World News by Wild Rose

Panel report says this amounts to serious violation of Rules of Business of the State

Brazil's federal government paid US$48 million on unpaid state loans in September, almost all for Rio Grande do Sul, ten days before the presidential runoff. The post Brazil Pays US$48M on Unpaid State Loans appeared first on The Rio Times.

Indonesian stocks tumbled after MSCI Inc. said the country no longer merits emerging-market status, risking an ejection from its global indexes and triggering fears of foreign capital flight. Bloomberg's Anthony Stephens breaks down the developments. (Source: Bloomberg)

China’s state-backed funds appear to be stepping back into the stock market, a sign that Beijing is seeking to put a floor under falling shares.

City Therapeutics Inc., an early-stage developer of RNAi-based drugs, raised $200 million in a US initial public offering priced at the mid-point of its marketed range.

Bank of England Governor Andrew Bailey says Middle East energy shocks have pushed rate cuts off the table and that the BOE effectively tightened financial conditions without raising rates. He cautioned against inferring the central bank's next decision, noting officials have to assess pass-through risks. (Source: Bloomberg)

China’s central bank governor Pan Gongsheng touted yuan assets to investors in Bangkok and outlined plans to expand their role in global markets, according to people who attended the closed-door event.

Indonesian stocks will likely see further outflows as the nation faces a potential ejection from global stock indexes following MSCI Inc.’s latest proposal to downgrade the country, according to analysts.

China’s campaign to promote the global use of the yuan appears to be accelerating as the authorities seek to build a more comprehensive financial ecosystem for the currency beyond just trade settlement.

Investors pledged US$7.5 billion at a Durban conference in KwaZulu-Natal, South Africa, beating the province's US$5.7 billion target, IOL reported. The post South Africa Investment Pledges Hit US$7.5B appeared first on The Rio Times.

Senegal's 2027 draft budget targets a deficit of 4.7% of GDP, about US$2.3 billion, down from 7.6% in 2026, while IMF approval is still pending. The post Senegal Budget Targets a 4.7% Deficit appeared first on The Rio Times.

Ross Gerber discussed Tesla’s anticipated Roadster unveiling, following a Barclays note suggesting Tesla and SpaceX could merge before year-end, potentially ahead of Tesla’s annual general meeting. Gerber said a high-priced car made in low volumes would not materially affect Tesla financially. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)

MSCI launched a consultation on proposals to reclassify its Indonesia equity indexes from Emerging Market to Standalone Market status, the provider said in a Thursday statement.

INEGI says non-border tourists arriving by air fell 6.5% in August, as spending rose 7.0% to US$2.41 billion. A higher visitor fee awaits the Senate. The post Mexico Air Arrivals Fall 6.5% in August appeared first on The Rio Times.

Forecasters surveyed by Brazil's Finance Ministry expect a 2026 primary deficit of US$10.5 billion, with gross debt seen rising to 87.0% of GDP in 2027. The post Brazil Deficit Forecast Rises to US$10.5B appeared first on The Rio Times.

Ethiopia's annual inflation slowed to 14.9% in September from 15.1%, yet sugar and meat prices keep climbing and the central bank's policy rate stands at 16%. The post Ethiopia Inflation Slows to 14.9% appeared first on The Rio Times.

Dubai is doubling down on its financial center with a new $1.4 billion district, looking past the Iranian attacks that rattled the city’s residents earlier this year and drove down property sales.

Project Vault, the US government-backed critical-minerals stockpile, plans to choose an initial group of more than a dozen American manufacturers that could receive up to $1 billion in loans to help procure key materials.

IMF Africa Director Zeine Zeidane told Ghana's finance minister in Bangkok that its US$3 billion IMF loan programme was a great success. The post IMF Africa Director Hails Ghana’s US$3B Loan appeared first on The Rio Times.

UniCredit SpA is working on a potential deal to hedge €1 billion ($1.1 billion) in German home loans as it prepares to expand its footprint in Europe’s biggest economy.

"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Vasiliki Pachatouridi, BlackRock EMEA Head of iShares Fixed Income Product Strategy; Alexander Gabuev, Carnegie Russia Eurasia Center Director (Source: Bloomberg)

Bangkok, Oct. 15 (Jiji Press)--Finance ministers and central bank chiefs from the Group of 20 major economies met in Bangkok on Thursday to discuss ways to address rising inflation as crude oil prices remain high amid turmoil in the Middle East. Participants also discussed coordinating their policies to stabilize financial markets in light of a global rise in long-term interest rates, fuele...

Indian equities outpaced Asian peers on Thursday, as an unwinding of the artificial intelligence trade spurred a rotation toward markets that had largely missed the surge.

Chancellor of the Exchequer John Healey discusses the International Monetary Fund's comments that the UK is the “country that basically stands out” for plotting a path to bring down borrowing. Speaking to Bloomberg's Lisa Abramowicz in Bangkok, Healey also discusses the importance of banks to the British economy, declining to comment on potential tax measures in the government's Oct. 28 budget. (Corrects spelling of guest's name in headline.) (Source: Bloomberg)

The government hopes a weaker dinar will help pay salaries, but traders face rising import costs and uncertainty.

Hong Kong secondary school student Agastya Rekhi is just 17, but he has been teaching finance and economics to younger children for nearly three years. Meeting families struggling to understand how prices, investments and economic news impacted their daily lives during voluntary work convinced him that access to information was only part of the problem. How that information was communicated was just as important. Rekhi, a finalist for the Spirit of Youth Award in this year’s Spirit of Hong Kong...

A forecaster who was early to call the most recent Federal Reserve rate hike now says a bigger, half-percentage-point rate increase could be on the table in December.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Carol Massar and Tim Stenovec. (Source: Bloomberg)

The Russell 2000 Index entered a correction with Wednesday’s plunge as rising inflation and interest rates push the riskiest stocks in the market below important averages.

CoreWeave Inc.’s bonds have plunged to levels that typically indicate distress, in a swift move that has caught the attention of Silicon Valley leaders including Chamath Palihapitiya and Elon Musk.