by Bloomberg.com | Sep 12, 2024 | alerts, Markets/Economy
Ron Temple says tariffs could rekindle threat of stagflation Recommends defensive plays, staples, infrastructure stocks Donald Trump’s plans to impose sweeping tariffs on foreign-produced goods are likely to reignite the risk of high inflation and low US economic...
by Bloomberg.com | Sep 12, 2024 | alerts, Markets/Economy
Beijing shifts emphasis from infrastructure with consumer aid But local officials are tightening belts due to budget crunch Finance chiefs in Beijing are testing new ways to boost the economy by encouraging demand, breaking with long-established practice as threats to...
by Bloomberg.com | Sep 11, 2024 | alerts, Markets/Economy
State-owned brokers have made staff hand in travel documents Regulators are scrutinizing IPOs, capital raising activities China is turning up the heat on its army of 8,700 investment bankers. After being forced to take big pay cuts and adhere to other belt-tightening...
by Bloomberg.com | Sep 11, 2024 | alerts, Markets/Economy
Investors bet on more aggressive easing as economy stalls Some economists say cash rate must fall below neutral level New Zealand’s central bank will cut interest rates further and faster than it says it will as the economy contracts and inflation slows, according to...
by Bloomberg.com | Sep 11, 2024 | alerts, Markets/Economy
Carmaker is mulling first-ever German factory closures VW’s Pötsch sees talks with unions lasting to end-2024 Volkswagen AG Chairman Hans Dieter Pötsch urged the European Union to alter its emissions targets and provide clarity to the car industry as the automaker...