TimeLine Layout

October, 2019

  • 7 October

    Global bonds are selling off for all right reasons

    The weakness in the global bond market is surprising for one primary reason: It’s a sign central banks may finally be taking the right steps to get the worldwide economy back on track. Central banks have taken a lot of heat by trying to combat slowing economic growth and inflation with the same strategies that have so far largely failed ...

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  • 7 October

    Japan’s labour market is still rigged against women

    In many respects, Japan’s economy is doing better than at any time since the boom years of the 1980s. The employment rate is at all-time highs. Women have flooded into the labour force, and immigration is helping to cushion the blow of an aging society. Japanese companies, once known for low margins, are learning how to increase profits, helped by ...

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  • 7 October

    Forever 21’s woes are showing limits of the fast fashion

    Forever 21 Inc. has learned the hard way that the allegiance of teen shoppers is anything but everlasting. The fast-fashion retailer filed for bankruptcy, saying it has obtained $350 million in financing to help it stay afloat. The company said it plans to close most of its Asian and European stores in order to focus on its core business in ...

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  • 7 October

    This tiny bank in Mumbai is a canary in India’s coalmine

    Just when you think banks in India can’t possibly deliver any more bad news, a near $1 billion scandal drops without warning. The alleged wrongdoing at Punjab & Maharashtra Co-operative (PMC) Bank differs from previous Indian banking scams in that savers are on the hook this time around, a situation that can’t be allowed to continue without chilling consequences for ...

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  • 7 October

    US stocks slump as trade roils outlook; Treasuries fluctuate

    Bloomberg Futures on US equity indexes ticked lower while the yuan slipped on Monday on concern China may be increasingly reluctant to agree a broad trade deal with the Trump administration. European stocks gained and Treasuries fluctuated. Contracts for the three main US gauges came off their session lows but still pointed to a weak start on Wall Street after ...

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  • 7 October

    China markets set to reopen with trade, Hong Kong in focus

    Bloomberg Chinese financial markets are set to open for the first time in a week on Tuesday, with investors likely to focus on this week’s trade talks with the US and the worsening situation in Hong Kong. Room for disappointment in both is growing. Senior Chinese officials have indicated the range of topics they’re willing to discuss has narrowed considerably, ...

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  • 7 October

    Boeing faces deeper antitrust probe of Embraer deal in EU

    Bloomberg Boeing Co’s ventures with Embraer SA face a deeper antitrust probe from the European Union as regulators said the transaction threatens to knock out an important rival to the world’s biggest planemakers. The European Commission has until February 20 to issue a ruling on the deal after opening an “in-depth investigation,” according to a statement. Boeing and Embraer, which ...

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  • 7 October

    Ted Baker sinks as new warning deepens woes

    Bloomberg Ted Baker Plc lost more than a third of its value after the UK apparel chain sank to a loss and warned that its performance could worsen amid price competition and a shift to online shopping. The retailer has been reeling since the resignation of founder Ray Kelvin. While the company has moved to improve office conduct, it’s succumbing ...

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  • 7 October

    Sell old Burberry online, the brand might invite you for tea

    Bloomberg Burberry Group Plc is encouraging clients to give their old looks a second life by selling them online, a move that could help pull in holiday shoppers and bolster appeal with the environmentally conscious. In a rare partnership between a fashion house and the burgeoning marketplace for used luxury products, Burberry is teaming up with consignment website The RealReal. ...

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  • 7 October

    Retailers help heat up IPO activity in SE Asia

    Bloomberg Retail has been one of the hottest sectors among recent Southeast Asian initial public offerings, as investors look to cash in on consumers’ increasing spending power in the region. “The domestic consumption growth story in Southeast Asia remains an attractive thematic for equity investors,” said Ho Cheun Hon, head of Southeast Asia equity capital markets at Credit Suisse. Home ...

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