Bloomberg Norway’s central bank paused monetary tightening while signalling a likely quarter-point increase in borrowing costs in March is still needed to bring inflation under control. Norges Bank kept the key deposit rate on hold at 2.75% on Thursday, as forecast by the majority of economists in a Bloomberg survey. Governor Ida Wolden Bache said the benchmark “will most ...

  Bloomberg Treasuries rallied and equities declined as growing signs of a global economic slowdown raised investor concern that the start-of-the-year rally in risk assets may have gone too far. Contracts on the S&P 500 Index dropped 0.4% after the benchmark slumped the most in a month on Wednesday amid weaker-than-expected economic data. Nasdaq 100 futures also lost 0.4%. Europe’s ...

  Bloomberg Tesla Inc dropped out of the top 10 holdings of a South Korean electric-vehicle (EV) mutual fund for the first time ever amid its epic selloff last year. The Korea Investment Management Co. fund has steadily reduced its Tesla exposure to less than 2% of its net asset value in order to reduce volatility. The US EV giant previously ...