Tuesday , 16 December 2025

Admin

Stocks, bonds rally as ECB’s Draghi fuels stimulus hopes

Bloomberg Stocks rallied with bonds on Tuesday as comments from ECB officials added fuel to investors’ hopes for easier monetary policies from the world’s biggest central banks. Futures on the S&P 500, Nasdaq 100 and Dow Jones indexes advanced along with the Stoxx Europe 600, while Japan’s Topix bucked the trend as most Asian gauges rose earlier. The euro turned …

Read More »

MoneyGram soars with Ripple tie-up

Bloomberg MoneyGram International Inc soared as much as 155 percent in early trading after a tie-up with blockchain-technology company Ripple. The rally is reminiscent of late 2017, when a wave of small-cap stocks saw valuations multiply as they re-branded as blockchain companies. The difference is that MoneyGram is an established company with about 2,400 staff and $1.4 billion in annual …

Read More »

Fed set to consider half-point move for interest rate cuts

Bloomberg Financial markets have gotten used to the Federal Reserve adjusting its benchmark interest rate in small increments. They might want to be ready for a change. While no move is expected as officials gather this week, economists and investors generally agree the Fed is going to cut rates this year. The last two times the Fed began an easing …

Read More »

Draghi sees prospect of more ECB stimulus amid weak inflation

Bloomberg Mario Draghi nudged the European Central Bank (ECB) closer to pumping more monetary stimulus into the economy, highlighting that “lingering” risks are strengthening the case for action. The ECB president said at the institution’s annual forum in Sintra, Portugal, that “additional stimulus will be required” if the economic outlook doesn’t improve. He said the commitment to keeping interest rates …

Read More »

Malaysian banks lead Southeast Asian peers for board diversity

Bloomberg Malaysia’s large banks have the highest board representation for women across the Southeast Asian region, outpacing peers in Singapore and the Philippines where the proportion is below 15 percent. Women make up more than 30 percent of the boards of top Malaysian lenders, compared with only 9 percent on average in the Philippines, and 13 percent in Singapore, according …

Read More »

RBA likely to cut rates to boost hiring

Bloomberg Australia’s central bank is likely to lower interest rates again to drive increased hiring. The central bank aims to boost households’ confidence that inflation will return to target. The Reserve Bank made the comment in minutes of its June 4 policy meeting, when it eased the cash rate to 1.25 percent in the first reduction in almost three years. …

Read More »

Bank Indonesia’s chief sees room to slash rates

Bloomberg Bank Indonesia sees room to cut interest rates, according to Governor Perry Warjiyo, raising the prospect of Southeast Asia’s biggest economy easing monetary policy in the face of growing risks to growth. “If we take into account low inflation and economic growth that needs to be pushed, indeed, we already know that there’s room to lower interest rate,” Warjiyo …

Read More »

Boeing is open to changing name of grounded 737 Max jet

Bloomberg Boeing Co is open to dropping the “Max” branding for its latest 737 jetliner, depending on an assessment of consumer and airline responses to an aircraft name that’s been tarnished by two fatal crashes and a three-month grounding. “I’d say we’re being open-minded to all the input we get,” Chief Financial Officer Greg Smith said in an interview on …

Read More »

Cebu orders 31 Airbus planes worth $6.8bn

Bloomberg Cebu Air Inc ordered 31 aircraft from Airbus SE worth $6.8 billion as the Philippines’ largest budget carrier targets an all-new fleet in five years. The order for 16 A330neo and 15 A320neo family aircraft including 10 A321 XLR was made during the Paris Air Show, the airline owned by billionaire John Gokongwei said in a statement. The jets …

Read More »

Virgin Atlantic plans to use Flybe as focus for ‘UK deals’

Bloomberg Virgin Atlantic Airways Ltd plans to use the purchase of UK regional carrier Flybe Group Plc for further takeovers of British operators so it can feed more passengers onto its long-haul flights. The carrier, founded by billionaire Richard Branson, would like to use Flybe to roll up more airlines into an expanded short-haul business as part of a plan …

Read More »