Article content (Bloomberg) — Taiwan central bank Governor Yang Chin-long indicated inflation is becoming less of a concern for the island’s economy, comments that come a week before a key decision on rates. “CPI, core CPI, important staples prices and commonly purchased items prices are gradually falling,” Yang told lawmakers during a regular question-and-answer session […]
Breadcrumb Trail Links PMN Business President Joe Biden will take on two men he’s identified as present-day threats to democracy — Vladimir Putin and Donald Trump — as he marks one of the US’s greatest triumphs against authoritarianism. Author of the article: Bloomberg News Jordan Fabian and Michelle Jamrisko Published Jun 06, 2024 • 5 […]
Article content (Bloomberg) — One of Australia’s largest pension funds has backed arguments by the government and the nation’s big energy companies that natural gas will be needed as a bridging fuel in the transition to cleaner power. HESTA has assets of A$83 billion ($55 billion) and holds stakes of at least 0.5% in the […]
Article content ORLANDO, Fla. (AP) — Months after Disney and Gov. Ron DeSantis’ appointees agreed to end a protracted legal fight, the two sides are set to approve an agreement that could result in the company investing $17 billion into its Florida resort and opens the door to a fifth major theme park at Walt […]
Article content (Bloomberg) — Australia commanded a premium for its first sovereign green bond, as investors were drawn by the nation’s credible framework and plan to issue more debt. The nation attracted more than three times the A$7 billion ($4.7 billion) worth of debt maturing in June 2034 at the final clearing price, the Australian […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Kirsten Grieshaber And Haleluya Hadero Published Jun 04, 2024 • 5 minute read Article content BERLIN (AP) — When Michael Bommer found out that he was terminally ill with colon cancer, he spent a lot of time with his wife, Anett, talking about […]
Article content (Bloomberg) — Oil extended losses from the lowest settlement in almost four months after OPEC+’s plan to return barrels to the market earlier than expected raised concerns about oversupply. Brent fell below $78 a barrel after the August contract tumbled 3.4% on Monday. West Texas Intermediate was under $74. The alliance is scheduled […]
Breadcrumb Trail Links PMN Business This week’s interest-rate cut is a milestone for the European Central Bank. Author of the article: Bloomberg News Mark Schroers and Alice Gledhill Published Jun 03, 2024 • 6 minute read m56b6t0bahz7k7o99q4hxbb{_media_dl_1.png Bloomberg Article content (Bloomberg) — This week’s interest-rate cut is a milestone for the European Central Bank. For […]
Article content (Bloomberg) — South Korean oil and gas shares surged in early trade on Monday after President Yoon Suk Yeol approved a plan to develop a deposit of the fossil fuels discovered off the country’s southeastern coast. State-run Korea Gas Corp. jumped as much as 30%, while Posco International Corp. gained 24% following Yoon’s […]
Breadcrumb Trail Links PMN Business Sandwiched between the world’s great global powers in a time of deepening global tensions, Greek shipowners are still finding a way to thrive. Author of the article: Bloomberg News Alex Longley and Áine Quinn Published Jun 03, 2024 • 4 minute read 8r27yxipzbd8hw[bt)t4w)i4_media_dl_1.png Clarksons Article content (Bloomberg) — Sandwiched between […]