As the Nellai Express Train stopped at Tambaram railway station in southern India at 8:30 p.m. on April 6, six government officials waiting in the shadows behind the steel pillars on the platform rushed into the coach marked A1. from Bloomberg Politics https://ift.tt/ITgh7p1
Reserve Bank of New Zealand Governor Adrian Orr discusses monetary policy and the state of the economy. The central bank on Wednesday kept interest rates unchanged for a seventh straight meeting and signaled policy will need to stay tight for longer to stamp out stubborn inflation. Orr speaks on “Bloomberg: Daybreak Australia.” from Bloomberg Markets…
Australia’s economy continues to register a clear and detectable pulse, with purchasing managers index data for May remaining firmly in expansionary territory. https://www.wsj.com/articles/australian-flash-pmi-points-to-resilience-in-economy-stubborn-inflation-c5431800
South Korea has no plan to lift the short-selling ban until a system is developed to detect illegal trading activities, according to a senior official at the presidential office. from Bloomberg Markets https://ift.tt/qvTgALH
Standard Chartered’s head of digital asset research, Geoff Kendrick, has predicted a significant rise in bitcoin’s price, potentially surpassing its previous all-time high of $73,798 by this weekend. His optimistic outlook is fueled by the anticipated approval of spot ether exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), which he believes will…
A raft of hypothermia hospitalizations and other questionable conditions at a Virginia prison uncovered in a recent report deserve further scrutiny, leading Democratic state lawmakers said this week. Lawmakers pledged to press Republican Gov. Glenn Youngkin’s administration for answers and called for a newly created prisons watchdog to look into the findings of an Associated…
Oil fell in the early morning Asian session, dragged by bearish data on demand, stockpiles, and refining, analysts said. https://www.wsj.com/articles/oil-falls-dragged-by-bearish-data-on-demand-stockpiles-refining-5b2edc57
China held its biggest military drills in a year around Taiwan, just days after Lai Ching-te took over as the island’s new president. from Bloomberg Politics https://ift.tt/GvyCVz4
Growth in sectors such as construction, wholesale trade, and retail trade overcame contraction in the manufacturing sector. https://www.wsj.com/articles/singapores-economy-grew-at-faster-pace-in-first-quarter-51b0f15d
Here’s how family offices are investing this year and how they plan to change their allocations in the next five years, according to UBS’ Global Family Office Report 2024. https://www.cnbc.com/2024/05/23/how-family-offices-are-planning-to-invest-for-the-next-5-years-ubs-says.html