Thursday , 29 January 2026

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Argentina’s extraordinary rate hike could be just the beginning

Bloomberg Argentina investors say the central bank’s extraordinary effort to bolster the peso may be just the beginning, with more such actions to be expected if the currency doesn’t stabilise soon. Policy makers’ decision to raise the key interest rate 3 percentage points to 30.25 percent, a surprise move announced just days after they held borrowing costs, led the peso …

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American, Southwest cast pall on sentiment; US airlines sink

Bloomberg US carriers sank after American Airlines Group Inc. trimmed its profit forecast and Southwest Airlines Co. said ticket sales had slowed after its first passenger fatality. A jump in fuel prices over the last two weeks prompted American to cut its expected earnings for this year because “it takes time to adapt,” Chief Executive Officer Doug Parker said. Southwest …

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Malaysia to double airport capacity for 2bn Asia fliers

Bloomberg Malaysia Airports Holdings Bhd. plans to double Kuala Lumpur International Airport’s capacity as it seeks a bigger slice of the 2.1 billion more passengers expected in Asia Pacific in the next two decades. The company is looking to raise the capacity to 150 million, from the current 75 million, in the next 10 to 20 years, Raja Azmi Raja …

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