Breadcrumb Trail Links PMN Business US inflation showed scant signs of downward momentum at the start of the year, while healthy job growth undergirded the economy, backing the Federal Reserve’s stance to hold the line on interest rates for now. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published Feb 08, 2025 […]
Article content (Bloomberg) — A Russian underwater cable in the Baltic Sea has been damaged by an unspecified external impact, Tass reported on Saturday, citing the telecommunications provider PJSC Rostelecom. Article content Restoration work is underway and the incident has had no impact on subscribers so far, according to the state-owned company. Finnish media reported […]
Article content (Bloomberg) — Japan intends to closely monitor the impact on its currency of US President Donald Trump’s new tariffs and is worried about the international fallout from the trade imposts, Finance Minister Katsunobu Kato said. Article content “We need to carefully see how the exchange rate and other factors will be affected and […]
Breadcrumb Trail Links PMN Business Canada braced for economic turmoil and began rolling out retaliatory trade measures after President Donald Trump signed an executive order imposing 25% tariffs on almost everything the US imports from the country, and 10% on energy. Author of the article: Bloomberg News Thomas Seal Published Feb 01, 2025 • 3 […]
Breadcrumb Trail Links PMN Business South Korea’s exports maintained growth momentum in January, keeping optimism alive at the start of a year overshadowed by domestic political turmoil and Donald Trump’s tariff threat. Author of the article: Bloomberg News Sam Kim Published Jan 31, 2025 • Last updated 13 minutes ago • 3 minute read The Busan […]
Article content (Bloomberg) — The pace of price growth in Tokyo picked up, while other economic data suggested that Japan’s moderate recovery continues, backing the central bank’s economic outlook a week after authorities raised the benchmark rate again. Article content Consumer prices excluding fresh food in the capital climbed 2.5% in January from a year […]
Breadcrumb Trail Links PMN Business President Donald Trump’s inaugural committee received millions of dollars in donations from firms in the cryptocurrency industry that’s already seeing special attention from his administration, disclosures filed with the Senate Office of Public Records show. Author of the article: Bloomberg News Bill Allison Published Jan 30, 2025 • 2 minute […]
Article content (Bloomberg) — Average UK water bills are set to rise 26% from April, the biggest ever increase for households and business still feeling the sting of a cost-of-living crisis. Article content The industry association Water UK announced details of the hike, which is adjusted to inflation, following industry regulator Ofwat’s final price determinations […]
Breadcrumb Trail Links PMN Business It’s not a skip, it’s a pause — and maybe an extended one. Author of the article: Bloomberg News Jonnelle Marte and Catarina Saraiva Published Jan 29, 2025 • 3 minute read nqe8h8u4uqve5sn]twcoj91i_media_dl_1.png Bureau of Economic Analysis Article content (Bloomberg) — It’s not a skip, it’s a pause — and […]
Article content (Bloomberg) — A $400 billion green bank for clean energy projects and a popular consumer tax credit for electric vehicles are among items being targeted for review under a government-wide spending freeze ordered by the Trump administration. Article content The initiatives are listed in a 52-page document from the White House Office of […]