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Market News
October 19, 2021
888 to Lose $10 Milllion in Profit Next Year From Dutch Rules
888 Holdings Plc will lose out on $10 million in profit next year thanks to a legal overhaul in the Netherlands that will force it to apply for a...
October 19, 2021
Europe’s Fund Managers Hit by ESG Skepticism as Share Prices Sag
Shareholders are treating European asset managers with caution amid signs the industry is facing a regulatory crackdown on its claims around...
October 19, 2021
South Africa’s Transnet Probes Fire Outbreaks Amid Force Majeure
Transnet SOC Ltd., South Africa’s state-owned ports and freight-rail company, is investigating the cause of two fires that impacted bulk shipments...
October 19, 2021
Hong Kong Pension Fund Inflows Lowest in Three Years Amid Exodus
Hong Kong’s pension fund inflows likely dropped to their lowest in three years as residents take early retirement or leave the city, according to...
October 19, 2021
Delivery Hero Leads $1 Billion Funding Round for Gorillas
Delivery Hero SE invested $235 million in Gorillas Technologies GmbH, part of a nearly $1 billion funding round for the Berlin-based grocery startup.
October 19, 2021
RBA Rate Bets Surge, Yield Target Tested on Global Price Worries
Traders are pricing in more aggressive interest rate increases by the Reserve Bank of Australia and are challenging its three-year yield target amid...
October 19, 2021
India’s Gold Demand Faces Slowing Savings Rate, Farm Wages Risk
Gold demand in India is likely to face challenges from a declining household savings rate and lower agricultural wages, according to the World Gold...
October 19, 2021
Unfixable Problem, Hungary Rates, China Property Slump: Eco Day
Welcome to Tuesday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help you start the day.
October 19, 2021
China’s Central Bank Should Cut RRR, Government Adviser Says
China’s central bank has room to cut the amount of cash banks must hold in reserve in order to boost liquidity and support economic growth, a...
October 19, 2021