New Zealand’s central bank is prepared to raise interest rates if economic developments mean current policy settings aren’t restrictive enough to bring inflation back to target, Assistant Governor Karen Silk said. from Bloomberg Markets https://ift.tt/4pxmBuO
Argentine President Javier Milei warned Thursday that his entire cabinet will be under review depending on the result of his pro-business reform bill grinding its way through Congress. from Bloomberg Markets https://ift.tt/wdYXQiO
Trading in shares of China Vanke Co. has surged to the highest level in four years as China’s housing rescue package and nearly $4 billion of funding secured by the property firm this month spur bets on its survival. from Bloomberg Markets https://ift.tt/uHX4IZV
One of Australia’s largest pension funds, the A$85 billion ($56.6 billion) Rest, plans to splash more on private equity investments in the next two years as it targets a 5% allocation target by 2026. from Bloomberg Markets https://ift.tt/Ysi0f6h
Japanese firms are trying to build loyalty with individual investors to offset a wave of selling by institutions. from Bloomberg Markets https://ift.tt/1mVIhbx
Myles Green, Projects & Development Manager for Southern Lakes and Queestown, at New Zealand Sotheby’s International Realty, discusses his outlook for New Zealand’s luxury property market. He speaks to Haidi Stroud-Watts and Ainsley Thomson on “Daybreak Australia”. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/RboSlDA
China’s efforts to bolster economic growth by reducing the allure of bank deposits has driven a record exodus from cash, with a big proportion of that going into bonds and wealth management products. from Bloomberg Markets https://ift.tt/vsg6nyz
A spate of high-profile airline accidents this year have left a lasting impression on the public. from Bloomberg Markets https://ift.tt/vdeW6Sc
Good morning. Stocks and bonds drop on rate outlook. Big tech companies look to Hollywood to train AI software. Asian property soars. Here’s what you need to know. — Sebastian Boyd from Bloomberg Markets https://ift.tt/FUKb6Sm
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today’s guests are Ed Yardeni, Yardeni Research President, Andrew Forman, Justice Dept. Deputy Assistant Attorney for Anti-Trust, Sam Poser, Williams Trading, Larry Morse, Fairview Capital, Kara Murphy, Kestra Investment…