanese firm build electric vehicles and their components in the province of Ontario, according to people familiar with the matter. Author of the article: Bloomberg News Brian Platt Published Apr 21, 2024 • 4 […]
Breadcrumb Trail Links PMN Business Higher inflationary expectations and price tolerance are taking root in Japan, a development that supports the central bank’s moves to normalize policy and raise interest rates further. Author of the article: Bloomberg News Toru Fujioka Published Apr 21, 2024 • 3 minute read 2(38ux6c1img8z6t9h4o[jh3_media_dl_1.png Source: BOJ Article content (Bloomberg) — […]
Breadcrumb Trail Links PMN Business Federal Reserve officials are about get further confirmation that inflation progress has stalled, supporting what appears to be a shift in tone to keep interest rates higher for longer than previously anticipated. Author of the article: Bloomberg News Molly Smith and Craig Stirling Published Apr 20, 2024 • 6 minute […]
Article content (Bloomberg) — Beijing’s currency defense against the dollar risks coming undone by the side effect it is having against the other major currencies in China’s trading orbit. The official CFETS RMB Index, which measures the yuan’s performance versus 24 peers, has climbed 2.7% since end-December and rallied to the highest in a year […]
Article content (Bloomberg) — Canada’s decision to increase capital gains taxes was criticized by businesses who warned the move would only exacerbate the country’s investment and productivity woes. In a bid to raise billions of dollars to help pay for policies to correct a housing crisis which has turned off younger voters, Finance Minister Chrystia […]
Breadcrumb Trail Links PMN Business The high tide for global interest rates has passed, but respite for the world economy may be limited as policymakers stay wary at the threat of inflation. Author of the article: Bloomberg News Bloomberg News Published Apr 14, 2024 • 26 minute read Shaktikanta Das Photo by Dhiraj Singh /Bloomberg […]
Breadcrumb Trail Links PMN Business Shares in Asia slipped Monday, tracking a fall in US equities, as markets grappled with ratcheting tensions after Iran’s unprecedented attack on Israel at the weekend. Author of the article: Bloomberg News Winnie Hsu Published Apr 14, 2024 • Last updated 4 minutes ago • 3 minute read qesm35u8z2cyco3ye2jy5f{i_media_dl_1.png Bloomberg Article […]
Breadcrumb Trail Links PMN Business If the global economy is heading for a soft landing, there’s likely to be plenty of anxiety along the way. Author of the article: Bloomberg News Ramsey Al-Rikabi and Craig Stirling Published Apr 13, 2024 • 7 minute read Jerome Powell, chairman of the US Federal Reserve, from left, Kazuo […]
Article content (Bloomberg) — Alphabet Inc.’s Google will temporarily remove links to California news sites for an unspecified number of users in the state as it studies the impact of proposed legislation that would force the company to pay for serving up such content. Jaffer Zaidi, Google’s vice president of global news partnerships, said in […]
Breadcrumb Trail Links PMN Business Tomoki Yoshihara starts his shift at a meat-processing plant in rural Australia at 5am, and earns three times more butchering lamb for almost 50 hours a week than he did as a member of Japan’s military. Author of the article: Bloomberg News Momoka Yokoyama and Mia Glass Published Apr 12, […]