Tag: BLOOM

Oct 16

Germany’s Year of Frailty Is Seen Ending in Double-Dip Recession

Article content (Bloomberg) — Germany won’t escape a second recession this year as the economy long seen as Europe’s motor limps through persisting industrial weakness, according to forecasters.  Gross domestic product declined 0.2% in the quarter through September and will probably fall a further 0.1% before the end of 2023, Bloomberg’s survey of economists shows. […]
Oct 15

New Zealand Elects Center-Right Government for Post-Pandemic Era

Breadcrumb Trail Links PMN Business New Zealanders have chosen a center-right government to manage mounting economic challenges in the aftermath of the pandemic, rejecting the left-leaning administration of Prime Minister Chris Hipkins. Author of the article: Bloomberg News Matthew Brockett Published Oct 14, 2023  •  4 minute read Join the conversation Christopher Luxon on Oct. […]
Oct 14

China’s Economy Is in Search of More Stable Footing

Breadcrumb Trail Links PMN Business China’s economy isn’t yet on secure footing, as recent green shoots have been offset by lingering fears about the property crisis and a stubborn inability to revive confidence. Author of the article: Bloomberg News Bloomberg News Published Oct 14, 2023  •  7 minute read Join the conversation qovqw20no0vcee]r5kkpls4{_media_dl_1.png Sources: Brazil […]
Oct 14

Private Credit’s Secrecy Causes Watchdogs to Fret: Credit Weekly

Breadcrumb Trail Links PMN Business Risky private credit lending is vulnerable to higher interest rates and debt crunches, according to watchdogs across the globe that are seeking more transparency from the industry. Author of the article: Bloomberg News Katharine Hidalgo Published Oct 14, 2023  •  5 minute read Join the conversation sl2d80qljj29rmacg3ga3)g(_media_dl_1.png Source: Preqin Article […]
Oct 13

China’s Commodities Imports Stay Buoyant as Economy Revives

Article content (Bloomberg) — Chinese commodities imports remained buoyant in September as the economy showed some signs of recovery and traders pinned their hopes on further stimulus from Beijing. Construction and factory activity typically revives in the autumn after the summer lull, helping to narrow the decline in China’s total imports and supporting demand for […]