Breadcrumb Trail Links PMN Business The world’s financial markets are encountering a force they didn’t bet on for 2024: A strong dollar is back and looks set to stay. Author of the article: Bloomberg News Ruth Carson, Naomi Tajitsu, Carter Johnson and Tania Chen Published Apr 21, 2024 • 5 minute read jmgkklccc7ol6n}9ayqhvvo0_media_dl_1.png Bloomberg Article […]
Article content (Bloomberg) — Oil fell after its first back-to-back weekly decline this year as traders weighed the potential next steps from Iran and Israel amid simmering tensions in the Middle East. Brent slipped below $87 a barrel after losing 3.5% last week, the biggest drop since early February. There’s an uneasy calm over the […]
Breadcrumb Trail Links PMN Business Higher inflationary expectations and price tolerance are taking root in Japan, a development that supports the central bank’s moves to normalize policy and raise interest rates further. Author of the article: Bloomberg News Toru Fujioka Published Apr 21, 2024 • 3 minute read 2(38ux6c1img8z6t9h4o[jh3_media_dl_1.png Source: BOJ Article content (Bloomberg) — […]
Breadcrumb Trail Links PMN Business China’s most-promising industries are facing a growing threat of trade restrictions from Western governments, blurring the outlook for stocks that have the potential to fuel the nation’s market growth. Author of the article: Bloomberg News Bloomberg News Published Apr 20, 2024 • 4 minute read kmg82dso2mpz4(j)9d9}a{[e_media_dl_1.png BloombergNEF Article content (Bloomberg) […]
Breadcrumb Trail Links PMN Business Federal Reserve officials are about get further confirmation that inflation progress has stalled, supporting what appears to be a shift in tone to keep interest rates higher for longer than previously anticipated. Author of the article: Bloomberg News Molly Smith and Craig Stirling Published Apr 20, 2024 • 6 minute […]
Article content (Bloomberg) — The US House passed new sanctions on Iran’s oil sector set to become part of a foreign-aid package, putting the measure on track to pass the Senate within days. The legislation would broaden sanctions against Iran to include foreign ports, vessels, and refineries that knowingly process or ship Iranian crude in […]
Breadcrumb Trail Links PMN Business A highly anticipated Bitcoin software update called the “halving” has been completed, dealing a potential blow to the companies that make money by ensuring that the digital currency functions smoothly and securely. Author of the article: Bloomberg News David Pan Published Apr 19, 2024 • Last updated 18 minutes ago • […]
Breadcrumb Trail Links PMN Business Mexico’s leading presidential candidate Claudia Sheinbaum said she expects Petroleos Mexicanos, the world’s most indebted oil producer, to refinance its bonds ahead of upcoming maturities in 2025. Author of the article: Bloomberg News Maya Averbuch, Carolina Millan and Scott Squires Published Apr 19, 2024 • Last updated 29 minutes ago • […]
Article content (Bloomberg) — The fledgling US offshore wind industry took another blow Friday — but for a new reason: a desired turbine isn’t available. The absence of 18-megawatt turbines set off a chain of events leading to New York State ending negotiations for three major projects that would have totaled 4 gigawatts. The cancellation […]
Breadcrumb Trail Links PMN Business A Philippine freight railway project may be built with the support of the US and Japan, an official in charge of it said, as Manila seeks alternative financing deals after dropping funding talks with China. Author of the article: Bloomberg News Cliff Venzon Published Apr 19, 2024 • 2 minute […]