Wednesday , 31 December 2025

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PBOC’s new lending facility echoes earlier programmes by ECB, BOJ

Bloomberg China’s central bank reached into the toolkit of its peers around the world, announcing a new facility to encourage bank lending to companies that looks very similar to what others have done. The People’s Bank of China is trying to balance competing demands of a debt crackdown and ensuring that banks lend to support growth. The clampdown has made …

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Year-end inflation surge new headache for Russia

Bloomberg The latest data on Russian inflation are sending up warning signals that the first few months of 2019 could be even more hazardous than most economists had predicted. The latest weekly numbers indicate that Russia might end up starting next year with price growth around the central bank’s worst-case forecast of 4.2 percent, according to economists at ING Groep …

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Holiday shopping roars to a close amid US shutdown

Bloomberg “Sell” may be the chorus on Wall Street, but optimistic shoppers looking to fill the empty space under the country’s Christmas trees were out in full force during the season’s final shopping weekend. With Christmas, Americans streamed into brick-and-mortar stores on Saturday and Sunday looking for deals. The International Council of Shopping Centers predicted heading into the weekend that …

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