Recent Posts

US inflation is ECB’s risk as bonds show end of decoupling

Bloomberg European Central Bank officials considering when to end their bond-buying program have a new reason to move carefully: US inflationary pressures are helping to push up euro-zone borrowing costs. President Mario Draghi and his colleagues spent years insulating the single-currency area from global financial markets as it recuperated from a double-dip recession, debt crisis and brush with deflation. Now ...

Read More »

Malaysia holds policy rate as inflation eases

Bloomberg Malaysia’s central bank kept its benchmark interest rate unchanged as expected, after inflation eased and an early rate hike this year helped to bolster the currency. Bank Negara Malaysia left the overnight policy rate at 3.25 percent, it said in a statement in Kuala Lumpur on Wednesday, as predicted by all 17 economists in a Bloomberg survey. As one ...

Read More »

BlackRock, Soros eye Deutsche Bank unit IPO

FRANKFURT / Reuters BlackRock, George Soros and big sovereign wealth funds are among investors expressing interest in buying stakes in the initial public offering of Deutsche Bank’s asset management arm, a person familiar with the matter said. The sovereign funds include Singapore’s Temasek, the person said. Deutsche Bank is finalising plans for the IPO of the asset management business, known ...

Read More »
Send this to a friend