Since the RBA’s March 31-April 1 meeting, data showed hotter-than-expected inflation, a surprise acceleration in wages and a tight job market. That suggests the RBA has “no reason to give any additional encouragement to the market’s rate cut hopes,” said Sean Keane, chief Asia Pacific strategist for JB Drax Honore, referring to pricing for two […]
Japan releases a slew of major indicators from across the economy, beginning midweek with exports and imports, machine orders, and PMI — all of which will provide a steer on the global effects of Trump’s trade war. Friday brings national consumer prices, which are set to remain elevated at 3.5%, and department store sales, which […]
Macquarie Asset Management sold its first US collateralized loan obligation earlier this month, while hedge fund Arini, run by former Credit Suisse Group AG star trader Hamza Lemssouguer, priced its debut US CLO in April. Anthelion Capital, an AI-based asset management platform, is also looking to come to market in the next few weeks, and […]
To be sure, Meloni has been caught up in a complex balancing act with regard to Trump, coming under pressure both at home and abroad. Bloomberg has previously reported that while the Italian leader has been privately startled by his remarks, she has however chosen to avoid criticism of him at all costs, sometimes going […]
Trump, in his Truth Social post, lashed out at the retailer, which employs 1.6 million people in the United States. He said the company, based in Bentonville, Arkansas, should sacrifice its profits for the sake of his economic agenda that he says will eventually lead to more domestic jobs in manufacturing.
NJ Transit is the nation’s third-largest transit system and operates buses and rail in the state, providing nearly 1 million weekday trips, including into New York City. The walkout halts all NJ Transit commuter trains, which provide heavily used public transit routes between Penn Station on one side of the Hudson River and communities in […]
“We have our legal, our kind of prescribed structures within which we have to work, but as human beings, none of us want to see this happen,” he said. “You know, it’s a small business, there’s 400 large animals. None of us want to see them dead.”
“I told them, if they insisted on coming in, we would burn the ship that night,” recalled Kuo Chien-ping, one of the movement’s leaders. Onshore, residents armed with rocks and bottles they claimed were filled with gasoline — it was actually water — lined the pier prepared to defend their island, also known as Lanyu. “It […]
“We assessed the social and economic effects of the exploration program and found it to be positive,” the decision says. It adds that Northback plans to spend $5 million as part of its exploratory project, “of which roughly 50 per cent will be spent locally.”
Joumanna Bercetche: $600 billion was the headline figure that the White House put out after that bilateral meeting that took place between the Crown Prince and President Trump. Later on, Crown Prince MBS in a speech said that they’re working to increase that figure to $1 trillion of actual deals though. From what we understand, […]