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Loan loophole saved new Kazakh central bank head from debt claim

Bloomberg The new chief of Kazakhstan’s central bank dodged a debt claim in 2014 thanks to a legal system that’s failed to protect lenders from rampant defaults and repeated crises. In 2014, Yerbolat Dossayev and three business partners were given a reprieve on repaying 1.9 billion tenge, then worth $13 million, that they’d personally guaranteed to the central Asian country’s ...

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BOJ watchers see chance of additional stimulus

Bloomberg An increasing number of economists see additional stimulus as the Bank of Japan’s next policy step, while they are unanimous in forecasting no change at this week’s board meeting. Some 37 percent of 46 economists surveyed by Bloomberg this month forecast the next policy change will be additional easing, a jump from 18 percent in January. All of them ...

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Lion Air mulls pivot to Airbus after Boeing orders halted

Bloomberg Indonesia’s Lion Air, one of the biggest customers of Boeing Co.’s 737 Max plane, is considering switching to Airbus SE amid plans to suspend existing orders it has with the US plane maker, according to a person familiar with the matter. The carrier is suspending delivery of four 737 Max jets it had on order for this year from ...

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