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Market News
September 29, 2021
U.K. Hiring Spree, Stagflationary Forces, Uneven Growth: Eco Day
Welcome to Wednesday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:
September 29, 2021
Fitch Cuts Rating as Coupon Payment Looms: Evergrande Update
Fitch Ratings has cut China Evergrande Group’s credit rating further to just one notch above default level, citing the likelihood of the distressed...
September 29, 2021
Deaths of Women and Children Show Wider Impact of Pandemic
Disruption to health systems in lower-income nations during the pandemic has caused an increase in deaths among women and children that’s more than...
September 29, 2021
Australia’s Printing-Press Stimulus to Fuel Inflation, CBA Says
Australia’s vast government cash transfers to households are being indirectly financed by central bank bond-buying, which constitutes money...
September 29, 2021
Japan’s 2020 Suicide Spike Led by Female Workers, Kyodo Reports
A spike in Japanese suicides last year was fueled by more female workers and students taking their own lives during the Covid pandemic, Kyodo News...
September 29, 2021
Taliban Say U.S. Drones Recently Entered Afghanistan’s Airspace
U.S. drones have recently entered Afghanistan’s airspace and such violations must be rectified and prevented, the Taliban said on Wednesday.
September 29, 2021
South Korea Is Beating Hong Kong in IPO Proceeds This Quarter
South Korea’s market for initial public offerings has been on fire in the third quarter, with record proceeds that are set to surpass Hong Kong’s...
September 29, 2021
Why the Philippines Just Became the Worst Place to Be in Covid
The Philippines fell to last place in Bloomberg’s Covid Resilience Ranking of the best and worst places to be amid the pandemic, capping a steady...
September 29, 2021
China Hidden Local Government Debt Is Half of GDP, Goldman Says
China’s hidden local government debt has swelled to more than half the size of the economy, according to economists at Goldman Sachs Group Inc.,...
September 29, 2021