Trading Floors Buzz With Excitement as BOJ Axes Negative Rates
One word echoed across trading floors from Tokyo to Singapore as the Bank of Japan raised rates for the first time in 17 years — ‘finally’.
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One word echoed across trading floors from Tokyo to Singapore as the Bank of Japan raised rates for the first time in 17 years — ‘finally’.
China Evergrande Group’s alleged $78 billion revenue overstatement escalates the legal peril of founder Hui Ka Yan, who now stands at the center of one of the biggest financial fraud cases in history.
Japan’s real estate shares were the biggest winners on Tuesday after a widely expected move by the Bank of Japan to end its negative rates regime, with investors focusing on the dovish tone by the central bank and the inflation outlook.
The painful decoupling offers a glimpse of what awaits both sides if the war in Gaza permanently ruptures ties.
Donald Trump lost his bid to prevent testimony from a porn star and a Playboy model at the former president’s criminal trial in New York, where he’s accused of falsifying business records related to hush-money payments before the 2016 election.
Dec 8, 2021
Bloomberg News
,(Bloomberg) -- Even during the darkest days of pandemic lockdowns, Hilton Worldwide Holdings Inc. Chief Executive Officer Christopher Nassetta was confident that demand for business travel would recover.
“There is an unstoppable force that exists with humans,” Nassetta said in a Bloomberg Television interview with Carlyle Group Inc. co-founder David Rubenstein. “They want to network, they want to grow their business, to build relationships. And so I have no real worries.”
Other highlights from the interview, recorded Dec. 1, are below:
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