Wednesday , 15 April 2026

Recent Posts

Citi global chief economist quits after three years

Bloomberg Citigroup Inc’s global chief economist, Catherine Mann, is leaving the bank after three years in the job. Mann, a prominent economist who joined the New York-based company in February 2018 from the Organisation for Economic Co-operation and Development, said by email that she has resigned from Citigroup, without elaborating. Gabriel Morales, a spokesman for Citigroup, confirmed her resignation. Mann …

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Currency policy in Taiwan is facing ‘turning point’

Bloomberg Foreign demand for a slice of Taiwan’s increasingly profitable companies is threatening to upend the central bank’s decades-old currency management policy. Central bank board member Chang Chien-yi told Bloomberg in a rare interview that the institution won’t be able to fight currency appreciation if the Taiwan dollar rises on economic fundamentals as the competitiveness of local industries improves. “The …

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Facebook chats power a new $48bn market in social commerce

Bloomberg Samantha Proyrungtong, co-owner of an artisan food shop in downtown Bangkok, keeps three phones and a laptop glued to Facebook and Softbank Group-backed Line Corp.’s social-media app throughout the workday. She needs them not to hear from friends and relatives but to get orders from customers since her shop, Vivin Grocery, relies on chat applications for a big part …

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