Breadcrumb Trail Links PMN Business President Javier Milei is taking a softer tone than he did as a candidate, saying he won’t touch existing trade agreements with Beijing. Author of the article: Bloomberg News Jonathan Gilbert and Manuela Tobias Published Apr 04, 2024 • 9 minute read 5h3lt9a7lw]]kb(h7f1biyrz_media_dl_1.png Source: Bloomberg Economics Article content (Bloomberg) — […]
Breadcrumb Trail Links PMN Business Japan’s currency is yet again at the mercy of the US economy, with Tokyo’s efforts to buy time for the beleaguered yen vulnerable to shifts in the outlook for interest rate cuts by the Federal Reserve. Author of the article: Bloomberg News Toru Fujioka Published Apr 04, 2024 • 4 […]
Article content (Bloomberg) — The Biden administration has dismissed a deal with House Speaker Mike Johnson to tie Ukraine aid to lifting the Biden administration’s pause of new liquefied natural gas export licenses. “The president has been clear that House Republicans should pass the bipartisan national security agreement that already passed the Senate as soon […]
Article content (Bloomberg) — Macquarie Asset Management is making a $50 billion bet on offshore wind after sidestepping a perfect storm of low power prices and cost inflation that forced many competitors to walk away. Corio Generation Ltd., the fully owned offshore wind unit of the Australian financial giant, along with partners including TotalEnergies SE, […]
Article content (Bloomberg) — Equity markets in Asia look set to open higher as the Federal Reserve reiterated it’s in no rush to cut interest rates and will await more evidence that inflation is under control. Futures contracts for the Nikkei 225 index pointed higher, while trading is still closed in Australia and Hong Kong […]
Breadcrumb Trail Links PMN Business Gildan Activewear Inc.’s former chief executive officer said he has a strategy to nearly double the clothing maker’s profits by 2028 if he returns to the job — and that investors will be better off with his plan than selling the company to the highest bidder. Author of the article: […]
Breadcrumb Trail Links PMN Business Healthy US employment gains continued in March while wage growth moderated, indicating the nation’s labor market is poised to keep stoking the economy with limited risk of an inflation resurgence. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published Mar 30, 2024 • 6 minute read a]vn1aech9fdw3tmmzeg18sh_media_dl_1.png […]
Breadcrumb Trail Links PMN Business Japan still relies on fossil fuels to generate more than 70% of its power. Author of the article: Bloomberg News Aaron Clark and Shoko Oda Published Mar 27, 2024 • 3 minute read eyifx0s55{4vc07a5r672ct}_media_dl_1.png Source: RE100 Article content (Bloomberg) — Amazon.com Inc., the world’s biggest corporate buyer of clean electricity, delivered […]
Breadcrumb Trail Links PMN Business Stocks in Asia are set for a muted open after US benchmarks wiped out gains in the final half hour of trading, with investors rebalancing their portfolios after a rally that’s already topped $4 trillion this year. Author of the article: Bloomberg News Rob Verdonck and Rita Nazareth Published Mar […]
Breadcrumb Trail Links PMN Business Asian stocks were mostly set to open weaker after US equities pulled back from a rally that drove the S&P 500 to multiple records, spurring speculation the market has gone too far, too fast. Author of the article: Bloomberg News Jason Scott Published Mar 25, 2024 • 5 minute read […]