Tag: BLOOM

Nov 4

China’s Fight Against Deflation May Be Far From Over

Breadcrumb Trail Links PMN Business China’s deflationary pressures just aren’t going away, underscoring the fragility of the economic recovery as 2023 enters the home stretch. Author of the article: Bloomberg News Bloomberg News Published Nov 04, 2023  •  7 minute read Join the conversation e(guv06)cx]15idjhw1(e]b4_media_dl_1.png Sources: Central banks, Bloomber Article content (Bloomberg) — China’s deflationary […]
Nov 4

Germany’s Next Election Campaign Is Already Getting Started

Breadcrumb Trail Links PMN Business Germany’s next election isn’t due until 2025 but campaigning is already up and running and Robert Habeck has seized the early initiative. Author of the article: Bloomberg News Kamil Kowalcze Published Nov 04, 2023  •  4 minute read Join the conversation j9zrkzmo7fjyfpz}s]hcwz04_media_dl_1.png Source: INSA Article content (Bloomberg) — Germany’s next […]
Nov 4

Singapore May Review Past Takeovers on National Security Grounds

Article content (Bloomberg) — Singapore’s government will get powers to block takeovers of key entities, including those that act against national security interests and change ownership or control in the two years before a proposed new law comes into effect. The proposed Significant Investments Review Bill, expected to be enacted next year, would require buyers […]
Nov 3

Singapore Plans Investment Rules to Shield Critical Entities

Article content (Bloomberg) — Singapore plans to screen investments more closely in sectors critical to its national interests, as part of a new regime to boost security without undermining the Asian financial hub’s reputation for ease of doing business.  The proposed Significant Investments Review Bill seeks to allow the government to review ownership or control […]
Nov 2

War May Give Egypt Yet Another Reason to Hold Rates: Day Guide

Article content (Bloomberg) — Egypt looks poised to hold interest rates again Thursday as the latest Middle Eastern conflict on its borders gives the economically troubled country a further reason to tread carefully. The North African nation was already expected to save its next bout of monetary tightening until it enacts another much-anticipated currency devaluation […]
Nov 2

Europe’s Great Housing Crisis Is Only Getting Started

Breadcrumb Trail Links PMN Business A collapse in home building threatens to intensify shortages for years to come Author of the article: Bloomberg News Laura Malsch and Niclas Rolander Published Nov 02, 2023  •  6 minute read Join the conversation wyfy(tf(a5g61r{j}k4n6]7t_media_dl_1.png Sources: Ifo, German Federal Sta Article content (Bloomberg) — In a leafy neighborhood in […]
Nov 2

Origin Fight Shows Emerging Force of Australia’s Mega-Pensions

Article content (Bloomberg) — AustralianSuper Pty’s latest rejection of the A$19.4 billion ($12.5 billion) bid for Origin Energy Ltd. signals more than a snub from the firm’s largest shareholder. It’s a clear display of the increasing clout of Australia’s giant pension funds. While it’s too early to brand the A$3.5 trillion superannuation industry as activists, […]
Nov 1

Indonesia Excludes Off-Grid Coal From $21.5 Billion Climate Deal

Article content (Bloomberg) — Indonesia will confine its spending plans for its historic $21.5 billion climate aid package to on-grid power, punting on the issues presented by the growing fleet of coal-fired plants that service industrial sites in remote areas.  In a revised Comprehensive Investment Policy Plan reviewed by Bloomberg, the country also added a […]
Nov 1

In Major Protectionist Move, Spain Considers Stake in Telefonica

Breadcrumb Trail Links PMN Business Spain is considering whether to shield its “most strategic” company from foreign takeovers in what could be the the government’s most significant protectionist move in more than a decade. Author of the article: Bloomberg News Rodrigo Orihuela Published Nov 01, 2023  •  3 minute read Join the conversation Jose Maria […]