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ECB wins respite as growth cheer cancels Draghi stimulus alarm

Bloomberg European Central Bank policy makers who sounded the alarm about the region’s slowdown last month can now relax a bit as the stimulus they prepped becomes less urgent. It was during the first quarter that officials, led by President Mario Draghi, reactivated plans to aid growth in a moment of embarrassment so soon after concluding bond purchases last year. ...

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Goldman plans Mexico expansion with new stock-trading brokerage

Bloomberg Goldman Sachs Group Inc. is planning to open a stock-trading brokerage in Mexico as it boosts its presence in Latin America’s second-largest economy. The move will allow the firm to buy and sell stocks locally on behalf of clients, according to people with knowledge of the matter. The new business line, still months away from being up and running, ...

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Singapore central bank projects softer growth amid global lull

Bloomberg Singapore’s economy will slow in 2019, reflecting a weakening in key trading partners and a further cooling of the electronics sector, the central bank said. The city state is set to expand slightly below the midpoint of a 1.5 percent to 3.5 percent forecast range for this year after growing 3.2 percent in 2018, the Monetary Authority of Singapore ...

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