It’s time to get real about the financial fragility of young technology companies. Far too many are living beyond their means, flirting with disaster and putting their investors at risk. Bloomberg Opinion examined 150 US technology companies that had gone public since the beginning of 2010 and were still operating independently as of Aug 10. About 37 percent had negative ...

Bloomberg Indonesia’s central bank raised its benchmark interest rate a fourth time since May in a surprise move aimed at underpinning the currency as volatility sweeps across emerging markets. The seven-day reverse repurchase rate was increased to 5.5 percent from 5.25 percent on Wednesday, as forecast by just seven of 28 economists in a Bloomberg survey, with the rest predicting ...

Bloomberg Canada’s largest lenders have boosted their capital enough in the past two years to withstand a 35 percent decline in housing prices in Ontario and British Columbia and 25 percent in the rest of the country, according to Moody’s Investors Service. Canada’s six biggest banks and Quebec’s Desjardins Group “incrementally improved” their capital buffers to absorb $10.9 billion in ...