Bloomberg Central bankers may do well to pay less attention to the bond market and their own forecasts than they do to newspaper articles. That’s the somewhat heretical finding of a new algorithm-based index being tested at Norway’s central bank in Oslo. Researchers fed 26 years of news (or 459,745 news articles) from local business daily Dagens Naringsliv into ...

  Bloomberg The head of Bank of Montreal says Canada’s biggest financial institutions are actively grooming women to become chief executive officers, ending centuries of male rule at the country’s top lenders. “There are five large Canadian banks,” CEO Bill Downe said in an interview. “I think it’s inevitable.” Canada’s biggest banks have never had a female CEO, reflecting the ...

  Bloomberg Pakistan is confident of managing its rising debt obligations to China as the world’s second-largest economy boosts investment in the South Asia nation by about 20 percent. Pakistan will be able to handle repayments of Chinese soft loans to the government and businesses, which are part of a more than $50 billion of projects under the so-called China-Pakistan ...