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Ukrainians come home to see what’s left of their lives

Bloomberg As Russian forces shift their military focus to the east, some Ukrainians who fled their homes early in the invasion are venturing back to see what’s left of their lives and whether they can start to rebuild. Daryna Tarasenko, a 27-year-old portrait photographer who abandoned her Kyiv apartment on the day of the February 24 attack, returned last week ...

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RBNZ’s biggest hike in 22 years sounds global inflation warning

  Bloomberg New Zealand’s central bank delivered its biggest interest-rate increase in 22 years, signaling that policy makers around world may need to step up efforts to get inflation under control. The Reserve Bank’s Monetary Policy Committee lifted the official cash rate by half a percentage point to 1.5% in Wellington, the first time it has delivered an increase of ...

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PBOC urges loans to logistics firms to ease supply chain pain

  Bloomberg China’s central bank pledged financial support for logistics firms and truck drivers to ensure the country can maintain supply chain stability amid the worst Covid outbreak in two years. The People’s Bank of China will ask lenders to “reasonably” extend and renew loans for the industry, it said in a statement, following a central bank meeting on coordinating ...

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