Recent Posts

Suu Kyi’s party leads as Myanmar counts votes

Bloomberg Myanmar’s ruling party led by Aung San Suu Kyi said it had won enough parliamentary seats to retain power in the country’s second election since the end of military rule almost a decade ago. Suu Kyi’s National League for Democracy (NLD) is on course to win about 390 seats to the national assembly, according to Myo Nyunt, a member ...

Read More »

Hungary imposes coronavirus curbs

Bloomberg Hungarian PM Viktor Orban announced sweeping measures to stem the spread of the coronavirus, in a policy reversal triggered by new cases threatening to overwhelm hospitals. The government will ban public gatherings, expand a curfew to between 8 pm and 5 am, shut restaurants except for take-away and switch secondary schools and universities to distance learning, Orban said on ...

Read More »

Orr readying new RBNZ stimulus tool as step towards negative rates

Bloomberg New Zealand central bank (RBNZ) governor Adrian Orr is set to unveil a new monetary stimulus tool aimed at driving borrowing costs to fresh historic lows to spur economic growth. Orr is expected to lay out plans on November 11 to provide cheap loans to banks, giving them scope to further reduce lending rates. The Funding for Lending Program, ...

Read More »
Send this to a friend