Bloomberg If three’s a trend, then US regional bank tie-ups are in the middle of one. Huntington Bancshares Inc.’s $6 billion purchase of TCF Financial Corp., announced, marks the third multibillion-dollar regional bank deal in as many months, and industry executives say more mergers and acquisitions are likely. “Covid put the M&A market into a deep freeze, and we are ...

Bloomberg Australia’s central bank has put together a gauge of “news sentiment” to measure the balance of negative and positive words used in journalists’ articles on the economy in order to help track perceptions. The index “complements other timely survey-based sentiment indicators in its ability to ‘nowcast’ the economy,” Reserve Bank of Australia economists Kim Nguyen and Gianni La Cava ...

Bloomberg The Bank of Thailand kept its benchmark interest rate unchanged for a fifth straight meeting to preserve its limited policy space, while reiterating concerns about a currency rally and lowering its economic growth forecast for next year. The central bank held the policy rate at 0.5% in a unanimous decision, after cutting by a total of 75 basis points ...