Category: PMN Business

Jun 8

Fed Dot Plot Is Set to Offer Glimpse of Rate-Cut Resolve

Breadcrumb Trail Links PMN Business Investors may glean more on the Federal Reserve’s resolve to ease monetary policy when US policymakers update their forecasts for interest rates Wednesday for the first time in three months. Author of the article: Bloomberg News Steve Matthews and Craig Stirling Published Jun 08, 2024  •  7 minute read mpr75foo3lp[4k7yyujwsr53_media_dl_1.png […]
Jun 8

Great Bank Asset Sale Is a Boon for Bond Market: Credit Weekly

Breadcrumb Trail Links PMN Business Banks are dumping assets and many of them are turning to a booming sector of the bond market to do so. Author of the article: Bloomberg News Immanual John Milton, Dan Wilchins and Abhinav Ramnarayan Published Jun 08, 2024  •  5 minute read s}}e5nc8s[a3ep8mpd8o0lnk_media_dl_1.png Bloomberg News analysis of JPMor Article […]
Jun 8

Putin Is Running Out of Time to Achieve Breakthrough in Ukraine

Breadcrumb Trail Links PMN Business For months, Russia’s army has made only limited gains on the battlefield against Ukrainian troops starved of weapons and ammunition. That’s a growing challenge for President Vladimir Putin as his military’s advantage starts to erode. Author of the article: Bloomberg News Bloomberg News Published Jun 08, 2024  •  5 minute […]
Jun 8

22 Chinese nationals sentenced to long prison terms in Zambia for multinational cybercrimes

Article content LUSAKA, Zambia (AP) — A Zambian court on Friday sentenced 22 Chinese nationals to long prison terms for cybercrimes that included internet fraud and online scams targeting Zambians and other people from Singapore, Peru and the United Arab Emirates. The Magistrates Court in the capital, Lusaka, sentenced them for terms ranging from seven […]
Jun 7

Frightened Germans Turn to Anti-War Party Amid Wave of Political Violence

Breadcrumb Trail Links PMN Business Sahra Wagenknecht founded her own pro-Russia party in January and is draining support from the far-right AfD Author of the article: Bloomberg News Arne Delfs Published Jun 07, 2024  •  4 minute read h9uq]y9eujdvfxd(kk123aoy_media_dl_1.png Europe Elects Article content (Bloomberg) — In the normally sleepy western German city of Saarbruecken near […]
Jun 7

Putin’s Wartime Central Banker Tells Him What He Doesn’t Want to Hear

Breadcrumb Trail Links PMN Business Bank of Russia Governor Elvira Nabiullina is helping keep Russia’s war economy on the rails but increasingly finds herself out-of-step with the government over key policies. Author of the article: Bloomberg News Bloomberg News Published Jun 07, 2024  •  8 minute read Bank of Russia Governor Elvira Nabiullina. Photo by Andrey Rudakov […]