The Korean owners of one of Frankfurt’s best known skyscrapers failed to agree a restructuring plan for a loan tied to the building, paving the way for insolvency proceedings. from Bloomberg Markets https://ift.tt/YHCg7Po
The selloff in Indian stocks in the wake of a possibly narrower-than-expected victory for Prime Minister Narendra Modi has weighed on the broader Asian market. from Bloomberg Markets https://ift.tt/tO4F8Xy
European stocks fell ahead of a busy week, with investors awaiting US economic data while looking forward to Thursday’s European Central Bank decision. from Bloomberg Markets https://ift.tt/5pR7J6f
South Korea’s top financial watchdog sought to defend the effectiveness of the nation’s efforts to boost stock value, pledging to root out so-called zombie firms that weigh on local markets. from Bloomberg Markets https://ift.tt/PSBxNyT
Anna Edwards and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg Markets Today.” For up to the minute market intelligence and insight, click MLIV . (Source: Bloomberg) from Bloomberg Markets https://ift.tt/LXPCfO3
Vanguard Chief European Economist Jumana Saleheen says she expects the European Central Bank to cut interest rates three times this year, with the first cut likely to happen on Thursday. “While the surprise was on services inflation, which has proved stickier, all other components are actually very much going back to trend,” Saleheen said on…
Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong…
Analysts at Danske Bank A/S said Norway’s central bank will probably make fewer interest-rate cuts this year than presumed earlier, citing higher-than-expected wage growth and a lower risk of recession. from Bloomberg Markets https://ift.tt/maZiSDk
A glitch during a software update early Monday led the New York Stock Exchange to erroneously halt trading on about 40 stocks and display odd trades showing a 99% drop in companies including Warren Buffett’s Berkshire Hathaway Inc. from Bloomberg Markets https://ift.tt/L1CWmox
Blackstone Inc. and Regis Group Plc have agreed a deal to buy a portfolio of 1,750 homes from UK homebuilder Vistry Group Plc. from Bloomberg Markets https://ift.tt/8WDFGtc