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Ethiopia accepts invitation to talks on ending conflict

  Bloomberg Ethiopia’s government accepted an invitation by the African Union to talks about ending the nation’s two-year civil war. The continental body invited Ethiopia’s government and dissident Tigray fighters to talks in South Africa scheduled for October 8, according to a copy of the letter seen by Bloomberg that was verified by an African Union official. South African Department ...

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Bankers hope to end Asia M&A slump via smaller deals, less debt

Bloomberg Asia’s financial hub is letting people go on a proper holiday for the first time since the pandemic began. For bankers in Hong Kong, the chance to take a break also speaks to a steep fall in dealmaking activity — in the city, and across the region. While the decline has been global, it’s been particularly acute in Asia ...

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Indonesia set for smaller rate hikes

Bloomberg Indonesia’s central bank could settle for quarter-point moves at its upcoming policy rate meetings after September inflation came in lower than estimates despite the fuel price hike, economists said. Maybank Investment Banking Group trimmed its forecast for Indonesia’s 2022 average inflation to 4.5% from 5.2%. To be sure, the increase in transport fares and the rebound in consumer demand ...

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