29.05.2024 10:04South Africa Heads Into Closest Election in Post-Apartheid Era South Africans vote in an election on Wednesday that looks set to reshape a political landscape dominated for three decades by the party that Nelson Mandela led to power. Joumanna Bercetche and Jennifer Zabasajja discuss the elections on Horizons: Middle East & Africa. (Source: Bloomberg)29.05.2024 9:51Mexico SurprisedВ Under AMLO. What Comes Next?29.05.2024 9:39Nobel Laureate Romer: AI Hype Risks Repeat of Crypto Bubble Nobel LaureateВ PaulВ Romer, a former chief economist of the World Bank and now professor of Boston College, says runaway confidence in artificial intelligence risks repeating the mistakes of the crypto hype bubble of only two years ago. He speaks from the sidelines of UBS Asian Investment Conference in Hong Kong on Bloomberg: Daybreak Australia. (Excerpt of the full interview) (Source: Bloomberg)29.05.2024 9:30Nobel Laureate Romer on US Economy, Federal Reserve, AI Nobel LaureateВ PaulВ Romer, a former chief economist of the World Bank and now professor of Boston College, discusses the prospects for the US economy and Federal Reserve policy. He also shares his views on artificial intelligence as he speaks from the sidelines of UBS Asian Investment Conference in Hong Kong on Bloomberg: Daybreak Australia. (Source: Bloomberg)29.05.2024 9:06Citigroup On Impact of High For Longer Fed Policy Citigroup Global Markets Head of Emerging Market Economics Johanna Chua discusses the impact of high for longer Fed policy on Asia. She speaks with Annabelle Droulers and David Ingles on Bloomberg Markets: Asia. (Source: Bloomberg)29.05.2024 9:05Thailand Plans Asia’s First Sovereign Sustainability-Linked Bond Thailand plans to sell as much as $1.1 billion of baht-denominated sustainability-linked bonds in the fourth quarter, in what looks set to be the first such offering from an Asian government.29.05.2024 9:00Bloomberg Daybreak: Asia 05/29/2024 Haidi Stroud-Watts and Annabelle Droulers in Sydney drive to the Asia, Australia and New Zealand market opens while wrapping the biggest stories of the previous day on Wall Street. (Source: Bloomberg)29.05.2024 9:00What’s a Carry Trade Again? And When Is It Not a Moneymaker? Here’s what sounds like a surefire way to improve an asset’s returns: Use cheaper money to buy it. That’s the core of what’s known as a foreign-currency carry trade. Investors take advantage of a difference in interest rates between two countries to borrow where the rate is low and invest where it’s high. Carry trades are especially popular when central banks in different parts of the world pursue diverging monetary policies, as one country might fight inflation while another seeks to boost grow29.05.2024 9:00Oil-Rich South Sudan Seeks $250 Million From IMF to Spur Growth South Sudan is seeking $250 million of financing from the International Monetary Fund to help the nation address balance of payment challenges and boost growth.29.05.2024 9:00EU Governments Need to Be Braver on Banking Rules, Toncar Says The European Union’s banking ambitions are misguided and the bloc needs a reset to make it easier for banks to operate across borders, according to a German deputy finance minister.29.05.2024 9:00German Finance Minister Standing Firm on 2025 Budget Restraint German Finance Minister Christian Lindner won’t yield to pleas from some of his cabinet colleagues for more money in next year’s budget and will stick firmly to his goal of enforcing strict borrowing rules, according to one of his deputies.29.05.2024 9:00Europe CEOs See China Ties Worsening Despite Economic Optimism A majority of European business leaders said the continent’s relationship with China will likely deteriorate over the next few years as challenges with trade and the geopolitical climate drive tensions.29.05.2024 9:00Swiss Support for Plan to Curb Health Costs Is Waning, Poll Says Swiss voters are growing skeptical toward proposed changes to the country’s health-care system, according to the last poll ahead of a June 9 ballot.29.05.2024 9:00China’s Oil Demand Outlook Darkens as OPEC+ Prepares to Meet As OPEC+ prepares to review global oil markets, trouble is brewing in the group’s biggest customer.29.05.2024 9:00ECB’s Vujcic Faces Uncertain Future With New Term in the Balance Croatia’s new government is throwing the future of the country’s central bank chief into question at