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Investors might want to buy tickets to Indonesia

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It’s not Bollywood yet, but Indonesia could be germinating Asia’s next big film scene. After years of stifled growth and censorship, new cinemas are opening across the vast Southeast Asian archipelago at a rapid clip thanks to large cash investments. Meanwhile, international filmmakers are setting up operations. With local production houses and cinema owners taking their companies public, investors might ...

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Fed may bow to Trump’s call for rate cut if inflation softens

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Bloomberg With his call for lower interest rates, President Donald Trump has weighed into a debate inside the Federal Reserve about what central bankers should do about sub-par inflation. It’s not totally crazy to think he’ll eventually carry the day. In advocating easier credit, Trump and senior economic adviser Larry Kudlow have harped on the paucity of inflation to justify ...

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Slowing global growth can risk central bank independence: Fitch

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Bloomberg Slowing global growth could threaten central bank independence and bring calls to expand remits beyond inflation targeting, according to Fitch Ratings. “Investors would be wise to consider the potential implications of mounting political pressures for greater contributions from monetary policy to support economic growth, possibly by unconventional means,” said James McCormack, Global Head of Sovereign Ratings at Fitch. Central ...

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