Recent Posts

Putin to skip G-20 meeting in Rome, will take part by videolink: Kremlin

Bloomberg Russian President Vladimir Putin will participate in next week’s Group of 20 summit in Rome via videolink, the Kremlin said. Putin told Italian Prime Minister Mario Draghi of his plans in a phone call Tuesday, according to an emailed statement. Chinese President Xi Jinping has indicated he may also take part in the October 30-31 Rome G-20 summit remotely. ...

Read More »

Bank Indonesia stays on hold, says rate moves one year away

Bloomberg Indonesia’s central bank left its benchmark interest rate unchanged and extended policies to boost domestic demand, saying it likely won’t tinker with rates for another year. Bank Indonesia kept the seven-day reverse repurchase rate at a record-low 3.5% on Tuesday, as predicted by all 30 analysts in a Bloomberg survey. It was the bank’s eighth straight hold decision. “This ...

Read More »

Goldman Sachs joins bank bond frenzy with $9b sale

Bloomberg Goldman Sachs Group Inc tapped the US investment-grade bond market with a $9 billion sale, joining peers Bank of America Corp and Morgan Stanley in selling new debt after reporting strong third-quarter results. The bank sold bonds in five parts, according to a person familiar with the matter. The longest portion of the offering, a fixed-to-floating-rate security due in ...

Read More »
Send this to a friend