a critical juncture for euro-zone interest rates.29.05.2024 8:58[DIGITAL CHUNK] Florian Toncar, German Deputy Finance Minister on China tariffs, neither US TBA (Source: Bloomberg)29.05.2024 8:38Japanese Bank Stocks Favored, Standard Chartered Says Daniel Lam, head of equity strategy at Standard Chartered Wealth Solutions, discusses the opportunities he sees in Japan and China. He speaks on Bloomberg: Daybreak Asia. (Source: Bloomberg)29.05.2024 7:53Goldman Delays Thai Rate Cut Call to 2025 on Cash Handouts Goldman Sachs Group Inc. expects the Bank of Thailand to start easing monetary policy in the first-half of 2025 instead of the second-half this year, as the government’s plan to spend more to support economic growth lowers pressure on the central bank to cut rates.29.05.2024 7:41Bloomberg Daybreak: Australia 05/29/2024 Haidi Stroud-Watts in Sydney and Annabelle Droulers in Singapore drive to the Asia, Australia and New Zealand market opens while wrapping the biggest stories of the previous day on Wall Street. (Source: Bloomberg)29.05.2024 7:38PwC Lost Five China Clients After Evergrande-Linked Probe PricewaterhouseCoopers LLP lost five Chinese clients in May alone, adding to a list of more than a dozen firms its stopped auditing in the country in the last two years.29.05.2024 4:33Oil Extends Gain as Geopolitical Risks Simmer Before OPEC+ Meet Oil extended gains as another attack on a ship in the Red Sea added to heightened geopolitical tensions in the Middle East ahead of an OPEC+ meeting.29.05.2024 3:19Asian Equities Decline as Bond Selloff Deepens: Markets Wrap Stocks and bonds in Asia dropped as investors assessed the impact of the rise in Treasury yields overnight and comments from a Federal Reserve speaker led to receding bets for US rate cuts.28.05.2024 21:57China: Weiterer Huarong-Topmanager wegen Bestechung zum Tode verurteilt Gegen Korruption geht das chinesische Regime unter Xi Jinping mit drakonischen Strafen vor. 2021 wurde der Chef der Finanzholding Huarong hingerichtet. Nun soll eine weitere FГјhrungskraft sterben.28.05.2024 21:46Deutsche Bahn: LokfГјhrersitz bricht auf Strecke Konstanz-Karlsruhe – Zugverkehr beeintrГ¤chtigt Erst fing die Lehne an zu wackeln, dann brach sie ab: Ein LokfГјhrer der Deutschen Bahn musste eine Fahrt nach Karlsruhe unterbrechen, weil der Sitz kaputtging. Baden-WГјrttembergs Verkehrsminister ist in Sorge.28.05.2024 21:41Bankenaufsicht Bafin hebt GeldwГ¤scheauflagen gegen N26 auf Betreutes Banking: Die Onlinebank N26 wuchs verdammt schnell – das wurde ihr wegen Fehlern verboten, bis jetzt. Die GrГјnder sagen: В»GeldwГ¤sche und FinanzkriminalitГ¤t haben wir unterschГ¤tzt.В«28.05.2024 21:22BHP and Anglo Remain Split on South Africa as Time Runs Out With just hours left on the clock, advisers for BHP Group and Anglo American Plc were still struggling to find a breakthrough to salvage BHP’s ambitious $49 billion takeover plan.28.05.2024 20:45Marken: Adidas gewinnt Streifen-Prozess gegen Nike Der Swoosh-Haken steht fГјr Nike, drei Streifen fГјr Adidas – entsprechend dieser Regel urteilte nun ein Gericht Гјber eine Sporthose. Doch Adidas kann nicht alle Streifendesigns fГјr sich beanspruchen.28.05.2024 19:51Rente: Politiker preisen das Modell in Г–sterreich - taugt es auch fГјr Deutschland? Politiker von Sahra Wagenknecht bis Hubertus Heil loben Г–sterreich fГјr seine Rentenpolitik. Ein Modell fГјr Deutschland ist die Altersvorsorge im Nachbarland trotzdem nicht.28.05.2024 19:25Wirtschaft: IWF traut Deutschland ab 2025 wieder hГ¶here Wachstumsraten zu Experten des IWF sehen die deutsche Wirtschaft auf gutem Kurs und loben die Reaktion auf ausbleibende russische Gaslieferungen. Jetzt aber brauche es Investitionen und Reformen – auch beim Streitthema Schuldenbremse.28.05.2024 17:31Galeria-Insolvenzplan: GlГ¤ubiger geben sich mit drei Prozent der AusstГ¤nde zufrieden FilialschlieГџungen und Kostensenkungen: Die Versammlung der GlГ¤ubiger von Galeria hat den Insolvenzplan fГјr den strauchelnden Konzern abgesegnet. Dabei sind die Aussichten fГјr sie selbst trГјbe.28.05.2024 17:10Limonaden-Streit: GetrГ¤nk darf auch mit wenig Zucker Limo heiГџen Nur ein pappig sГјГџes GetrГ¤nk darf Limo heiГџen, das galt bisher. Laut deutschen Leitlinien erforderte der Begriff einen Mindestzuckergehalt von 7 Prozent. Die Regelung wurde jetzt – nun ja: entschГ¤rft. 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