by Bloomberg.com | Feb 9, 2024 | alerts, Markets/Economy
(Bloomberg) — The consumer price index continued to draw relatively weak response rates in 2023, calling to question the accuracy of the widely watched US inflation data. The share of completed surveys that were used in the CPI estimation stood at 71% in 2023,...
by Bloomberg.com | Feb 9, 2024 | alerts, Markets/Economy
Commercial real estate is a key focus for ECB supervisors Contagion spreading to European banks as values plunge The European Central Bank is signaling to lenders that they may face higher capital requirements if they have an insufficient handle on risks they face...
by Bloomberg.com | Feb 9, 2024 | alerts, Markets/Economy
Nearly $20 billion rushed into China shares during last week Officials ramp up market intervention to stem stock rout Funds tracking the topsy-turvy Chinese stock market just recorded their biggest-ever weekly inflows, according to Bank of America Corp. strategists. A...
by Bloomberg.com | Feb 9, 2024 | alerts, Markets/Economy
L’Oreal shares tumble after China weakness weighs on sales Hermes sales were boosted by strength in Americas and Japan Just over a year after China ended its Covid-Zero policy, the expected bounceback in spending on high-end consumer goods has failed to live up to...
by Bloomberg.com | Feb 8, 2024 | alerts, Markets/Economy
Overseas developments from Mayfair to Toronto hit the market Discount prices could force a reassessment of industry losses Chinese investors and their creditors are putting up “For Sale” signs on real estate holdings across the globe as the need to raise cash amid a...
