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Merkel’s bloc declines for 2nd straight week in polls

Bloomberg Chancellor Angela Merkel’s party bloc declined for a second consecutive week in a poll that suggests the Social Democrats are gaining ground ahead of Germany’s election in six weeks’ time. The Social Democratic Party, (SDP) which hasn’t held the chancellor’s office since 2005, pulled ahead of the Greens for the first time in a year in the weekly Insa poll, ...

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Bank of Thailand head says virus fight may need $30bn

Bloomberg Thailand’s central bank governor called for an additional 1 trillion baht ($30 billion) in government spending to counter coronavirus, saying the blow to the economy from the pandemic is greater than from the Asian financial crisis in 1997. The government can fund additional spending by borrowing more, Bank of Thailand Governor Sethaput Suthiwartnarueput said on Monday at a briefing ...

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China’s central bank rolls over more policy loans to boost growth

Bloomberg China’s central bank rolled over most of its medium-term policy loans coming due, a move to support economic growth amid a resurgence of Covid cases. Government bonds reversed earlier losses. The People’s Bank of China (PBOC) injected 600 billion yuan ($92.6 billion) into the financial system through its medium-term lending facility, close to the 700 billion yuan maturing Tuesday. ...

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