Sunday , 26 April 2026

US bond traders’ respite from flattening curve may prove brief

Bloomberg Bond traders agonizing over the flattening US yield curve got a bit of a break last week. But with a flood of Treasury supply about to hit the market, they’ll have little time to catch their breath. The US will issue a combined $96 billion of two-, five- and seven-year notes this week, the largest slate of fixed-rate coupon …

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Carney’s hint of May rate hike puzzles pound pundits

Bloomberg Money-market traders in the UK may have capitulated, but not the analysts. While currency pundits were jolted by Governor Mark Carney’s surprise hint that a rate increase by the Bank of England next month isn’t a foregone conclusion, they aren’t exactly doing an about-turn on their forecasts. ING Groep NV, Nomura International Plc, Credit Agricole SA, CBA Europe Ltd., …

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Banks sweeten terms for solar business as confidence rises

Bloomberg Interest rates are rising, making debt much more expensive for capital-intensive industries across America. But there’s at least one exception: the solar business. While the cost of borrowing has been increasing since 2016, some banks are taking a smaller cut to win deals from solar developers. Loans of seven years or longer can be obtained for 137.5 basis points …

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Australia edges towards new energy policy

Bloomberg Australia may agree the final rules of its contentious National Energy Guarantee by August after winning cautious backing from states and territories for a policy the ruling Coalition hopes will end a decade of policy paralysis. Energy ministers from Australia’s six states and two territories signed off on a preliminary deal to back the scheme at a Council of …

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Indian industry buys Siemens turbines for own wind parks

Bloomberg Siemens Gamesa Renewable Energy SA won 140 megawatts of wind power orders in India from industrial companies building their own parks. Energy-intensive businesses from textile and drug makers to auto companies ordered a total of 70 turbines, the Spanish-German company said. The manufacturers across southern India will link the parks to local grids and tap power as needed. Regional …

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Explorers crank rig count higher as US oil supplies dwindle

Bloomberg Oil explorers deployed more US rigs this week as increasingly tight crude supplies pushed prices to their highest since 2014. US working oil rigs rose by five this week to 820, the highest since March 2015, according to data from Baker Hughes. Since the end of January, the rig fleet has expanded in all but two weeks. An Energy …

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A first for Panama canal: Three LNG tankers crossed in a day

Bloomberg Three liquefied natural gas tankers sailed through the Panama Canal on the same day this week, marking a first for the newly expanded waterway and highlighting the booming global gas trade. All three ships — Gaslog Hong Kong, Gaslog Gibraltar and Clean Ocean — entered the canal on a staggered basis from the Pacific side and had completed their …

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World’s central banks fret trade war more deflationary than inflationary

Bloomberg Global central bankers sounded the alert that a trade war would leave them worrying more about the economic fallout than any boost tariffs would give to inflation. As President Donald Trump threatens to impose levies on imported steel and aluminum and duties on as much as $150 billion of Chinese goods, uncertainty over global commerce is casting a pall …

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Japan bank falls most since 1975 over faked documents report

Bloomberg Suruga Bank Ltd., the worst-performing bank stock in Japan this year, tumbled the most since 1975 after the Asahi newspaper reported that it gave property investment loans based on faked applications. Real estate companies provided the regional bank with documentation for loan applications that had been falsified to make borrowers look more creditworthy than they were, the Asahi reported. …

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World Bank edges near $13bn capital boost

Bloomberg The World Bank won support from its member countries for a $13 billion capital increase, with the US dropping its objection as the lender imposes measures that would potentially reduce loans to China. The boost will be accompanied by internal steps “including operational changes and effectiveness reforms, loan pricing measures, and other policy steps,” the World Bank said in …

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