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Riksbank closer to ‘Nirvana’ as inflation picks up

Bloombrg Swedish inflation accelerated more than expected last month, easing pressure on the central bank to add to its record stimulus measures. Consumer prices rose an annual 0.8 percent in January, Statistics Sweden said in a statement Thursday. Adjusted for mortgage costs, prices rose an annual 1.6 percent. Analysts in a Bloomberg survey had predicted headline inflation of 0.5 percent ...

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Vietnam bond yields fall on post-holiday demand

Bloombrg Vietnamese government bonds rose, pushing yields to six-month lows, on speculation demand from local banks increased as the cash supply improved after the Lunar New Year holidays. The yield on the five-year notes dropped 10 basis points to 6.5 percent, the lowest since Aug. 12, 2015, according to a daily fixing from lenders compiled by Bloomberg. The three-year yield ...

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Brunei’s economy running on empty

With the price of oil at record lows, the small Southeast Asian nation of Brunei is quickly becoming the first oil-rich country to fall victim to an economic reliance on the energy industry. The hydrocarbon-dependent sultanate of 420,000 people now stands on the precipice of an economic calamity. At the apex of its 2008-2015 financial crisis, Greece’s budget deficit was ...

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