September, 2021

• 7 September

  Airbus plane deliveries slide in August

  Bloomberg Airbus SE jetliner deliveries declined last month, according to people familiar with the matter, as an annual summer manufacturing lull impacted build rates. Toulouse, France-based Airbus handed over about 40 aircraft in August, down from 47 in July, according to the people, who asked not to be named before official figures are made public. The tally would take the ...

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• 7 September

  North Korea may stage first military parade under Biden

  

  Bloomberg North Korea could hold a military parade this week as it celebrates a national anniversary, Yonhap News Agency reported, an event that would mark the first major public display of its weaponry since US President Joe Biden took office. Given the status of preparation, leader Kim Jong Un’s regime may stage the event at night and have it coincide ...

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• 7 September

  South Korea launches first ballistic missile from submarine

  

  Bloomberg South Korea has successfully test-launched a missile from a submarine, stepping up its strike capabilities and joining a small list of seven other countries to demonstrate the technology. South Korea last week fired the missile from its 3,000-ton Dosan Ahn Chang-ho submarine, a defense ministry official who asked not to be named said on Tuesday. The official spoke after ...

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• 7 September

  Suu Kyi’s allies in Myanmar declare war against junta

  

  Bloomberg A shadow government comprising of ousted lawmakers loyal to Myanmar’s detained civilian leader Aung San Suu Kyi declared war against the military regime that seized control of the country seven months ago. In a speech posted on social media on Tuesday, the acting president of National Unity Government, Duwa Lashi La called on citizens to revolt against the junta ...

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• 7 September

  Merkel’s conservative bloc falls to record low

  

  Bloomberg Chancellor Angela Merkel plunged into Germany’s election campaign, warning that the Social Democrats (SPD) would take the country off course in an unusually direct intervention in the contest as her conservatives slumped to a new low in the polls. In a Forsa survey for RTL/ntv, support for the Christian Democrat-led bloc dropped two percentage points to 19%, its lowest ...

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• 7 September

  RBA sticks with cautious taper plan as Delta sweeps economy

  

  Bloomberg The Reserve Bank of Australia (RBA) pushed ahead with a cautious winding back of its bond-buying program, underlining its confidence in the economy’s recovery prospects once a longer-than-expected virus wave abates. Governor Philip Lowe and his board said they will purchase government securities at a pace of A$4 billion ($3 billion) a week, down from A$5 billion previously, until ...

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• 7 September

  Global private banks stop accepting Fantasia bonds as collateral

  

  Bloomberg The private-banking units of Citigroup Inc and Credit Suisse Group AG have stopped accepting the bonds of Fantasia Holdings Group Co as collateral amid rising concerns about the Chinese developer’s financial health, according to people familiar with the matter. The banks have assigned a zero lending value to the notes, meaning their private-wealth clients can no longer use them ...

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• 7 September

  Polish central bank head says raising rates will be very risky

  

  Bloomberg The head of Poland’s central bank pushed back against rising expectations for interest-rate increases, saying lifting borrowing costs now would be “very risky” despite inflation hitting a two-decade high. In an interview with the PAP news service just three days before the next monetary-policy meeting, Governor Adam Glapinski said the bank isn’t ignoring elevated price growth and won’t allow ...

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• 7 September

  Goldman Sachs sees loose monetary and fiscal policy

  Bloomberg China’s various industry crackdowns from technology to education mean monetary and fiscal policies will likely remain loose on the margin to offset the drag on economic growth, economists at Goldman Sachs Group Inc said. The economy is in a “micro takes and macro gives” environment, where regulatory tightening in specific sectors will likely be accompanied by supportive policy from ...

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• 7 September

  Morgan Stanley expands search for black traders

  

  Bloomberg Morgan Stanley is bringing its program to hire more Black and female traders and salespeople to London, hoping to replicate the success it’s had on Wall Street. The Morgan Stanley Experienced Professionals Program is aimed at recruiting Black or female candidates already working in other industries that might not have considered a career at a bank. The program has ...

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