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11.04.2024 12:49
Rate Cut Odds Wane in Emerging Asia as US Inflation Speeds Asian central banks may have to consider the possibility of fewer or no rate cuts this year after stronger-than-expected US inflation drove markets to push back the probability of monetary policy easing in the world’s largest economy.

11.04.2024 12:27
Bloomberg Markets: Asia 04/11/2024 Bloomberg Markets: Asia is the definitive guide to the markets in Hong Kong and on the mainland. Haslinda Amin brings you the latest news and analysis to get you ready for the trading day. (Source: Bloomberg)

11.04.2024 11:17
ADB: Developing Asia to Grow 4.9% in 2024 John Beirne, Principal Economist at the Asian Development Bank, discusses his outlook for growth in the Developing Asia region. He speaks with Haidi Stroud-Watts and Annabelle Droulers on Daybreak Asia. (Source: Bloomberg)

11.04.2024 10:29
Bloomberg Daybreak: Asia 04/11/2024 Haidi Stroud-Watts in Sydney and Annabelle Droulers in Hong Kong drive to the Asia, Australia and New Zealand market opens while wrapping the biggest stories of the previous day on Wall Street. (Source: Bloomberg)

11.04.2024 10:00
Why Nigeria’s Currency Rebounded and What It Means for the Economy Nigeria pumps almost 1.5 million barrels of oil a day, making it the continent’s biggest producer. Yet this petrodollar nation faces repeated shortages of hard currency that choke its economy. President Bola Tinubu, who took office in May 2023, has moved to overhaul the country’s foreign-exchange market and attract investment, but the process has been bumpy. The devaluation of the local naira currency stoked inflation, and the central bank reacted by sharply increasing borrowing costs — at the r


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